North Arlington NJ Mortgage Broker
Affordable NYC commuter living with train access. FHA, VA, and Conventional home loans with expert guidance from CMG Home Loans.
Affordable NYC Commuter Hub
North Arlington combines affordability with excellent NYC access at a median home price of $525,000. This diverse community of ~16,000 residents offers train service to Hoboken (connecting to PATH for Manhattan), making it ideal for urban professionals.
With property tax rates averaging 2.83%, North Arlington balances commuter convenience with suburban living. Route 17, Route 3, and NJ Turnpike access provide multiple transit options, while local amenities and diverse dining reflect the town's multicultural character.
B-rated schools and urban convenience make North Arlington perfect for NYC commuters, first-time buyers seeking value, and families wanting suburban affordability with city access.
North Arlington Market Snapshot
Home Loan Programs for North Arlington
Flexible financing options tailored to North Arlington's commuter market. NMLS #1577754
FHA Loans
Perfect for first-time buyers in North Arlington. 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 North Arlington properties exceeding conforming loan limits or luxury homes.
- ✓Loans above $806,500
- ✓Competitive jumbo rates
- ✓Flexible qualification
North Arlington Mortgage FAQs
What is the minimum down payment needed in North Arlington 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 North Arlington NJ?
North Arlington has an average property tax rate of 2.83%. On a $525K median home, expect approximately $14,858 annually ($1,238/month). This is slightly above the Bergen County average of 2.73%.
What makes North Arlington attractive for homebuyers?
North Arlington offers affordable pricing at $525K median, excellent NYC commute access via NJ Transit (train to Hoboken then PATH), a diverse community of ~16,000 residents, B-rated schools, urban convenience, and proximity to MetLife Stadium and entertainment venues.
What loan programs work best for North Arlington 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 North Arlington?
Get pre-approved for your North Arlington home loan today. Expert guidance from Jimmy Joseph MBA, NMLS #1577754.