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OUTSTANDING OPPORTUNITIES AWAIT ACTIVE ADULTS AT
FHA Financing and Buyer Incentives Make Now the Time to Buy
MONMOUTH JUNCTION, N.J. – Purchasers can now take advantage of Federal Housing Administration (FHA) financing and buyer incentives at The Pointe at Turnbury, a collection of 193 residences for active adults located in the Middlesex County Township of Monmouth Junction.
The benefits of the community’s FHA loan-compliant status are FHA loans have no income limits, allow for less-than-perfect credit histories and require as little as 3.5 percent downpayments, compared to 10-to-20 percent for conventional mortgages.
“With borrowing rates still at historic lows, this is the perfect time for the active adult buyer who has been on the fence to move forward with a new home purchase by obtaining a mortgage and putting their excess capital to work elsewhere,” says Michael Borodinsky, Sale Manager at Met Life Home Loans.
“Carrying a mortgage also allows these mature homebuyers to leave their savings untouched while benefiting from advantages such as a tax deduction on interest.”
In addition to a full menu of mortgage programs giving homebuyers greater purchasing power, Millennium Homes is currently offering a special developer incentive at The Pointe at Turnbury. For a limited time, purchasers will receive a free gourmet kitchen upgrade which includes stainless steel appliances and granite countertops.
The Pointe at Turnbury features five expansive floorplans which are impressively priced from $299,990. The spacious townhomes layouts range in size from 1,844 to 2,508 square feet of living space and include an array of standard high-end amenities and appointments such as gourmet kitchens, finished loft spaces and convenient two-car garages. Full basements and dens are available based on location.
Residents of Turnbury enjoy an active lifestyle that stems from the community’s impressive 7,500-square-foot clubhouse facility which is home to a grand salon and entertaining kitchen, sunroom, billiards room, game and card room, state-of-the-art fitness center, outdoor heated pool, spa, putting green and bocce court.
“Considered the hub of the community’s social lifestyle, the clubhouse features a full calendar of events,” notes Lisa Macchi, Executive Vice President of Sales and Marketing at Millennium Homes. “These activities vary according to residents’ interests and include a wide range of presentations, weekly fitness instruction such as yoga and Fit ‘N’ Trim classes and seasonal parties.”
Residents also benefit from an extensive offsite social calendar which reflects numerous recreational and cultural events taking place in Princeton and the surrounding area.
For additional information on The Pointe at Turnbury please call (609) 799-0459 or visit www.millenniumhomes.com. The community’s Information Center is open daily from 11 a.m. to 5 p.m.
To Visit The Pointe at Turnbury
From Northern New Jersey: N.J. Turnpike Exit 9 and follow signs for Route 1 S. Follow Rte. 1 S for 12 miles to jug-handle for Ridge Road. At first light turn right onto Schalks Crossing Road. Entrance on right. Proceed through gatehouse and follow signs to Sales Center and model homes.
From Southern New Jersey & Philadelphia. Area: I-95 N or I-295 N to Route 1 N. At Quaker Bridge Mall proceed 7.2 miles on Route 1 N. Right onto Ridge Road, exit right toward Monmouth Junction. Proceed 0.2 miles and turn right onto Schalks Crossing Road. Entrance on right. Proceed through gatehouse and follow signs to Sales Center and model homes.
About Millennium Homes
Millennium Homes, a division of BNE Associates, has been dedicated to building quality homes that reach the highest industry standards for design. For more than 50 years, Millennium Homes has been building communities nationwide. Whether apartment residences, condo flats, town homes, single family or homes for active adults, Millennium Homes understands the elements that make a development a true community. Millennium has envisioned and completed over 100 communities that stretch from New Jersey south to Florida and west to Texas and California.
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