NMLS #2560393Licensed mortgage broker in New Jersey
Condo-heavy, transit-driven, and highly lender-specific — the county where project review decides deals.
Ai Remco LLC is a licensed mortgage broker based in Oldwick, New Jersey, in Tewksbury Township, serving borrowers throughout Hudson County, New Jersey.
Hudson County is the densest county in New Jersey, and its housing market is unlike anywhere else in the state. Jersey City and Hoboken are dominated by condominiums, from converted brownstones and warehouse lofts to new waterfront towers; Bayonne, Union City, West New York, North Bergen and Guttenberg carry a large share of the county's two-to-four unit buildings; Secaucus, Harrison and Kearny each behave as their own market.
Condominium project review is the single most consequential factor in Hudson financing. The building is underwritten alongside the borrower: reserve funding, the master insurance policy, the share of units held by investors, any litigation involving the association, and the amount of commercial space all feed the decision. Two buyers in the same building can get different answers from different lenders.
Transit access shapes value block by block. PATH stations at Grove Street, Exchange Place, Newport, Journal Square and Hoboken Terminal, the Hudson-Bergen Light Rail, and the ferry slips each anchor their own pricing. Appraisers work within tight geographic radii here, and a few blocks can change the comparable set entirely.
The county has a substantial investor and rental base, and short-term rental activity in parts of Jersey City has real financing consequences. A building with significant transient rental use, or with a high investor concentration, can fall outside agency warrantability and need portfolio or Non-QM financing instead.
Two-to-four unit buildings across Union City, West New York, North Bergen and Bayonne remain one of the more practical routes to ownership in the county, because rent from the other units can support qualification when the buyer occupies one. Documentation of existing rents, and the program's treatment of that income, drive how the file is structured.
Waterfront and low-lying areas carry flood exposure that is mapped address by address rather than by town. Where a property sits in a Special Flood Hazard Area, coverage is required, the premium counts in the qualifying payment, and elevation can change it materially. Many newer waterfront buildings were constructed with that in mind, which affects both insurance and the appraisal.
Most Hudson County files land in one of a few programs: Conventional loans in Hudson County, Non-QM and bank-statement loans in Hudson County and Jumbo loans in Hudson County. Business owners can start with a self-employed mortgage documented from returns or bank statements, and first-time buyers should read how New Jersey down payment assistance pairs with a first mortgage.
Loan limit figures published by the Federal Housing Finance Agency for 2026 — fhfa.gov conforming loan limits. Last reviewed 2026-09-05. For reference only.
Sources: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates; FHFA House Price Index, county annual, 2025; FEMA OpenFEMA, National Flood Insurance Program data, as of August 2026. Public estimates for the county as a whole, for general information only; they are not an appraisal, a tax figure for any property or a prediction.
Government and Freddie Mac data, updated as each source publishes.
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Sources: Consumer Financial Protection Bureau, HMDA data (loans originated); U.S. Census Bureau, Building Permits Survey; Freddie Mac House Price Index (FMHPI). Figures describe the past and are for general information only; they are not an appraisal, a forecast or an offer of credit.
PATH, Hudson-Bergen Light Rail and NY Waterway ferry service are the backbone of demand across the county.
Ai Remco LLC is based in Oldwick, NJ, in Tewksbury Township, and serves borrowers throughout Hudson County — we do not maintain a branch office in every county we serve.
Reserves, master insurance, investor concentration, litigation and commercial square footage are all reviewed. Standards differ by lender, so a building rejected once is not necessarily unfinanceable. Identify the project early.
High investor concentration, single-owner unit counts, active litigation or significant short-term rental use can put a project outside agency rules. Portfolio and Non-QM lenders review those buildings on their own criteria, with different terms and eligibility.
Transient rental use in a building affects warrantability and how a lender views the project, independent of how you intend to use your own unit. It is worth knowing the building's rental profile before you go under contract.
Owner-occupied multi-unit financing is widely used in Union City, West New York, North Bergen and Bayonne. How much of the existing rent counts, and what documents support it, depends on the program and on your occupancy.
Flood requirements are set by the mapped zone for the specific address. Where coverage is required, the premium is part of your qualifying payment, and an elevation certificate can change it. Our flood-map lookup shows the FEMA zone for an address.
In many Hudson buildings a parking space or storage unit is deeded separately or licensed rather than included. That affects the appraisal, the association dues used in qualifying, and occasionally the title work.
Municipal revaluations have moved Hudson County tax bills substantially in recent years. A seller's current bill can understate what a new owner pays, so we work from the current assessed figure rather than the listing.
In a newly built project, the share of units still owned by the developer affects agency eligibility until enough have closed. Early buyers in a new building sometimes need a different lender than later ones.
New Jersey property taxes are set at the municipal level and vary widely between neighboring towns, so two similarly priced homes can carry very different monthly payments. Lenders escrow taxes and insurance in most cases, which means the tax bill affects both the payment and the income you need to qualify. We use the actual assessed figure for the parcel rather than a county average, and any figure we quote before the tax collector's current bill is confirmed is an estimate.
New Jersey closings are attorney-review based on the contract side and involve title search, survey where required, recording fees and the state's realty transfer fee on a sale. Those third-party costs are set by the provider, the county clerk and the state — not by the broker — and appear on the Loan Estimate and Closing Disclosure the lender issues.
