South Jersey Mortgage Hub: Camden, Burlington and Gloucester Conforming Limits and Taxes
Updated October 2026
A Cherry Hill buyer comparing homes in Camden, Burlington, and Gloucester counties should begin with a consistent payment worksheet, not a countywide tax assumption. Similar purchase prices can produce different monthly obligations once municipal taxes, insurance, association dues, and the condition of an older property enter the calculation.
Use South Jersey's baseline correctly
For 2026, the one-unit conforming loan limit is $832,750 in these three counties. The $1,249,125 ceiling available in designated North and Central Jersey high-cost counties does not apply simply because the property is in New Jersey.
The limit measures the mortgage balance rather than the sale price. A $900,000 house with a 10% down payment produces an $810,000 loan, which is below the baseline ceiling. Whether that transaction qualifies still depends on the borrower's finances, mortgage insurance, property eligibility, and the selected program.
Use FHFA Loan Limits to verify county limits, then compare today's rates for the same down payment and loan type. FHA is another option, but its 2026 national floor of $541,287 should not be substituted for a county-specific FHA lookup.
Read taxes as a property-level expense
New Jersey tax bills are generally payable in February, May, August, and November. Mortgage escrow usually collects one-twelfth of the estimated annual bill monthly, together with applicable insurance reserves. Closing near a quarterly payment date can affect prepaid taxes, settlement adjustments, and the initial escrow deposit.
| Record | What it helps establish |
|---|---|
| Current municipal tax bill | Existing annual charge and installments |
| Assessment record | Taxable value and recorded improvements |
| Equalization ratio | Context for assessment levels, not a direct bill formula |
| Added-assessment information | Possible charges following new construction or improvements |
The New Jersey Division of Taxation provides property-tax and ANCHOR resources. An expected ANCHOR payment should not be deducted from the mortgage payment you must make each month.
Preserve closing cash and inspection options
Eligible first-time buyers can explore NJHMFA assistance of $10,000 to $15,000, with another $7,000 potentially available to qualifying first-generation buyers. Confirm eligibility and repayment or forgiveness terms before counting those funds as available cash.
Run the closing cost estimator with actual insurance quotes and municipal taxes. Leave room for inspections, including a buried oil tank sweep where prior heating history warrants investigation. The standard three-business-day attorney-review period for broker-prepared contracts is the time to align financing, inspection rights, and the proposed closing schedule.
Compare Current Mortgage Rates
Compare current APRs, points, fees, and estimated monthly payments from participating lenders below.
Loan Program Comparison: 2026 Benchmarks
South Jersey Mortgage Hub: Camden, Burlington and Gloucester Conforming Limits and Taxes — Choose a mortgage by comparing eligibility, upfront cash and total monthly costs, not the advertised rate alone. Conventional, FHA, VA and USDA serve different borrowers. Confirm county limits, taxes, insurance and lender requirements before comparing personalized Loan Estimates for your household.
Historical 2025 one-unit comparison: conforming $806,500; FHA floor $524,225. County and unit-count limits can differ.
| Loan program | Down payment / equity | 2026 one-unit baseline | Costs and page-specific comparison |
|---|---|---|---|
| Conventional | 3%–5% subject to eligibility | $832,750 | PMI generally below 20% down |
| FHA | 3.5% at 580+; 10% at 500–579 | $541,287 floor | 1.75% upfront MIP; 0.55% annual for >95% LTV, base loan ≤$726,200, term >15 years |
| VA | 0% for eligible borrowers | No VA limit with full entitlement | No monthly PMI; funding fee unless exempt |
| USDA | 0% for eligible borrowers | Income, address and repayment eligibility | Guarantee and annual fees; confirm current schedule |
| Jumbo | Lender-specific cash and reserves | Above applicable conforming limit | Lender-specific pricing and insurance |
| Home Equity / Refinance | Equity and underwriting dependent | Property and lender dependent | Compare closing costs, term and break-even |
Sources: FHFA limits; HUD FHA limits.
Editorial Methodology & Primary Sources
Verification date: Not recorded; check the primary source and lender timestamp before relying on an estimate.
Rate comparisons use participating lender feeds, not a whole-market survey or guaranteed offers. Freddie Mac PMMS is a market benchmark, not a personalized quote. Calculator models rely on published regulatory formulas and disclosed assumptions rather than fabricated first-person loan testing.
Monthly principal and interest use the amortization formula P × r / (1 − (1 + r)−n), where r is the monthly note rate and n is the number of payments; at zero interest use P / n. PITI adds monthly property taxes and homeowners insurance; PMI is separate. APR includes applicable finance charges under Regulation Z and is not the note rate used for payments. Compare lender Loan Estimates for actual APR and fees.
- Consumer Financial Protection Bureau (CFPB) — Loan Estimates, APR and borrower disclosures; Regulation Z.
- U.S. Department of Housing and Urban Development (HUD / FHA) — FHA program guidance.
- U.S. Department of Veterans Affairs (VA) — VA loan eligibility and benefits.
- Freddie Mac Primary Mortgage Market Survey (PMMS) — published rate benchmarks.
- U.S. Census state tax collections — state property tax benchmarks; confirm parcel-specific assessments and exemptions with the state revenue department and local assessor.
The payment snapshot uses illustrative annual taxes of 1% of home price, $1,200 insurance and 0.5% PMI below 20% down, not verified local quotes. Other calculators disclose their inputs and assumptions. Published guidance and lender feeds may change independently; confirm current program rules, taxes and offers before a decision.