Little Ferry NJ Mortgage Broker
Affordable waterfront living on the Hackensack River. FHA, VA, and Conventional home loans with expert guidance from CMG Home Loans.
Affordable Waterfront Community
Little Ferry offers one of Bergen County's most accessible entry points to homeownership with a median home price of $545,000. This diverse community of ~11,000 residents sits along the scenic Hackensack River, providing waterfront access and recreational opportunities.
With property tax rates averaging 2.58% (below county average), Little Ferry combines affordability with convenience. Route 46 and Route 95 provide easy access to NYC, while the town maintains a welcoming community atmosphere.
B-rated schools and a diverse neighborhood make Little Ferry ideal for first-time buyers, young families, and those seeking value in Bergen County without sacrificing location.
Little Ferry Market Snapshot
Home Loan Programs for Little Ferry
Flexible financing options tailored to Little Ferry's affordable market. NMLS #1577754
FHA Loans
Perfect for first-time buyers in Little Ferry. Just 3.5% down ($19,075 on median $545K home).
- ✓Down payment as low as 3.5%
- ✓Credit scores from 580
- ✓Competitive 6.125% rates
VA Loans
Zero down payment for eligible veterans and service members. Save $19,075+ upfront.
- ✓0% down payment required
- ✓No mortgage insurance (PMI)
- ✓6.00% competitive rates
Conventional Loans
Flexible options with 3-20% down. Ideal for buyers with good credit seeking competitive rates.
- ✓As low as 3% down ($16,350)
- ✓Remove PMI at 20% equity
- ✓30-year fixed at 6.40%
Jumbo Loans
For Little Ferry properties exceeding conforming loan limits or luxury waterfront homes.
- ✓Loans above $806,500
- ✓Competitive jumbo rates
- ✓Flexible qualification
Little Ferry Mortgage FAQs
What is the minimum down payment needed in Little Ferry NJ?
FHA loans require 3.5% down ($19,075 on $545K median home), VA loans 0% down for eligible veterans, Conventional loans 3-20% down ($16,350-$109,000 on median). First-time buyers often use FHA or Conventional 3% down programs.
How much are property taxes in Little Ferry NJ?
Little Ferry has an average property tax rate of 2.58%. On a $545K median home, expect approximately $14,061 annually ($1,172/month). This is below the Bergen County average of 2.73%.
What makes Little Ferry attractive for homebuyers?
Little Ferry offers affordable entry-level pricing with a median of $545K, Hackensack River waterfront access, a diverse community of ~11,000 residents, B-rated schools, and convenient access to NYC via Route 46 and Route 95.
What loan programs work best for Little Ferry home purchases?
FHA loans are popular for first-time buyers (3.5% down), VA loans for veterans (0% down), Conventional loans for those with good credit (3-20% down), and Jumbo loans for properties exceeding conforming limits. Current rates: 30yr 6.40%, FHA 6.125%, VA 6.00%.
Ready to Buy in Little Ferry?
Get pre-approved for your Little Ferry home loan today. Expert guidance from Jimmy Joseph MBA, NMLS #1577754.