Mortgage Broker in Englewood Cliffs, NJ
Local Bergen County mortgage expert specializing in Englewood Cliffs home loans. FHA, VA, Conventional, and Jumbo financing for Hudson River waterfront luxury living with Palisades views.
Licensed Mortgage Broker • NMLS #1577754 • Equal Housing Lender
Englewood Cliffs Real Estate Market
Understanding the Englewood Cliffs housing market for your home purchase
$875,000
Median home price (2025)
$650K-$2M
Typical price range
$17,063
Avg. annual property taxes
A-/B+ Rated
Englewood Cliffs Schools
Why Buyers Love Englewood Cliffs
- ✓Hudson River Waterfront: Palisades views, luxury high-rises, river access
- ✓Low Tax Rate: 1.95% among lowest in Bergen County for luxury living
- ✓NYC Proximity: 15-minute commute to Manhattan, George Washington Bridge
- ✓Luxury High-Rises: Modern amenities, doorman, parking, river views
- ✓Palisades Interstate Park: Hiking trails, scenic overlooks, nature access
- ✓Upscale Living: Safe, quiet, prestigious address with skyline views
Mortgage Programs for Englewood Cliffs Homes
Financing options for every Englewood Cliffs homebuyer
FHA Loans
3.5% down with 580+ credit. Available for condos and single-family homes. Max loan $929,200 in Bergen County.
- Low down payment option
- Flexible credit requirements
- Condo approval required
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 Englewood Cliffs' $875K median.
- 620+ credit score required
- PMI removable at 20% equity
- Best rates for 680+ scores
Jumbo Loans
For luxury Englewood Cliffs homes over $929,200. Common for waterfront high-rises and penthouses.
- 10-20% down payment
- 700+ credit recommended
- No maximum loan amount
Frequently Asked Questions
Common questions about Englewood Cliffs home loans
What credit score do I need for a mortgage in Englewood Cliffs 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 Englewood Cliffs' $875K median home price, 680+ credit scores get the most competitive rates. Luxury high-rises may require higher scores.
What are property taxes in Englewood Cliffs NJ?
Englewood Cliffs has an average tax rate of 1.95%, among the lowest in Bergen County. On an $875,000 home, expect approximately $17,063 annual property taxes ($1,422/month). Luxury condos may have additional HOA fees.
How much down payment do I need for an Englewood Cliffs home?
Down payment requirements vary: FHA loans require 3.5% down ($30,625 on an $875K home), VA loans require 0% down for eligible veterans, Conventional loans require 3-20% down ($26,250-$175,000), and Jumbo loans typically require 10-20% down.
How long does pre-approval take in Englewood Cliffs?
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 is essential in Englewood Cliffs' competitive waterfront market.
Ready to Buy Your Englewood Cliffs Home?
Local Bergen County mortgage broker with deep Englewood Cliffs market knowledge. Get pre-approved today and start your home search in this waterfront luxury community.
Licensed Mortgage Broker • NMLS #1577754
Proudly serving Englewood Cliffs homebuyers since 2015