Paterson Mortgage Broker
Find a Paterson, New Jersey (NJ) mortgage broker. We have access to several Paterson mortgage lenders who are competing for your business. Let us do the shopping for you.
Paterson, New Jersey has a population of 149,222. Paterson is just a short 22 mile drive from New York City. The city is known for its many industrial businesses and strong public schooling system. The housing market has remained steady over the past several years. The median house value is $137,500.
New Jersey Loan Facts
- Non-Community Property State - Since New Jersey is a non-community property state, you do NOT need to include the liabilities of your spouse, when applying for a New Jersey mortgage, if you choose to leave them off of the loan.
- High Closing Cost State - HUD has determined certain states to be high closing cost states and others to be low closing cost states. New Jersey is classified as a high closing cost state due to higher priced title fees. If you are moving to New Jersey from another state, be aware of these costs.