New Jersey High Cost Thresholds

This is not legal advice for your situation*

The following is a list of the maximum principal loan amounts under the New Jersey Home Ownership Security Act of 2002, as published by the New Jersey Department of Banking and Insurance Bulletins found here. These figures are adjusted annually to include the last published increase of the housing component of the national Consumer Price Index and the New York- Northeastern New Jersey Region.

Year	Amount	Bulletin
2012	$438,298.70	Bulletin 11-29
2011	$430,955.10	Bulletin 10-33
2010	$428,615.60	Bulletin 09-38
2009	$428,615.60	Bulletin 08-25
2008	$411,777.45	Bulletin 07-21
2007	$400,001.50	Bulletin 06-25
2006	$383,682.60	Bulletin 05-24
2005	$365,674.13	Bulletin 04-25
2003/04	$350,000.00	Home Ownership Security Act

*This article is distributed to provide general information about the subject matter covered and should not be utilized as a substitute for professional advice in specific situations. If you require such advice, please consult with your own professional advisers.