Just across the Delaware River from Philadelphia, Pennsylvania sits Camden, New Jersey. Camden was founded in 1844. It is the county seat for Camden County in New Jersey.
Camden has a port that dates back to 1834. South Jersey Port Corporation, established in 1928, operates the Camden Port. The port is located on the Delaware River and has access to the Atlantic Ocean .
There is more than one option for transportation if you live in Camden . Camden is the hub for the New Jersey Transit busses, as well as the New Jersey Transit Greyhound Lines. There is also the PATCO, which is a high-speed River Line light rail station in Camden .
Camden ’s biggest attraction may be the waterfront view along the Delaware River . Not only is there a beautiful view, but there are waterfront attractions that include the USS New Jersey, the Tweeter Center, Campbell’s Field and the Adventure Aquarium. The Adventure Aquarium opened in 1992, went through some major renovation and reopened in 2005. The Tweeter Center is an open-air amphitheater, seating 25,000 people. Campbell ’s Field is home to the Camden Riversharks, which is a minor league baseball team. The USS New Jersey is a former Navy battleship. It was active from 1943 to 1991. It was involved in World War II, the Korean War and the Vietnam War. Other waterfront attractions include the Wiggins Park Riverstage and Marina , The Victor Lofts, the Rutgers-Camden Center for the Arts, the One Port Center , the Walt Whitman House, the Walt Whitman Cultural Arts Center and the Camden Children’s Garden.
Camden not only has entertainment opportunities, but it also has educational opportunities as well. Camden County College has a campus in Camden . Rowan University and Rutgers University are also located in Camden .
Camden also has some interesting trademarks. The first drive-in theater was opened in Camden in 1933. The Church of Scientology was founded in Camden .
What better choice could you make for a new home than a town with trademarks, educational opportunities, entertainment and a beautiful view?
Making the decision to buy a house in Camden , New Jersey is easy, but what about financing?
Finding financing for your new home in Camden is not too difficult; however, understanding your options is a must before you talk to anyone about getting your loan. Essentially, you will have two options when it comes to taking out a mortgage for your new home. There will be variations of the two main options, but if you understand the basics, then you will be able to understand the variations. Your two basic options are fixed rate loans and adjustable rate loans. Fixed rate loans are mortgages that are taken out for a certain number of years called a term. The interest rate remains the same throughout the entire term. The term can be virtually any number of years, but a typical term is 15 or 30 years. You pay the same payment each month and when your term is up, your loan is paid off. An adjustable rate loan, or ARM is not as easy as the fixed rate loan. This type of loan does not have a fixed interest rate, fixed payments, or a fixed term. This type of loan has varying interest rates. The market determines the interest rates for this loan. The payment will change according to your specific ARM. It could change as often as every month or it could change yearly.
If you already own your home in Camden and plan to stay there, you can look into refinancing or taking out a home equity loan. Refinancing means that you take out a new mortgage with lower interest rates to replace your old mortgage. The lower interest rates will save you some money. That money can then be spent on other bills and expenses. A home equity loan is a loan that you take out against the equity that you have in your home. This is an option if you have owned your home for several years. The money from the loan can then be spent in anyway that you need to.
Fill out the form below and a professional will help you decide on the best financial option for your personal needs so that you can call Camden , New Jersey home.
