Martha McDonnell - Summit NJ Blog

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New Conforming Loan Amounts for High-Cost New Jersey Markets

Most national banks started offering the new conforming loan amount of $729,750 this week.
The following New Jersey counties are eligible:  Bergen, Essex, Hudson, Hunterdon, Middlesex, Monmouth, Morris, Ocean, Passaic, Somerset, Sussex, Union.
The rates being offered are slightly lower than jumbo and slightly higher than the conforming amount of $417,000.
As it stands, these loans are offered […]

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Welcome To Summit NJ

Hi and welcome to my new look, Summit-NJ.com website. For those of you who have been here before, you’ll notice a fresh new look to the entire website with great links to loads of information!
If this is your first time - then I welcome you to take a look around. If you’re looking to move […]

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