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!
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.
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.
North Arlington, NJ
The Keypoint Mortgage professionals specializes in finding the mortgage loan that best fits each clients’ needs. In addition, Keypoint Mortgage also assures clients of “less paperwork and more personal attention”.
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.
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.
Payless Mortgage Corporation has been in business since 1994 and has been growing since then to become a leader in the mortgage industry today. Payless Mortgage is also well known for being a source of financial solutions for complex problems.
Mortgage Plus Financial Group claims to be offering a wide variety of tools you can use to see what you can afford, your monthly payments and just about everything else needed to get the right loan. Mortgage Plus also offers assistance in buying a home.
AMS Mortgage is a full service mortgage broker with an experienced staff offering expertise in every area of mortgage lending. The company also claims to have access to a full range of mortgage sources throughout the area.
Aceltis Financial Group focuses on providing assistance in the search for a new mortgage. The staff has already helped hundreds of New Jersey residents over the past five years. Aceltis serves those who are first time home buyers or those who are looking to refinance a current property.
Rite Choice Mortgage was established in 2002 by Daniel Kennedy, CPA. Rite Choice Mortgage currently offers mortgage choices for clients’ purchase or refinance, as well as an information source.