New Jersey Lender Rates

woodland home in Harding township NJ

The "Garden State", known as New Jersey, features some very prestigious upscale neighborhoods like Alpine, Cedar Grove, Englewood Cliffs, Saddleriver, Stone Harbor, Bedminster, Short Hills, Spring Lake, Sea Girt, Mantoloking, and other luxury home communities to keep you satisfied for years to come. Most luxury homes in the N.Y. suburb are in the counties of Hunterdon, Somerset, and Morris County, N.J.

Financing in these neighborhoods calls for loan amounts well in excess of conforming loan limits. Choices range from 5, 7 & 10 Year Jumbo ARMs to the customary 30-year and 15-year program. Lenders have different rates and programs and all borrowers may not qualify.

2020 Maximum Conforming Loan Limits for high cost areas in the Garden State are:

Bergen, Hudson, Middlesex, Monmouth, Ocean, and other high cost Counties

1 Unit - $625,500

2 Unit - $800,775

3 Unit - $967,950

4 Unit - $1,202,925

Multi-million dollar homes are plenty in New Jersey from the north to the Jersey shores to the southern areas with lush green estates and gated communities:

Many can be found in this article from the Star Ledger that are listed for as much as $49 million

Find a local lender for financing in ยป Englewood Cliffs | Short Hills | Mantaloking | Ocean County