The Best Mortgage Lenders in Haworth, NJ
Compare verified mortgage lenders serving Haworth, New Jersey. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Haworth
Featured Mortgage Lenders
Michael D'Agostino
CrossCountry Mortgage, LLC - Bergen County
CrossCountry Mortgage's Bergen County office is consistently rated among the top mortgage lenders in Northern New Jersey, serving Haworth and surrounding communities. With over 15 years of local experience, Michael D'Agostino and his team specialize in personalized service and competitive rates for Bergen County homebuyers. They offer a comprehensive range of loan products with particular expertise in jumbo loans common in Haworth's real estate market. Their high rating reflects exceptional customer service and deep knowledge of local market conditions.
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David Cillo
Guild Mortgage - Paramus
Guild Mortgage's Paramus location serves Haworth and the broader Bergen County area with extensive mortgage expertise and local market knowledge. With over 60 years in business nationally and strong local presence, they offer competitive rates and personalized service. Specializing in both purchase and refinance loans, their team understands the unique needs of North Jersey homebuyers. Their high customer satisfaction ratings stem from transparent processes, reliable communication, and expertise with various loan programs suitable for Haworth's diverse housing market.
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Jason Raimo
Guaranteed Rate - New Jersey
Guaranteed Rate's New Jersey division, located just minutes from Haworth in Woodcliff Lake, provides excellent mortgage services to Bergen County residents. As one of the largest retail mortgage lenders in the U.S. with strong local representation, they combine digital efficiency with personalized service. Jason Raimo and his team specialize in competitive jumbo loans and conventional financing, with particular expertise in North Jersey's premium real estate markets. Their high-tech approach coupled with local expertise makes them a top choice for Haworth homebuyers seeking streamlined processes and competitive rates.
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Frequently Asked Questions
Common questions about mortgage lending in Haworth, NJ
What are the typical down payment requirements for homes in Haworth, NJ, given its high property values?
Due to Haworth's premium real estate market, with median home values significantly above state and national averages, standard down payments of 20% are common to avoid private mortgage insurance (PMI). However, for qualified buyers, lenders may offer conventional loans with down payments as low as 10% or even 5%, though this will increase your monthly costs with PMI. Jumbo loans, which are frequently needed here, often require 10-20% down.
Are there any local or Bergen County-specific first-time homebuyer programs that can help with purchasing in Haworth?
While Haworth itself does not offer a municipal program, Bergen County homeowners, including those in Haworth, can access the New Jersey Housing and Mortgage Finance Agency (NJHMFA) programs. These include the First-Time Homebuyer Mortgage Program and the NJHMFA Down Payment Assistance Program, which can provide favorable rates and up to $10,000 in assistance, subject to income and purchase price limits.
How do property taxes in Haworth impact my mortgage qualification and monthly payment?
Haworth has notably high property taxes, which are a critical component of your monthly escrow payment. Lenders will calculate your debt-to-income (DTI) ratio including these taxes, which can sometimes limit your purchasing power more than in other towns. It's essential to get a precise tax estimate for any property, as taxes can add $1,500 or more to your monthly payment on top of principal and interest.
Is a jumbo loan commonly required for mortgages in Haworth, and are rates different for them?
Yes, given that most single-family homes in Haworth exceed the conforming loan limits ($$1,149,825 for 2024 in Bergen County), jumbo loans are very common. Jumbo loan rates are typically slightly higher than conforming loan rates due to the increased risk for lenders. You will need excellent credit (often 700+), a low debt-to-income ratio, and significant cash reserves to qualify for the best jumbo terms.
What should I know about the appraisal process for a Haworth home, especially for older or unique properties?
Haworth has many distinctive, older homes and custom-built properties. The appraisal process can be more complex, as appraisers must find appropriate "comps" (comparable sales) from within Haworth or similar high-value Bergen County towns. A low appraisal is a notable risk in this niche market, so buyers should be prepared with additional cash or negotiation strategies to cover any gap between the sale price and appraised value.
Why Choose a Mortgage Lender in Haworth?
Local Market Knowledge
Lenders who understand Haworth'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 Haworth and get competitive rates on your home loan.