Find Mortgage Lenders Near You in Union, NJ
Looking for a mortgage lender in Union? Review the directory below to compare your options.
Important: Listings are compiled from publicly available sources and have not been independently verified by BeforeMortgageUSA.com. We do not endorse any broker or guarantee outcomes. Verify licensing and disciplinary status with the
State Mortgage Licensing Authority of New Jersey before hiring.
Showing 20 mortgage lenders in Union, NJ
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Mortgage lenders in Union, New Jersey help homebuyers and homeowners secure financing for home purchases or refinancing. New Jersey law requires lenders to be licensed by the New Jersey Department of Banking and Insurance. Union County offers first time homebuyer programs through local housing authorities that can assist with down payment assistance.
What Does a Mortgage Lender in Union Cost?
Typical costs for a mortgage in New Jersey include an origination fee of 0.5 to 1 percent of the loan amount, an appraisal fee of 400 to 700 dollars, and title insurance costs of 500 to 1,500 dollars. Closing costs in New Jersey generally range from 2 to 5 percent of the purchase price. Property taxes and homeowners insurance are paid separately. This is general information, not mortgage or financial advice.
* Cost estimates are general ranges based on publicly available data and compiled using automated research tools. Actual fees vary by agent and case complexity. This is not mortgage or financial advice — consult directly with an agent for fee specifics.
Frequently Asked Questions
What license do mortgage lenders need in New Jersey?
Mortgage lenders in New Jersey must hold a license from the New Jersey Department of Banking and Insurance. They must also register with the Nationwide Multistate Licensing System. This ensures they follow state regulations and consumer protections.
What is the typical timeline for a mortgage in New Jersey?
A typical mortgage process in New Jersey takes 30 to 45 days from application to closing. New Jersey law requires a three day right of rescission for refinances. Delays can occur if appraisals or title searches take longer.
Are there special mortgage programs for Union County residents?
Yes, Union County offers a Homebuyer Program with down payment assistance for eligible low and moderate income buyers. The New Jersey Housing and Mortgage Finance Agency also provides first time homebuyer loans and grants. These programs have income limits and require homebuyer education courses.