VA Loans in ParamusServing Those Who Served: $0 Down
Exclusive mortgage benefits for Bergen County veterans and active military. Purchase your Paramus home with zero down payment and no monthly PMI.
Your VA Benefits in Paramus
Zero Down Payment
Purchase any Paramus home with $0 down. While conventional buyers need $150,000+ down on a $750,000 home, VA buyers can finance 100% of the purchase price.
Savings Example:
$750K home = $0 down (VA)
vs $150K down (conventional)
No PMI Required
Save hundreds monthly with no private mortgage insurance. On a $750,000 loan, that's $400-500/month saved versus conventional loans with less than 20% down.
Monthly Savings:
VA: $0 PMI
Conventional: $450/month PMI
No Loan Limits
Bergen County veterans with full entitlement face no VA loan limits. Finance luxury homes in Paramus's premium neighborhoods without restrictions.
Property Options:
Single-family, condos, new construction
Assumable Loans
VA loans can be assumed by qualified buyers—a huge selling advantage if rates rise. Lock in today's rate and transfer it to future buyers.
Future Benefit:
Transfer your low rate to buyers
VA Loan Eligibility in Bergen County
VA loans honor your service with exclusive homebuying benefits. Most veterans, active-duty service members, and eligible spouses qualify for these powerful advantages.
Who Qualifies?
- Active duty service members (90+ days)
- Veterans with honorable discharge
- National Guard members (6+ years)
- Reserve members (6+ years)
- Surviving spouses (unremarried)
Service Requirements
Wartime Service:
90 days active duty
Peacetime Service:
181 days continuous active duty
Post-9/11 Service:
90 days with 30 continuous
Guard/Reserve:
6 years service or 90 days active
Certificate of Eligibility (COE):
We'll help obtain your COE directly from the VA, typically within minutes for most veterans. Have your DD-214 ready, or we can request it for you.
VA Loan Advantages in Paramus Market
| Feature | VA Loan | FHA | Conventional |
|---|---|---|---|
| Down Payment | 0% | 3.5% | 5-20% |
| PMI/MIP Required | Never | Always | If <20% down |
| Credit Flexibility | Very High | High | Moderate |
| Loan Limit (Bergen) | No Limit | $828,000 | $766,550 |
| Assumable | Yes | Yes | No |
| Funding Fee | 2.15%* | 1.75% | None |
| Best For | Veterans | First-Time | 20%+ Down |
Real Paramus Example:
$800,000 Home Purchase
VA Loan: $0 down, no PMI
Payment: $5,325/month
Conventional Alternative
20% down: $160,000 required
Payment: $4,260/month
VA loan keeps $160,000 in your pocket for renovations, investments, or emergency fund.
Your VA Loan Journey in Paramus
Get Your COE (Same Day)
We'll obtain your Certificate of Eligibility directly from the VA. Most veterans receive instant approval. Bring your DD-214 or we'll help request it.
VA Pre-Approval (24 Hours)
Submit financial documents for full VA underwriting. Receive a pre-approval letter showing your exact buying power in Bergen County's competitive market.
House Hunt with Confidence
Shop Paramus homes knowing you can offer with $0 down. Your pre-approval letter strengthens offers in multiple-bid situations common in Bergen County.
VA Appraisal (7-10 Days)
VA-certified appraiser ensures the home meets Minimum Property Requirements (MPRs) and values appropriately. Most well-maintained Paramus homes pass easily.
Clear to Close (Day 20-25)
Final underwriting approval and closing preparation. VA loans typically close in 30 days or less. We coordinate with local Paramus title companies.
Tip for Bergen County Market: In competitive situations, we can close VA loans in as fast as 21 days. Our local processing team knows Paramus's market dynamics and works efficiently with area listing agents who appreciate VA buyers.
Bergen County Veteran Resources
Local VA Offices
Bergen County Veterans Services
One Bergen County Plaza, Hackensack
201-336-6325
East Orange VA Medical Center
385 Tremont Ave, East Orange
973-676-1000
Property Tax Benefits
NJ Veterans Deduction
$250 annual property tax deduction
Disabled Veteran Exemption
100% disabled: Full property tax exemption
Why Veterans Choose Paramus:
- Proximity to VA facilities in East Orange and Lyons
- Strong veteran community in Bergen County
- Excellent schools for military families
- Easy NYC access for federal employment
- No sales tax shopping at Garden State Plaza
Ready to Use Your VA Benefits in Paramus?
Let's get your COE and start your homebuying journey with zero down
NMLS #1577754 | VA Approved Lender | Equal Housing Opportunity