The Best Mortgage Lenders in Burlington, NJ
Compare verified mortgage lenders serving Burlington, New Jersey. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Burlington
Featured Mortgage Lenders
CrossCountry Mortgage, LLC
CrossCountry Mortgage, LLC
CrossCountry Mortgage is a highly-rated national lender with a strong local presence in the Burlington County area. Their Maple Shade office serves Burlington and surrounding communities with exceptional customer service and competitive rates. They specialize in first-time homebuyer programs and offer a wide variety of loan products with personalized guidance throughout the mortgage process. Their 4.9-star rating reflects consistent customer satisfaction and efficient loan processing.
Loan Types:
NFM Lending
NFM Lending
NFM Lending has built an excellent reputation in the South Jersey region with their comprehensive mortgage solutions and exceptional customer service. Serving Burlington County from their Westmont location, they offer competitive rates and specialize in both purchase and refinance transactions. Their team provides personalized attention and streamlined processing, earning them consistent high ratings from homebuyers throughout the area.
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Trident Mortgage Company
Trident Mortgage Company
As part of the Berkshire Hathaway HomeServices Fox & Roach family, Trident Mortgage Company brings substantial experience and reliability to Burlington homebuyers. While based in Philadelphia, they actively serve the entire South Jersey region with competitive rates and extensive loan options. Their long-standing presence in the market and affiliation with a major real estate network provides customers with integrated home buying services and mortgage expertise.
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Frequently Asked Questions
Common questions about mortgage lending in Burlington, NJ
Are there any special first-time homebuyer programs available specifically for Burlington, NJ?
Yes, Burlington homebuyers can access the New Jersey Housing and Mortgage Finance Agency (NJHMFA) programs, which offer competitive interest rates and down payment assistance. The agency's First-Time Homebuyer Mortgage Program is widely used in the area and can be combined with the NJHMFA Down Payment Assistance program, providing up to $10,000 as a forgivable loan. Local lenders are well-versed in these programs and can guide you through the application process.
How do property taxes in Burlington City impact my mortgage qualification and monthly payment?
Burlington County, which includes Burlington City, has property tax rates that are above the national average, which is a critical factor in mortgage lending. Lenders will calculate your debt-to-income ratio including these estimated taxes, which can affect how much home you qualify for. It's essential to get an accurate tax estimate early in your home search, as your monthly escrow payment will be significantly influenced by this local cost.
What is a typical down payment requirement for a mortgage on a home in Burlington's historic district?
For homes in Burlington's designated historic district, standard down payment requirements apply (e.g., 3-5% for conventional loans, 3.5% for FHA). However, lenders may require additional inspections or have specific appraisal considerations for historic properties to ensure the home meets lending standards. It's advisable to work with a lender experienced in historic homes, as they can navigate any unique requirements related to the property's age and condition.
Are USDA loans a viable option for homebuyers in Burlington, NJ?
While most of Burlington City itself is not eligible for USDA rural development loans due to its population density, some surrounding areas in Burlington County may qualify. To finance a home within the city limits, buyers typically rely on conventional, FHA, VA (if eligible), or NJHMFA loans. A local mortgage officer can quickly determine if a specific property address falls within a USDA-eligible zone.
How does Burlington's proximity to Philadelphia and major transit routes influence mortgage lending considerations?
Burlington's location as a commuter hub can be favorable for mortgage approval, as stable employment centers in Philadelphia and along the I-295 corridor support income stability—a key factor for lenders. Furthermore, this accessibility can contribute to stronger long-term property value trends, which lenders view positively. Be prepared to document your commute and employment history if your job is outside the immediate area.
Nearby Cities
Explore mortgage lenders in cities near Burlington, NJ
Why Choose a Mortgage Lender in Burlington?
Local Market Knowledge
Lenders who understand Burlington's housing market can offer better guidance and competitive rates.
Multiple Loan Options
Access to conventional, FHA, VA, USDA, and jumbo loans tailored to your financial situation.
Proven Track Record
Work with lenders who have years of experience and hundreds of satisfied customers in New Jersey.
Ready to Find Your Perfect Mortgage Lender?
Connect with top-rated mortgage professionals in Burlington and get competitive rates on your home loan.