Mortgage Broker in Dumont, NJ
Local Bergen County mortgage expert specializing in Dumont home loans. FHA, VA, Conventional, and Jumbo financing for this affordable Bergen County community with strong schools.
Licensed Mortgage Broker • NMLS #1577754 • Equal Housing Lender
Dumont Real Estate Market
Understanding the Dumont housing market for your home purchase
$545,000
Median home price (2025)
$400K-$750K
Typical price range
$14,061
Avg. annual property taxes
B+/A- Rated
Dumont Public Schools
Why Buyers Love Dumont
- ✓Affordable Bergen County: $545K median price, accessible entry point
- ✓Strong Schools: Dumont Public Schools B+/A- rated, dedicated staff
- ✓Downtown District: Washington Avenue shops, restaurants, community events
- ✓NYC Commute: 25-minute bus to Port Authority, train access
- ✓Diverse Housing: Single-family homes, townhomes, varied architecture
- ✓Community Events: Annual festivals, parades, strong community spirit
Mortgage Programs for Dumont Homes
Financing options for every Dumont homebuyer
FHA Loans
3.5% down with 580+ credit. Ideal for first-time buyers in Dumont. Max loan $929,200 in Bergen County.
- Low down payment option
- Flexible credit requirements
- Seller can pay closing costs
VA Loans
0% down for veterans and active military. No PMI even with zero down payment. No maximum loan amount.
- Zero down payment required
- No PMI at any LTV ratio
- Competitive rates for military
Conventional Loans
3% down for first-time buyers, up to $929,200 conforming limit. Perfect for Dumont's $545K median.
- 620+ credit score required
- PMI removable at 20% equity
- Best rates for 680+ scores
Jumbo Loans
For luxury Dumont homes over $929,200. Available for premium properties and estates.
- 10-20% down payment
- 700+ credit recommended
- No maximum loan amount
Frequently Asked Questions
Common questions about Dumont home loans
What credit score do I need for a mortgage in Dumont NJ?
FHA loans require 580+ credit score with 3.5% down. Conventional loans typically need 620+ for best rates. VA loans are more flexible for veterans. For Dumont's $545K median home price, 680+ credit scores get the most competitive rates.
What are property taxes in Dumont NJ?
Dumont has an average tax rate of 2.58%. On a $545,000 home, expect approximately $14,061 annual property taxes ($1,172/month). Tax rates vary by specific location and property assessments.
How much down payment do I need for a Dumont home?
Down payment requirements vary: FHA loans require 3.5% down ($19,075 on a $545K home), VA loans require 0% down for eligible veterans, Conventional loans require 3-20% down ($16,350-$109,000), and Jumbo loans typically require 10-20% down.
How long does pre-approval take in Dumont?
Pre-approval typically takes 24-48 hours with complete documentation. You'll need recent pay stubs, W-2s, bank statements, and credit authorization. A pre-approval letter strengthens your offer in Dumont's active market.
Ready to Buy Your Dumont Home?
Local Bergen County mortgage broker with deep Dumont market knowledge. Get pre-approved today and start your home search in this affordable, family-friendly community.
Licensed Mortgage Broker • NMLS #1577754
Proudly serving Dumont homebuyers since 2015