Freehold, N.J. – UMH Properties, Inc., a publicly traded real‑estate investment trust that operates manufactured‑home communities across the United States, unveiled a new zero‑down‑payment lending program aimed at qualifying U.S. veterans. The initiative, marketed under the banner “Saluting Those Who Served,” will be available for both new‑construction and pre‑owned homes sold by UMH Sales and Finance, Inc. and will remain in effect through December 31, 2026.
Program details and eligibility
To qualify, veterans must meet the standard eligibility criteria for UMH’s Triad COP Loan Program and be approved for residency in an UMH community. The program leverages a partnership between UMH Sales and Finance and a third‑party lender, allowing eligible veterans to purchase a home with no down‑payment required. As with any financing offer, terms and conditions are subject to change, and applicants should review the program materials provided by UMH for documentation requirements and timelines.
Community impact
UMH Properties emphasizes that the zero‑down option is part of its broader mission to strengthen neighborhoods and expand affordable homeownership opportunities for veterans and first‑time buyers. By reducing the upfront cost barrier, the company hopes to make homeownership more attainable for those who have served the nation, aligning with its long‑standing commitment to community‑centered housing solutions.
About UMH Properties, Inc.
Founded in 1968, UMH Properties is a REIT that owns and operates 145 manufactured‑home communities in 12 states, encompassing roughly 27,100 developed home sites, including rental homes and self‑storage units. The company’s portfolio includes communities in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Maryland, Michigan, Alabama, South Carolina, Florida and Georgia. UMH also holds joint‑venture interests, such as two communities in Florida and one in Pennsylvania, in partnership with Nuveen Real Estate.
How to apply
Prospective veteran buyers are encouraged to contact UMH Sales and Finance, Inc. (NMLS #200331) for more information about the program and to begin the application process. While UMH Sales and Finance is not a lender, it can connect applicants with a preferred third‑party lender or any lender of the buyer’s choosing. Applicants should be aware that closing costs, fees, and lender‑specific terms may apply, and not all applicants will qualify for the zero‑down benefit.
Contact information
For additional details, interested parties may reach out to T.C. Sheppard at UMH Properties via the company website or by calling 1‑800‑504‑0670.
Original reporting: KTBS 3 (Shreveport) — read the source article.
