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!
East Coast Capital Corporation offers their expertise in the residential lending industry. East Coast Capital Corp. was established in 1999 by Seth Fass, the company’s current President and sole shareholder.
First Hallmark Mortgage Corporation claims to be currently offering loan products that are more responsive to America’s present financial lifestyle. In addition, the company also specializes in research and development of advanced loan products.
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.
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.
American Royal Mortgage Corporation has been serving the lending needs of real estate professionals, builders, and individual home buyers for almost 20 years already. American Royal Mortgage also provides regulars loan updates and progress reports to clients.
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.
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.
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.
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.
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.