Residential
Mortgages

(1) Affordable Mortgage Program available for Residential First Mortgage loans for owner-occupied primary 1 to 2-family residences for those in Hunterdon, Mercer, Middlesex, and Union counties in New Jersey and Richmond and Kings counties in New York and either: (a.) are purchasing or refinancing a home in a low or moderate-income (LMI) census tract OR (b.) whose income is less than 80% of the county median income.  Refer to the Income Chart or speak with a mortgage team member to learn more.  

(2) APR denotes "Annual Percentage Rate". Quoted rates and APR's based on a $400,000 loan amount, purchase/owner-occupied single family primary residence located in New Jersey, 25% down payment or 75% loan-to-value (LTV), and minimum credit score 740. Payments do not include real estate taxes,  insurance, or Private Mortgage Insurance (PMI) for down payments that are less than 20% of the purchase price, therefore actual payment obligations will be greater.  Quoted rates include a 60 day rate lock. Maximum loan amount for a conforming loan is $806,500. Properties must be located in the Northfield Bank NJ and NY Lending Territory (New Jersey Counties: all counties; New York Counties: Bronx, Kings, Manhattan, Nassau, Orange, Queens, Richmond, Rockland, Suffolk and Westchester.). Other terms and conditions may apply.                                              

All loans are subject to credit approval. 

Discount points are a one-time fee paid at closing to a lender in exchange for a lower interest rate. 

A Fixed Rate Mortgage is a mortgage that may have a fixed principal and interest payment up to a maximum of 30 years or 360 payments.                                                                                       

Rates and terms are current as 12/17/24 and are subject to change at anytime without prior notice.