For a wage-earner file: recent pay stubs, the last two years of W-2s, two months of asset statements, photo identification and authorization to pull credit. Self-employed borrowers add business and personal returns, and in some cases business bank statements instead of returns. Retirement, Social Security, pension, rental, commission, bonus and overtime income each have their own documentation rule. Nothing on this list is unusual — the difference between a smooth file and a stalled one is usually how quickly it arrives.
The lender orders the appraisal from an independent appraiser; the broker cannot select or influence the appraiser or the value. The appraiser reports condition, comparable sales and, on government loans, whether the property meets minimum property requirements. If the value or the condition findings come back differently than expected, the options are a reconsideration of value with additional sales data, repairs, a renegotiation, or a different program — which is why property questions are worth raising before the offer.
Underwriting looks at the middle of three credit scores for each borrower and at the housing and total debt ratios. Installment payments, revolving minimums, student loans, child support and co-signed obligations count even when someone else pays them, while paying off a small balance the month before application can be the cheapest fix available. Guidelines and score requirements are set by the agency, investor or lender and change over time, so any number we mention is current guidance rather than a promise.
A rate lock protects a quoted price for a defined period tied to the expected closing date. Longer locks, new-construction locks and extensions have their own cost structures set by the wholesale lender. Pricing changes with the market throughout the day, so nothing is fixed until a lock is actually executed and confirmed in writing. We do not promise a rate, a cost or a closing date.
A refinance is worth reviewing when the goal is specific — a lower payment, a shorter term, dropping mortgage insurance once equity supports it, moving out of an adjustable structure, or pulling cash for repairs or debt consolidation. The comparison that matters is total cost over how long you actually expect to keep the loan, including closing costs, not the rate alone. We will tell you when the numbers do not support doing it.
Application, document upload, disclosures and status updates all happen electronically, with a licensed loan officer reachable by phone Monday through Friday, 9am to 8pm Eastern. Ai Remco LLC is based in Oldwick, New Jersey, in Tewksbury Township, and does not maintain branch offices in the counties it serves. Verify our license at nmlsconsumeraccess.org — NMLS #2560393.
Hudson County is a high-cost area for 2026: its one-unit conforming limit of $1,209,750 sits above the national baseline of $832,750. A loan up to that county limit is still conforming here, so buyers can finance more before jumbo credit, reserve and appraisal guidelines apply.
The standard path for warrantable condominium purchases countywide.
The usual answer for non-warrantable projects and self-employed borrowers.
Common on Hoboken and Jersey City waterfront purchases above conforming limits.
Used in Bayonne, Union City, West New York and North Bergen, including owner-occupied multi-unit purchases.
A large share of Hudson County purchases are first purchases.
Documented from returns or bank statements for the county's many independent professionals.
Used by owners who have held through the county's construction cycle.
The 2026 FHFA one-unit conforming loan limit in Hudson County is $1,209,750. Loan amounts at or below that figure follow conventional conforming guidelines; above it, the loan is a jumbo and is underwritten to the investor's own credit, reserve and appraisal requirements.
Often yes. Portfolio and Non-QM lenders review projects on their own criteria rather than agency warrantability rules, and buildings that fail one review regularly pass another. Terms and eligibility differ from conforming financing, and the file is still subject to credit approval, underwriting and appraisal.
Most often a high share of units held by investors, one owner holding too many units, inadequate reserve funding, insurance that falls short of guidelines, active litigation involving the association, significant commercial space, or substantial short-term rental activity in the building.
It depends on the mapped flood zone for the specific address, not on the town. Where a property sits in a FEMA Special Flood Hazard Area the lender requires coverage, and the premium counts toward your qualifying payment. Our flood-map tool shows the zone for an address.
Yes, and owner-occupied two-to-four unit purchases are common throughout the county's western towns. Part of the rent from the other unit may support qualification, depending on the program and on how the existing rents are documented.
It can. Separately deeded parking and storage affect the appraisal and sometimes the association dues counted in your qualifying payment, and they occasionally add title work. It is a detail worth confirming early rather than at closing.
It can, because agency guidelines look at how many units have closed and how much of the project the developer still owns. Early buyers in a new project sometimes need a lender that reviews the building differently. We check the project's current status before structuring the file.
All of them. Ai Remco LLC is licensed as a mortgage broker in New Jersey and works with borrowers anywhere in Hudson County, including municipalities not listed on this page. Files are handled remotely from Tewksbury, New Jersey — there is no Hudson County branch office.
For most wage-earner files: recent pay stubs, two years of W-2s, two months of asset statements, identification and credit authorization. Self-employed borrowers add tax returns or business bank statements. Additional items depend on the program and the property.
Yes. Taxes and insurance are part of the housing expense a lender counts, so a higher tax bill reduces the loan amount a given income supports. We use the parcel's actual assessed figure where available, and treat pre-closing figures as estimates.
We can price a scenario, but pricing changes with the market and nothing is fixed until a rate lock is executed in writing. Any figure discussed beforehand is an estimate, not a commitment to lend or a guarantee of terms.
Reach a licensed loan officer at (732) 561-4292 or info@airemco.com. Mon–Fri, 9am–8pm ET.
Ai Remco LLC · NMLS #2560393 · Licensed mortgage broker in New Jersey, Pennsylvania and Florida · 174 Lamington Rd #104, Oldwick, NJ 08858 · Equal Housing Opportunity. Nothing on this page is a commitment to lend or an offer of credit. All loans are subject to credit approval, underwriting and property appraisal, and program terms, loan limits and eligibility rules are set by the applicable agency or investor and can change. Verify our license at nmlsconsumeraccess.org.
Verified against public program guidance as of September 2026.
