What areas does CMG Home Loans serve in Bergen County?

CMG Home Loans serves all 70 municipalities in Bergen County, NJ, including Paramus, Ridgewood, Fort Lee, Hackensack, Teaneck, Fair Lawn, and more. We provide local expertise with competitive mortgage rates throughout the county.

What is the current conforming loan limit in Bergen County, NJ?

The 2024 conforming loan limit for Bergen County, NJ is $1,149,825 for a single-family home. Loans above this amount are considered jumbo loans. CMG Home Loans offers both conforming and jumbo mortgage options.

What types of mortgage loans does CMG offer?

CMG Home Loans offers a comprehensive range of mortgage products including FHA loans, VA loans, USDA loans, Conventional loans, Jumbo loans, All-In-One Mortgage, HomeFundIt down payment assistance, Renovation 203k loans, Reverse mortgages, and Builder programs.

What credit score do I need for a mortgage in Bergen County?

Credit score requirements vary by loan type. FHA loans may be available with scores as low as 580 with 3.5% down. Conventional loans typically require 620+. VA loans have flexible credit requirements. Contact CMG for personalized guidance based on your situation.

How much down payment do I need in Bergen County?

Down payment requirements vary: FHA loans require 3.5% minimum, Conventional loans can be as low as 3% for first-time buyers, VA loans offer 0% down for eligible veterans, and Jumbo loans typically require 10-20%. CMG also offers HomeFundIt for down payment assistance.

Bergen County VA LoansVeterans Buy in Bergen County with $0 Down Payment

VA loans offer Bergen County veterans and active military 0% down payment financing up to $1,149,825 with no mortgage insurance.

Get Pre-Approved Call 201-615-5430

$1,149,825

Bergen County Limit

0% with full entitlement

Down Payment

580+ (lender overlay)

Credit Score

41% (residual income method)

Max DTI

Why Choose VA for Your Bergen County Home?

0% Down Payment

Buy a Bergen County home with no money down.

On a $725K home, that's $0 down versus $145K for conventional 20% down.

No Mortgage Insurance

VA loans don't require PMI, saving $300-500/month.

Save approximately $4,800 annually compared to FHA mortgage insurance premiums.

Flexible Credit Standards

No minimum credit score set by VA (lender overlays apply).

Most lenders approve VA borrowers with 580+ credit scores.

High Bergen County Limits

VA loans up to $1,149,825 with no down payment required.

Full entitlement covers the majority of Bergen County home prices.

Bergen County VA Loan Eligibility

Valid Certificate of Eligibility (COE) from VA
Active duty military (90+ days wartime or 181+ days peacetime)
Veterans with honorable discharge (specific service requirements)
National Guard or Reserves (6+ years service)
Surviving spouses of service members (certain conditions)
Primary residence only (must occupy within 60 days)
VA funding fee: 2.15% first-time, 3.3% subsequent (waived for disabled veterans)

VA Loans Available in All 70 Bergen County Towns

Serving 955,732 residents across Bergen County. Click any town for local market data and VA loan options.

All 22 Bergen County Towns

Don't see your town listed? View all Bergen County towns

Your Path to VA Approval in Bergen County

Obtain COE

Same day - 2 weeks

Get your Certificate of Eligibility from the VA (we can help with this).

Pre-Approval

Same day

Get pre-approved to determine your Bergen County buying power.

Home Shopping

1-30 days

Search Bergen County for your perfect home (all 70 towns available).

VA Appraisal

Day 7-12

VA appraiser ensures property meets Minimum Property Requirements.

Closing

Day 30-40

Close on your Bergen County home with no down payment!

Frequently Asked Questions

What is the VA loan limit in Bergen County?

$1,149,825 with full entitlement. Veterans can borrow above this with a down payment (25% of the excess amount).

Do I pay property taxes with a VA loan in Bergen County?

Yes, Bergen County property taxes average 2.19% annually. These are escrowed monthly into your mortgage payment.

Can I use my VA loan more than once?

Yes! Your VA entitlement can be restored after selling or refinancing. Some veterans can use remaining entitlement for a second home.

Bergen County Market Overview

955,732

Total Population

$725,000

Median Home Price

+5.7% annually

Annual Appreciation

Start Your VA Loans Journey in Bergen County Today

Get pre-approved and start shopping in any of Bergen County's 70 towns with confidence

Get Pre-Approved Call: 201-615-5430

NMLS #1577754 | Equal Housing Opportunity