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!
Richa Mortgage Co. claims to be offering exceptional services in the areas of residential and retail or commercial real estate, financing, and mortgage. Nayna Pratel established the company a decade ago.
Silex Financial is a full service mortgage broker with more than 20 years of extensive experience in the mortgage industry. The company specializes in finding the right lending institution, with the right deal, at the right price for each and every client.
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”.
West Caldwell, NJ
NRG Mortgage is owned and managed by Anthony LaBruzza, who has over 15 years of financial experience himself. Anthony LaBruzza specializes in trend analysis of markets and interest rates, which allows the client to obtain the lowest possible rates.
All American Mortgage claims to be offering the best rates and lowest fees in New Jersey. All American Mortgage utilizes their extensive experience and expertise to make the process of securing a mortgage simple and straightforward.
NorthStar Funding makes sure that all the required paperwork is submitted and the details of the loan are taken care of by trained specialists. Joe Pisa is the President and CEO of NorthStar Funding, Inc.
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.
Platinum Mortgage specializes in offering low interest rates with low closing costs on a home loan refinance or purchase. Platinum Mortgage also specializes in making the process of securing a mortgage simple and straightforward.
Empire State Mortgage specializes in providing home loans while providing the lowest interest rates and closing costs possible. Empire State Mortgage also claims to be assisting borrowers in overcoming roadblocks that can arise while securing a loan.
Florham Park, NJ
The Money Store has been in business for the past 40 years. The Money Store offers fusing leading edge technology, as well as their “common sense” lending approach with rates that are among the lowest in the country.