Lyndhurst NJ Mortgage Broker
Affordable homes near MetLife Stadium. FHA, VA, and Conventional home loans with expert guidance from CMG Home Loans.
Sports & Entertainment Hub
Lyndhurst combines affordability with entertainment proximity, offering a median home price of $525,000. This diverse community of ~22,000 residents enjoys easy access to MetLife Stadium, American Dream mall, and major entertainment venues.
With property tax rates averaging 2.71%, Lyndhurst provides excellent value for commuters. Route 3, NJ Turnpike access, and NJ Transit service make NYC commutes convenient, while the industrial/residential balance offers diverse employment opportunities.
B-rated schools and a multicultural community atmosphere make Lyndhurst ideal for first-time buyers, young professionals, and families seeking value near major sports and entertainment destinations.
Lyndhurst Market Snapshot
Home Loan Programs for Lyndhurst
Flexible financing options tailored to Lyndhurst's affordable market. NMLS #1577754
FHA Loans
Perfect for first-time buyers in Lyndhurst. Just 3.5% down ($18,375 on median $525K 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 $18,375+ 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 ($15,750)
- ✓Remove PMI at 20% equity
- ✓30-year fixed at 6.40%
Jumbo Loans
For Lyndhurst properties exceeding conforming loan limits or luxury homes.
- ✓Loans above $806,500
- ✓Competitive jumbo rates
- ✓Flexible qualification
Lyndhurst Mortgage FAQs
What is the minimum down payment needed in Lyndhurst NJ?
FHA loans require 3.5% down ($18,375 on $525K median home), VA loans 0% down for eligible veterans, Conventional loans 3-20% down ($15,750-$105,000 on median). First-time buyers often use FHA or Conventional 3% down programs.
How much are property taxes in Lyndhurst NJ?
Lyndhurst has an average property tax rate of 2.71%. On a $525K median home, expect approximately $14,228 annually ($1,186/month). This is near the Bergen County average of 2.73%.
What makes Lyndhurst attractive for homebuyers?
Lyndhurst offers affordable pricing at $525K median, proximity to MetLife Stadium and entertainment venues, a diverse community of ~22,000 residents, B-rated schools, excellent commuter access via Route 3 and NJ Transit, and industrial/residential balance.
What loan programs work best for Lyndhurst 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 Lyndhurst?
Get pre-approved for your Lyndhurst home loan today. Expert guidance from Jimmy Joseph MBA, NMLS #1577754.