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!
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.
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.
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.
South Plainfield, NJ
Alliance Mortgage specializes in providing a variety of products to meet the individual requirements of clients. Alliance Mortgage also focuses on securing a mortgage in a simple and straightforward process by offering the latest in financial tools at the same time.
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”.
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.
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.
Atlantic Financial Services has been a full service mortgage banker since 1984. In addition, Atlantic Financial offers a wide variety of products, such as FNMA/FHLMC conforming loans and high LTV 2nd mortgages.
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.
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.