The Trenton housing market is characterized by a mix of old and new homes, with a range of prices to suit different budgets. The median home price in Trenton is around $215,000, making it an attractive option for first-time homebuyers and families. However, the market can be competitive, especially in popular neighborhoods like Chambersburg and Mill Hill. Our team at NMHL is familiar with the local market and can provide guidance on the best neighborhoods for your needs and budget.

Some of the key factors to consider when buying a home in Trenton include property taxes, which can be higher than in other parts of the country. However, the city's strong economy, driven by state government employment and a growing pharmaceutical industry, makes it an attractive option for homebuyers who want to put down roots in a stable community.

Trenton has a range of unique and vibrant neighborhoods to choose from, each with its own character and charm. Some of the most popular neighborhoods for homebuyers include:

• Chambersburg: Known for its historic homes and vibrant arts scene, Chambersburg is a popular choice for families and young professionals.
• Mill Hill: This historic neighborhood is home to a range of beautiful old homes, many of which have been lovingly restored.
• Downtown Trenton: The downtown area is experiencing a resurgence, with new restaurants, bars, and shops opening up all the time.

Our team at NMHL is familiar with the local market and can provide guidance on the best neighborhoods for your needs and budget.

Property taxes can be a significant factor in the cost of homeownership in Trenton. The average property tax rate in Trenton is around 2.40%, which is slightly higher than the national average. However, property taxes can vary depending on the location and value of the property. As a borrower, it's essential to factor property taxes into your mortgage payments and overall affordability.

At NMHL, we can help you understand how property taxes will impact your mortgage payments and provide guidance on how to navigate the tax landscape in Trenton. We'll work with you to determine how much you can afford and find a mortgage solution that fits your needs and budget.

With so many mortgage products available, it can be overwhelming to choose the right one. At NMHL, we offer a range of mortgage products and programs designed to meet the unique needs of homebuyers in Trenton. From conventional loans to FHA loans and VA loans, we have the expertise and resources to guide you through the process and find the best mortgage solution for your situation.

Our team of experienced mortgage professionals will work with you to determine how much you can afford, choose the right mortgage product, and navigate the application and underwriting process. We'll also provide guidance on down payment assistance programs and other resources available to homebuyers in Trenton.

Getting pre-approved for a mortgage is an essential step in the homebuying process. With a pre-approval from NMHL, you'll know exactly how much you can afford, and sellers will take your offer more seriously. Our pre-approval process is quick and easy, and we offer a range of mortgage products to fit your needs.

Plus, with our NMHL pre-approval, you can lock in your interest rate and avoid potential rate increases. Contact us today to learn more about our pre-approval process and to get started on your path to homeownership.

Down payment assistance programs can be a valuable resource for homebuyers in Trenton. The New Jersey Housing and Mortgage Finance Agency (NJHMFA) offers a range of programs, including the NJHMFA Down Payment Assistance Program, which provides up to $10,000 in assistance. Additionally, NMHL offers our own down payment assistance program, which can provide up to 3.5% of the purchase price.

Our experienced mortgage professionals can help you navigate these programs and find the one that's right for you. We'll work with you to determine how much you can afford and find a mortgage solution that fits your needs and budget.