Lakewood's housing market is characterized by a mix of older homes and new constructions, with a growing demand for single-family homes and condominiums. The median home price of $340,000 reflects the town's attractiveness to both local and out-of-state buyers. NMHL's local expertise helps borrowers navigate this competitive market and find the best mortgage options for their needs.

The town's diverse community and family-friendly atmosphere make it an ideal location for first-time homebuyers and families looking to upgrade. With NMHL's specialized mortgage programs, you can access competitive rates and personalized service to achieve your homeownership goals.

Lakewood is comprised of various neighborhoods, each with its unique character and charm. The downtown area is bustling with activity, featuring a mix of new shops, restaurants, and residential units. Other areas, such as those surrounding Lakewood Township High School, offer a more suburban feel with easy access to local amenities.

• The downtown area offers a vibrant mix of new constructions and renovated homes.
• Neighborhoods around Lakewood Township High School are popular among families.
• Residential communities surrounding the town's parks and recreational facilities provide a peaceful living environment.

At NMHL, we're committed to serving borrowers who may not fit the traditional mortgage mold. Our specialized programs cater to individuals with bad credit, self-employed borrowers, and veterans. We offer a range of loan options, including FHA, VA, USDA, and conventional loans, to ensure that everyone has access to homeownership.

Our Bad Credit Mortgage Program is designed to help borrowers with credit scores as low as 580 qualify for a mortgage. We also offer flexible income verification options for self-employed individuals and exclusive loan programs for veterans.

Lakewood homebuyers can benefit from several down payment assistance programs, making it easier to achieve homeownership. The New Jersey Housing and Mortgage Finance Agency (NJHMFA) offers programs like the Down Payment Assistance Program (DPA) and the Homeward Bound Program, which provide financial assistance to eligible buyers.

NMHL can help you navigate these programs and find the best fit for your needs. Our experienced loan officers will guide you through the application process and ensure that you receive the assistance you're eligible for.

The quality of local school districts can significantly impact home values in Lakewood. The Lakewood Township Public Schools district serves the area, with several schools receiving high ratings. Homes located within the boundaries of highly-rated schools tend to command higher prices and appreciate in value over time.

When searching for a home in Lakewood, it's essential to consider the local school district and its impact on property values. NMHL's local expertise can help you understand the nuances of the local real estate market and make informed decisions.