There are a lot of different types of loan plans available in the market. Knowing the right one for your situation as well as your goals can be confusing and frustrating for people who are new to the New Jersey waterfront market. With so many plans available to choose from, it can be hard to know where to start. One loan plan worth considering is the FHA 203k home loan. This is a loan plan that is slightly different than what many people are used to in the market. Unlike a USDA loan, this home loan program does not have location limitations, so it can be used in many more communities such as Highlands. The key difference is that buyers are able to roll both the cost of the home as well as any repairs into one loan for the home.