NMLS #63021|Licensed in NJ · PA · FL Call or text (609) 665-3460dhutch@nexalending.com

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The Plain English Mortgage Blog

Straightforward answers about buying, refinancing, and investing in New Jersey, from a loan officer who has been doing this for 25+ years.

2026-10-29 · First-Time Buyers

How NJ Down Payment Assistance Works

A plain-English look at how down payment help works in New Jersey: options through select lending partners, how structures vary, and how to check eligibility.

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2026-10-29 · VA Loans

VA Loan vs. FHA in NJ: Plain English

VA vs. FHA loans for New Jersey buyers, explained simply: down payment, mortgage insurance, the VA funding fee, credit, and which one may fit you.

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2026-10-29 · Investors

What Is a DSCR Loan? A Plain-English Guide for NJ Investors

DSCR loans explained simply: how the debt service coverage ratio is calculated, what lenders look at, pros and cons, and when a DSCR loan fits a NJ rental.

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About the author: David J. Hutchison II, NMLS #63021, is a mortgage loan originator with NEXA Lending (Company NMLS #1660690), originating loans for 25+ years and focused on VA, first-time buyer and investor loans in New Jersey and Pennsylvania. Verify his license at NMLS Consumer Access. Reviewed Nov 2026.

Last updated Oct 2026