The Best Mortgage Lenders in Eatontown, NJ
Compare verified mortgage lenders serving Eatontown, New Jersey. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Eatontown
Featured Mortgage Lenders
Michael D'Onofrio
CrossCountry Mortgage, LLC
CrossCountry Mortgage's Eatontown-area branch, led by Michael D'Onofrio, maintains exceptional 4.9-star ratings across multiple review platforms with over 125 verified customer reviews. As a top-rated local mortgage expert, they specialize in personalized service for Monmouth County homebuyers, offering competitive rates and streamlined digital processing. Their team has extensive experience with New Jersey's unique housing market and provides comprehensive guidance through the entire mortgage process, from pre-approval to closing.
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John M. Duffy
NJ Lenders Corp.
NJ Lenders Corp. is a highly-rated local mortgage brokerage headquartered right in Eatontown with nearly two decades of service to the community. With 4.8-star ratings and nearly 200 reviews, they've built a reputation for exceptional customer service and competitive rates. As a local company, they have deep relationships with regional banks and lenders, providing Eatontown residents with personalized attention and extensive knowledge of Monmouth County's real estate market. Their team offers flexible solutions for all types of borrowers.
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Mortgage Department
Columbia Bank
Columbia Bank maintains a strong physical presence in Eatontown with their local branch offering comprehensive mortgage services. As an established community bank founded in 1994, they combine the personalized service of a local institution with the resources of a regional banking leader. With 4.7-star ratings and over 140 reviews, they're praised for their responsive local underwriting and long-term commitment to the Eatontown community. Their mortgage specialists provide competitive rates and particularly excel at construction loans and relationship-based lending for local residents.
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Frequently Asked Questions
Common questions about mortgage lending in Eatontown, NJ
Are there any special mortgage or down payment assistance programs for first-time homebuyers in Eatontown, NJ?
Yes, New Jersey Housing and Mortgage Finance Agency (NJHMFA) programs are available to Eatontown residents, including the First-Time Homebuyer Mortgage Program and the Down Payment Assistance (DPA) program. These can offer competitive interest rates and up to $10,000 in down payment help. It's also wise to check with local lenders about any Monmouth County-specific initiatives or grants.
How does Eatontown's proximity to major military bases affect mortgage options?
Being near Fort Monmouth (which is being redeveloped) and within commuting distance to Joint Base McGuire-Dix-Lakehurst means many lenders in the area are highly experienced with VA loans. This can be a significant advantage for active-duty military, veterans, and their families, offering favorable terms with no down payment or private mortgage insurance (PMI) requirements.
What are typical property taxes for a home in Eatontown, and how do they impact mortgage qualification?
Eatontown has a property tax rate that is moderately high, typical for Monmouth County, often ranging from 2.5% to 3% of a home's assessed value. Lenders will carefully factor this into your debt-to-income ratio (DTI) during pre-approval, as high taxes can reduce the loan amount you qualify for compared to areas with lower rates.
Are condos and townhouses in Eatontown communities like The Fairways or Monmouth Heights eligible for conventional financing?
While many are eligible, some condo complexes in Eatontown may not be on Fannie Mae or Freddie Mac's approved lists, which can complicate conventional financing. A local mortgage broker can help navigate this by checking a project's warrantability status upfront, which is crucial for a smooth purchase process in these popular communities.
How competitive is the mortgage rate environment in Eatontown compared to the national average?
Mortgage rates in Eatontown are generally aligned with national averages, but your specific rate will depend heavily on your credit profile and loan type. Working with a local lender who understands the competitive Monmouth County market can sometimes provide more personalized service and competitive offers to help you win a bid in Eatontown's active housing market.
Nearby Cities
Explore mortgage lenders in cities near Eatontown, NJ
Why Choose a Mortgage Lender in Eatontown?
Local Market Knowledge
Lenders who understand Eatontown'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 Eatontown and get competitive rates on your home loan.