There has been a lot of talk recently, both good and bad about mortgage brokers. Mortgage lenders have been under a lot of scrutiny recently and legislation has been put in place (and more is in the works) to ensure that protects consumers.
Mortgage brokers can still be a good thing. They can do a lot of the hands on shopping for a home loan for you. So here we have a list of the brokers in the New Jersey area, (you can find not only mortgage lenders for the New Jersey area but anywhere else in the United States through our navigation!) so that you can start the shopping process. A good mortgage broker knows more about loans than a good banker will ever be able to get their hands on because they have a wider market. Their job is to shop dozens, sometimes hundreds of loans to find one that fits your needs.
First though see if you can see how much the mortgage broker is going to charge. Ask your New Jersey broker up front how they will be paid and see if you can get it in writing that they are working in your best interest, they may not be willing to do this but it can’t hurt to ask. Also, check with several of the mortgage lenders in New Jersey until you find one you feel comfortable with and that you can trust.
A good mortgage broker can save you endless hours applying and shopping for loans. You give them the information once and then they have to do all the shopping and so many of us are willing to pay the Mortgage brokers fee to save all those hours of comparison shopping.
If for some reason none of the New Jersey mortgage brokers resonate with you, don’t hesitate to check another city in the state, or even a different state if you want to. A lot of times they don’t have to be local to work for you and it is more important than anything else that you can trust your mortgage broker and are comfortable with them.
If you had an amazing experience with a New Jersey mortgage lender and you don’t see them on the list, drop us a line. We would love to hear about them and maybe even add them to our list. Don’t forget, America Top 10 is all about helping consumers find the best, through the opinions of other consumers!
Mortgage First Direct has over 10 years of combined experience in the mortgage industry. Mortgage First Direct specializes in government insured FHA Mortgages. The company’s slogan is “if we can’t get you approve for a mortgage, no one can”.
Springfield Township, NJ
Central Jersey Mortgage Corporation has been assisting individuals and families obtain residential mortgage financing since 1989. In addition, Central Jersey Mortgage also offers home mortgage loans with the best interest rates and lowest closing costs done properly.
Prospect Mortgage is known as one of the nation’s largest independent residential retail lenders. The company offers a variety of home loan solutions including first-time home buyer programs with down-payment assistance, FHA and VA, conventional, jumbo, and super jumbo.
First Alliance Home Mortgage offers a wide array of products, investment tools, and home mortgages. Their clients are also given the convenience of submitting an on-line, secure loan application or to pre-qualify for a home loan as well.
South Plainfield, NJ
Kwik Mortgage Corp. has already helped hundreds of families in buying a first home or refinancing a current loan. In addition, Kwik Mortgage Corp also provides assistance in customizing a mortgage to suit the client’s specific needs.
KJP Financial offers a variety of residential mortgage, commercial loan, and business finance services. KJP Financial also claims to have access to the most favorable terms available for each specific loan scenario.
Parallel Mortgage Corp. specializes in helping clients find the right mortgage product for their needs. Parallel Mortgage also offers a variety of products to meet the individual requirements of each client.
Sunquest Funding specializes in handling cases such as purchasing a new home, refinancing on an existing loan, divorce issues, and even family conveyances. The company’s financial experts also helps clients determine the most effective means to finance a home.
FBC Mortgage is an employee and community owned retail Mortgage Banker. FBC currently offers a wide range of mortgage products with expertise in every area of residential mortgage lending, from purchasing to refinancing to construction lending.
East Coast Mortgage Corp. claims to be employing the most advanced mortgage technology available today. The company’s expert mortgage staff focuses on mortgage processing and underwriting, as well as loan closing and funding.