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Mortgage Broker in Franklin Lakes, NJ 07417

Franklin Lakes combines luxury estates with a family-friendly atmosphere, featuring top-rated schools and beautiful lake communities. This prestigious borough offers spacious properties and a strong sense of community.

Franklin Lakes Real Estate Market

Median Home Price

$1,300,000

Appreciation

+5.8% YoY

Median Income

$195,000

School Rating

9/10

Quick Facts

Population:11,099
Property Tax Rate:2.18%
County:Bergen County
FHA/VA Limit:$1,149,825

Why Buy in Franklin Lakes?

  • Blue Ribbon school district
  • Private lake communities
  • Luxury homes with large lots
  • Country club lifestyle
  • Excellent recreational facilities
  • Safe, family-oriented neighborhoods

Mortgage Programs for Franklin Lakes Buyers

We offer specialized loan programs tailored to Franklin Lakes's market conditions and buyer needs.

FHA Loans

Perfect for Franklin Lakes first-time buyers. 3.5% down up to $1,149,825.

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VA Loans

0% down for veterans buying in Franklin Lakes. Up to $1,149,825 limit.

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Jumbo Loans

For Franklin Lakes homes above $1,149,825. Competitive rates available.

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Ready to Buy in Franklin Lakes?

Get pre-approved today and start your Franklin Lakes home search with confidence.

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Current Multi-State Mortgage Rates

Competitive rates across NYC/NY, NJ, PA, CT, Maryland, Ohio, & GA. FHA, VA, Conventional and Jumbo loans available in all licensed states.

Multi-State Loan Availability

Licensed to serve clients in NYC/NY, NJ, PA, CT, Maryland, Ohio, & GA. FHA, VA, Conventional and Jumbo loan programs available with competitive rates and flexible down payment options in all licensed states.

Calculate Your Monthly Payment

Enter your target home price for rate calculation

FHA 30-Year Fixed

3.5% down payment

Interest Rate:6.75%
APR:6.95%
Loan Limit:Up to $1,149,825

Your Estimated Payment

Monthly Payment

$2,598/mo*

Principal & Interest:$2,598
Property Tax (est.):$1,458/mo
Insurance (est.):$125/mo
PMI (if applicable):$285/mo
Total Monthly:$4,466/mo*

*Payment examples based on $850,000 loan amount. Actual payments will vary based on your specific situation, credit score, down payment, and current market conditions. Property taxes vary by state and local area.

Multi-State Tax Rates

Property tax rates vary by state: NJ (~2.2%), NY (~1.4%), PA (~1.5%), CT (~2.1%), MD (~1.1%), OH (~1.6%), GA (~0.9%).

Market Coverage

Serving all price ranges across our licensed states. First-time buyer programs and luxury home financing available.

Down Payment Programs

State DPA programs available across all licensed states. FHA 3.5% down, VA 0% down for veterans.

Lock In Your Rate Today

Rates change daily. Get pre-approved now to secure your rate in any of our licensed states: NYC/NY, NJ, PA, CT, Maryland, Ohio, & GA.

Your Franklin Lakes Mortgage Expert

With local expertise and competitive rates, we make buying in Franklin Lakes simple and stress-free.

NMLS #1577754 | Serving Franklin Lakes and all of Bergen County