Washington Township NJ
Mortgage Broker
Expert home loan guidance for Washington Township's suburban family community. FHA, VA, Conventional financing with excellent schools.
Why Choose Washington Township NJ
Washington Township is a peaceful Bergen County suburban community offering family-friendly neighborhoods with excellent schools. With a median home price of $675,000 and population of 9,100, Washington Township provides spacious residential living with strong community ties.
The township features well-maintained parks, recreation facilities, and community programs that foster neighborhood connections. Major highways including Routes 17 and 4 provide convenient access to Manhattan, Newark, and throughout northern New Jersey, while maintaining a quiet suburban atmosphere away from commercial corridors.
Washington Township Public Schools earn A-/B+ ratings with dedicated teachers and strong parent involvement. Property taxes at 2.48% (~$16,740/year on median home) are below Bergen County's average, making Washington Township attractive to families seeking quality education and suburban safety without premium pricing.
Washington Township Market Snapshot
Home Loan Programs for Washington Township
Flexible financing options designed for Washington Township families.
FHA Loans
Just 3.5% down ($23,625 on $675K median). Perfect for first-time Washington Township buyers.
- •3.5% down payment
- •580+ credit score
- •43% max DTI ratio
VA Loans
0% down payment for eligible veterans. No PMI required. Competitive rates.
- •$0 down payment
- •No PMI required
- •Military benefits
Conventional
As low as 3% down ($20,250 on median). Best rates for strong credit. PMI removable.
- •3-20% down payment
- •620+ credit score
- •Flexible options
Jumbo Loans
For homes exceeding $766,550. Competitive rates for luxury properties.
- •Loans over $766,550
- •Excellent credit needed
- •Luxury financing
Current Mortgage Rates in Washington Township NJ
Rates updated October 2025. Subject to credit approval and market conditions.
Washington Township NJ Mortgage FAQs
What is the minimum down payment needed in Washington Township NJ?
FHA loans require 3.5% down ($23,625 on $675K median home), VA loans 0% down for eligible veterans, Conventional loans 3-20% down ($20,250-$135,000 on median). First-time buyers often use FHA or Conventional 3% down programs.
What makes Washington Township NJ attractive to families?
Washington Township offers suburban residential neighborhoods, A-/B+ rated schools, parks and recreation facilities, family-friendly community with ~9,100 residents, and 2.48% property tax rate (~$16,740/year on median home). Quiet suburban living near major highways.
How do property taxes in Washington Township compare to Bergen County?
Washington Township has a 2.48% property tax rate, lower than Bergen County's 2.73% average. On a $675K median home, annual taxes are approximately $16,740. This provides good value for families seeking quality schools and suburban amenities.
What are current mortgage rates in Washington Township NJ?
Current rates (October 2025): 30-year fixed 6.40%, 15-year fixed 5.65%, FHA 6.125%, VA 6.00%. Actual rates vary based on credit score, down payment, loan amount, and property type. Contact CMG Home Loans NMLS #1577754 for personalized rate quotes.
Ready to Buy a Home in Washington Township NJ?
Get expert mortgage guidance from a Bergen County broker who understands Washington Township's suburban family market. NMLS #1577754.
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