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Financing Info for
Bergen County Homes
Never ever work with a mortgage
broker. A mortgage broker is NOT
a licensed mortgage banker.
Because the phrase mortgage broker
is like the word Kleenex, most
people do not understand the
difference but it is critical.
Anyone can become a mortgage
broker – no licensing and no
training required. Mortgage brokers
are not licensed mortgage banks.
Because they cannot protect your
interests as well as a licensed
mortgage bank, I will not work with
anyone who uses them.
No kidding – I will not work
for you if you do not use a licensed
mortgage bank. Your home loan is
that important.
And please be careful about
shopping for a loan through the
internet – if you create inquiries,
you can actually lower your credit
score. There are so many pitfalls.
Recently we’ve seen abuse with
home loans and sub prime loans are
not the only issues. I’ve met buyers
qualified without including property
taxes, home insurance etc. These
items add hundreds of dollars to
your monthly payment. Sometimes a
buyer would be qualified for the
entirely wrong loan - why would you
buy a home for 20 years with a 3
year adjustable?
None of the bankers below
participated in this nonsense and
all of them have done outstanding
work for me and my clients. You’re
free to choose whom you wish but why
not begin here?
Recommended Loan Officers
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