The Best Mortgage Lenders in Washington, NJ
Compare verified mortgage lenders serving Washington, New Jersey. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Washington
Featured Mortgage Lenders
CrossCountry Mortgage
CrossCountry Mortgage, LLC
CrossCountry Mortgage is a highly-rated national lender with a strong local presence in Warren County. Their Hackettstown office is known for exceptional customer service, competitive rates, and a wide range of loan products. With over 20 years in business, they have built a reputation for personalized attention and efficient processing, making them a top choice for homebuyers in Washington, NJ and surrounding areas.
Loan Types:
Guaranteed Rate
Guaranteed Rate, Inc.
Guaranteed Rate is a leading mortgage lender recognized for its innovative digital tools and competitive pricing. The Morristown branch serves Warren County effectively, offering fast closings and expert guidance. With decades of experience and high customer satisfaction ratings, they provide reliable service for first-time homebuyers and refinancers in Washington, NJ, backed by a strong local team.
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NFM Lending
NFM Lending, Inc.
NFM Lending has over 25 years of experience and is highly regarded for its customer-centric approach and diverse loan options. Based in Allentown, PA, they actively serve the Lehigh Valley and nearby New Jersey communities like Washington, NJ. They are praised for their transparency, competitive rates, and dedicated support, making them a trusted option for mortgages in the region.
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Frequently Asked Questions
Common questions about mortgage lending in Washington, NJ
What are the current trends in Washington, NJ's housing market that could affect my mortgage approval?
Washington, NJ, has a competitive market with relatively low inventory, often leading to bidding wars. This means appraisals are crucial, as lenders will only finance up to the appraised value. Being pre-approved with a strong offer, including a sizeable down payment, is essential to stand out to sellers in this environment.
Are there any special down payment assistance programs for first-time homebuyers in Washington, NJ?
Yes, first-time homebuyers in Washington, NJ, should explore the New Jersey Housing and Mortgage Finance Agency (NJHMFA) programs, such as the First-Time Homebuyer Mortgage Program and the Down Payment Assistance (DPA) program. These state-wide programs offer competitive interest rates and forgivable loans for down payment and closing costs to eligible buyers in Warren County.
How do property taxes in Washington Township (Warren County) impact my monthly mortgage payment?
Warren County property taxes are a significant component of your monthly escrow payment. The effective tax rate in Washington Township is approximately 2.3-2.5%, which is above the national average. Your lender will calculate this into your debt-to-income ratio, so it's vital to budget for this higher tax burden when determining how much house you can afford.
What type of property inspections are especially important for getting a mortgage on an older home in Washington, NJ?
Given the age of many homes in Washington, NJ, a thorough general home inspection is a must. Additionally, lenders may require specific inspections for septic systems (common in more rural parts of the township) and well water testing. Ensuring these systems are functional and meet standards is often a condition for loan approval on older properties.
Are USDA Rural Development loans available for homes in Washington, NJ, and what are the benefits?
Yes, much of Washington Township in Warren County is eligible for USDA Rural Development loans, which offer 100% financing (no down payment). This is a major advantage for eligible buyers looking in this area. To qualify, you must meet income limits and purchase a home in an eligible zone, which includes many properties outside the more densely populated borough center.
Nearby Cities
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Why Choose a Mortgage Lender in Washington?
Local Market Knowledge
Lenders who understand Washington'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 Washington and get competitive rates on your home loan.