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Florence, NJ

The Best Mortgage Lenders in Florence, NJ

Compare verified mortgage lenders serving Florence, New Jersey. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.

3
Top Lenders
4.8
Avg Rating
416+
Reviews
8
Loan Types

Available Loan Programs in Florence

Conventional
FHA
VA
USDA
Jumbo
Refinance
First-Time Homebuyer
Construction

Featured Mortgage Lenders

1

Joseph A. Del Rossi

First Home Mortgage

★★★★☆
4.9/5

First Home Mortgage is a highly-rated regional mortgage lender with a strong presence in Burlington County. Joseph Del Rossi's team has exceptional customer reviews highlighting their personalized service, competitive rates, and expertise with first-time homebuyer programs. They specialize in navigating complex mortgage scenarios and offer a wide range of loan products with local underwriting and processing support.

Experience:25 years
Reviews:185 customer reviews
1000 Lenola Road, Suite 202, Mount Laurel, NJ 08054

Loan Types:

ConventionalFHAVAUSDAJumboRefinance
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2

Michael DiLeo

Trident Mortgage Company

★★★★☆
4.8/5

Trident Mortgage Company has established itself as a top-performing mortgage lender in the South Jersey region with multiple offices serving Burlington County. They receive consistently excellent reviews for their responsive service, competitive rates, and smooth closing processes. The Cherry Hill location specifically serves Florence and surrounding communities with expertise in both purchase and refinance transactions.

Experience:20 years
Reviews:142 customer reviews
1010 Kings Highway North, Suite 210, Cherry Hill, NJ 08034

Loan Types:

ConventionalFHAVAFirst-Time HomebuyerRefinance
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3

Mortgage Department

Freedom Credit Union

★★★★☆
4.7/5

Freedom Credit Union serves Burlington County residents including Florence, NJ, and has built an outstanding reputation for mortgage lending with highly competitive rates and exceptional member service. As a credit union, they offer member-focused benefits including lower fees and personalized guidance throughout the mortgage process. Their experienced mortgage team specializes in helping both first-time and experienced homebuyers throughout South Jersey.

Experience:15 years
Reviews:89 customer reviews
5001 Comly Street, Philadelphia, PA 19135

Loan Types:

ConventionalFHAVAFirst-Time HomebuyerConstructionRefinance
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Frequently Asked Questions

Common questions about mortgage lending in Florence, NJ

Are there any special mortgage or down payment assistance programs for first-time homebuyers in Florence, NJ?

Yes, New Jersey offers several statewide programs that are accessible to Florence homebuyers, such as the NJHMFA Down Payment Assistance Program and the First-Time Homebuyer Mortgage Program. These programs can provide low-interest-rate mortgages and forgivable loans for down payment and closing costs, which is particularly helpful given Burlington County's median home prices. It's advisable to work with a lender approved by the New Jersey Housing and Mortgage Finance Agency (NJHMFA) to access these benefits.

How do property taxes in Florence, NJ, impact my mortgage payments and affordability?

Florence Township has a property tax rate that is moderately high, typical for Burlington County. Your lender will roll estimated property taxes into your monthly mortgage escrow payment, significantly affecting your total monthly housing cost. When calculating your budget, it's crucial to factor in these taxes, as they can add several hundred dollars to your monthly payment compared to locations with lower rates, impacting the loan amount you can qualify for.

What types of properties are most common in Florence, and does that affect my loan options?

Florence features a mix of single-family homes, older townhouses, and some newer construction developments, especially near the Route 130 corridor. This variety is generally well-accommodated by conventional, FHA, and VA loans. However, if you're considering a home in one of the older neighborhoods, an FHA 203(k) renovation loan might be a valuable option to finance both purchase and repairs, a common consideration for some of the borough's historic housing stock.

As a commuter town near Philadelphia and Trenton, do lenders in Florence consider potential rental income for a multi-unit property?

Absolutely. Given Florence's location and the presence of some multi-family homes, lenders may allow you to use a portion of projected rental income from a 2-4 unit property to help you qualify for the mortgage. This is subject to standard guidelines, such as a 75% vacancy factor and often requiring a signed lease or comparable rental schedule. This can be a strategic way to increase your purchasing power in this market.

How competitive is the mortgage rate environment in Florence compared to the national average?

Mortgage rates in Florence are primarily driven by national economic trends, so they align closely with national averages. However, your specific rate will depend heavily on your personal financial profile (credit score, debt-to-income ratio) and the lender you choose. Shopping around with local banks, credit unions, and national lenders serving the Burlington County area is key, as even a small difference in rate can have a major impact over the life of a loan in this market.

Mortgage Insights

Finding Your Florence, NJ Mortgage Match: Why Local Expertise Matters

Searching for a "mortgage loan officer near me" in Florence, New Jersey, is about far more than just convenience. It's about finding a financial partner who understands the unique character of our local market and can navigate the specific opportunities available to Burlington County homebuyers. While online lenders are an option, a local loan officer brings insights that can make your path to homeownership in Florence smoother and potentially more affordable.

Florence presents a compelling mix of suburban charm, riverfront appeal, and strong community ties. A local loan officer knows the nuances of neighborhoods, from the established streets near the river to newer developments. They understand how property values are trending in our specific zip code and can provide realistic advice on what you can afford in this market. They’re also familiar with the types of homes common here—whether it's a classic Cape Cod, a rancher, or a newer townhome—and how different property styles might align with various loan programs.

For New Jersey homebuyers, state-specific programs are a major advantage that a local professional will expertly guide you through. The NJHMFA (New Jersey Housing and Mortgage Finance Agency) offers fantastic resources like the NJHMFA Down Payment Assistance Program, which can provide qualified buyers with up to $10,000 towards their down payment and closing costs. There are also programs for first responders, teachers, and veterans. A Florence-based loan officer doesn't just know these programs exist; they have experience processing them and can tell you how they successfully work with the homes and price points in our area.

Here is your actionable plan for finding the right local partner:

1. Ask for Hyper-Local References: When interviewing loan officers, don't just ask for general client testimonials. Ask specifically, "Can you share an example of a recent mortgage you closed for a buyer in Florence or neighboring Burlington Township?" This reveals direct, relevant experience.

2. Discuss NJ-Specific Strategies: Inquire upfront about their experience with NJHMFA programs. A great local officer will proactively ask if you're a first-time homebuyer to discuss these options, as they can be game-changers for budgeting.

3. Consider the Appraisal Process: A local expert has relationships with appraisers familiar with Florence. This can be crucial for ensuring a fair valuation, especially for unique properties or in a competitive market, helping your deal stay on track.

4. Meet Them in Person (or Virtually): Choose someone who makes you feel comfortable asking questions. The mortgage process involves sharing detailed financial information; you need a trusted advisor, not just a faceless processor.

Your search for a "mortgage loan officer near me" in Florence, NJ, is the first step in planting roots in a wonderful community. By prioritizing local expertise, you’re not just getting a loan—you’re gaining an advocate who understands your goal of calling Florence home. Start with a conversation, focus on their local and state program knowledge, and you’ll be well on your way to unlocking your front door right here in Burlington County.

Nearby Cities

Explore mortgage lenders in cities near Florence, NJ

Why Choose a Mortgage Lender in Florence?

Local Market Knowledge

Lenders who understand Florence'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 Florence and get competitive rates on your home loan.