Maywood NJ Mortgage Broker
Small-town charm with family-friendly living. FHA, VA, and Conventional home loans with expert guidance from CMG Home Loans.
Family-Friendly Small Town
Maywood embodies classic small-town living with a median home price of $565,000. This tight-knit community of ~9,900 residents offers the peace and safety families seek while maintaining convenient access to Bergen County amenities.
With property tax rates averaging 2.64%, Maywood provides excellent value for residential living. Route 17 and Route 4 access ensures easy commutes, while the town's quiet neighborhoods and strong community bonds create an ideal family environment.
B+/B-rated schools and a residential focus make Maywood perfect for families seeking a close-knit community, retirees wanting peaceful living, and anyone valuing small-town character over urban hustle.
Maywood Market Snapshot
Home Loan Programs for Maywood
Flexible financing options tailored to Maywood's residential market. NMLS #1577754
FHA Loans
Perfect for first-time buyers in Maywood. Just 3.5% down ($19,775 on median $565K 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 $19,775+ 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 ($16,950)
- ✓Remove PMI at 20% equity
- ✓30-year fixed at 6.40%
Jumbo Loans
For Maywood properties exceeding conforming loan limits or larger family homes.
- ✓Loans above $806,500
- ✓Competitive jumbo rates
- ✓Flexible qualification
Maywood Mortgage FAQs
What is the minimum down payment needed in Maywood NJ?
FHA loans require 3.5% down ($19,775 on $565K median home), VA loans 0% down for eligible veterans, Conventional loans 3-20% down ($16,950-$113,000 on median). First-time buyers often use FHA or Conventional 3% down programs.
How much are property taxes in Maywood NJ?
Maywood has an average property tax rate of 2.64%. On a $565K median home, expect approximately $14,916 annually ($1,243/month). This is slightly below the Bergen County average of 2.73%.
What makes Maywood attractive for homebuyers?
Maywood offers small-town charm with a median of $565K, family-friendly atmosphere in a community of ~9,900 residents, B+/B-rated schools, quiet residential neighborhoods, easy Route 17 and Route 4 access, and a strong sense of community.
What loan programs work best for Maywood 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 Maywood?
Get pre-approved for your Maywood home loan today. Expert guidance from Jimmy Joseph MBA, NMLS #1577754.