Prohibits certain financial institutions from requiring certain disabled veterans to include anticipated property tax obligations as part of mortgage.

New Jersey A741 prohibits State-chartered banks, mortgage companies, and credit unions from requiring disabled veterans or their surviving spouses to include anticipated property tax obligations as part of mortgage applications. This applies to mortgages for a dwelling house that will be the person's principal residence. The bill requires the assessor of the municipality in which the property is located to certify that the veteran or surviving spouse satisfies all eligibility requirements for the disabled veterans' property tax exemption, except for ownership of the property.

Prohibits certain financial institutions from requiring certain disabled veterans to include anticipated property tax obligations as part of mortgage.

New Jersey A741 prohibits State-chartered banks, mortgage companies, and credit unions from requiring disabled veterans or their surviving spouses to include anticipated property tax obligations as part of mortgage applications. This applies to mortgages for a dwelling house that will be the person's principal residence. The bill requires the assessor of the municipality in which the property is located to certify that the veteran or surviving spouse satisfies all eligibility requirements for the disabled veterans' property tax exemption, except for ownership of the property.