Financial Institution List

Central Jersey Housing Resource Center (908) 446-0036

(FOR INFORMATIONAL PURPOSES ONLY-PLEASE CONTACT BANKS FOR PREVAILING RATES/DATA)

All of these lenders are or have been financial contributors to the Central Jersey Housing Resource Center. You are not restricted to these financing options.
You can also check with credit unions, mortgage companies or government programs.
CJHRC has made every effort to provide you with the most current and accurate information. CJHRC cannot be held responsible for inaccurate, misinterpreted or outdated
information contained herein.
Special 1st
Time Down
Private Homebuyer Payment or
Financial Mortgage Phone Application Down FHA Additional
Mortgage Program or Closing Cost
Institution Rep. Number Fee Payment Product Information
Insurance Low/Mod Grant Offered
Income by Lender
Program
Can offer loans for
No application fee Yes Yes
Affinity deed restricted
James $300 - $500 appraisal fee 3% (can be a For loans with NJ Community
Federal 908- 860-7120 Yes Yes properties – must
Goodman $14 credit check fee – single gift or grant) loan to values Capital grant
Credit Union meet affordable
$25 credit check fee - joint over 80% fund
housing guidelines.
3%
(Can be a gift
No application fee Can offer loans for
Bank of or grant - No for certain
Michelle 908-565-3502 $505 appraisal fee Yes Yes Yes Mt. Laurel deed
America depends on programs
Brown $27.31 credit check restricted housing
program)

Caliber
Home Loan
No application fee 3% Yes Yes Can offer loans for
Inc Michelle
908-507-9545 $450 appraisal fee Can be a gift Yes Homepossible/ Homepossible/ Yes Mt. Laurel deed
(Nationwide Campbell
$22 credit check fee or grant Homeready Homeready restricted housing
Mortgage
Company
3%
(Can be a gift
Can offer loans for
Valerie No application fee or grant - Yes Yes
Chase 732-406-9514 Yes Yes Mt. Laurel deed
Molnar depends on Dream Maker Dream Maker
restricted housing
program)

Yes
Yes
$475 application fee; 3% Columbia Bank Can offer loans for
Columbia Jack For loans with Yes
551-266-0132 $425 - $625 appraisal fee; (cannot be a LOW FEE Yes Mt. Laurel deed
Bank Granger less than 20%
Credit check fee - $25.97 gift or grant) Purchase restricted housing
down
Program
2019 Front Office Originals--Financial Institution List.092619
 Special 1st
Time Down
Private Homebuyer Payment or
Financial Mortgage Phone Application Down FHA Additional
Mortgage Program or Closing Cost
Institution Rep. Number Fee Payment Product Information
Insurance Low/Mod Grant Offered
Income by Lender
Program

Can offer loans for

age restricted
Bill
$479 Application fee Yes properties (55+) _
Financial Panayote 908-210-6503
$395 and up-- Appraisal fee 0% For loans with Cannot offer loans
Resources Yes No Yes
$49 credit check fee (per Can be a gift less than 20% for Mt. Laurel
FCU Aaron 908-334-0504
person) don (low/mod) deed
Morse
restricted housing

Robert
973-945-6609 Yes
Davis No application fee 3%
Home Ready
$450 Appraisal fee (does not Can be a gift Can offer loans for
Fulton Bank and Home Yes
Dave include credit check) or grant No Yes Mt. Laurel deed
of NJ 412-953-7054 Buyers Fulton CCAP
Wilkinson $40 credit check fee (per restricted housing
Advantage
person)
Plus Program

Yes
$950 application fee; Yes Community Works
3% Yes Community
HSBC Bank $475 appraisal fee; For loans with Program is 3% down
(cannot be a First Home Works Yes
USA, N.A. Credit check fee - $17.16 (1 pp) less than 20% and 45% max DTI
gift or grant) Club Program
and $34.32 (2 pp) down

5%
Conventional Yes
Investors $195, credited back at closing. Yes Other programs
Kathy 3.5% FHA Yes First Home Yes –
Home 732-371-7305 (appraisal fee of $365, includes First Home available, please call
Schulhafer (can be a gift Club & Other 203K
Mortgage credit check fee) Club for more information
or grant) Discounts

0-5%,
$250 application fee depending on
Can offer loans for
Lillian $795 origination fee (does not program (can Depends on
M&T Bank 609-524-7162 Yes Yes Yes Mt. Laurel deed
Hernandez include appraisal fee) be a gift or program
restricted housing
$22 credit check fee per person grant)

5% Yes Yes
John
John Watts $400 application fee (3% can be a Yes Affordable Affordable
888-990-2265 Can offer loans for
($400-$425 appraisal fee which gift) (If putting Housing Housing
Magyar Bank x147 No Mt. Laurel deed
Fidan Bitic includes the credit check and 10% to avoid down less than Program Program
Fidan - restricted housing
flood certification) PMI 10%) Call for details Call for details
888-990-2265
x151
2019 Front Office Originals--Financial Institution List.092619
 Special 1st
Time Down
Private Homebuyer Payment or
Financial Mortgage Phone Application Down FHA Additional
Mortgage Program or Closing Cost
Institution Rep. Number Fee Payment Product Information
Insurance Low/Mod Grant Offered
Income by Lender
Program
Amy
Amy: (908) 12.5%
Sodowich-
458-4008 $300 application moderate/10%
Primary 12.5% for first time
Millington $475 appraisal low income
or No Yes Yes Yes home buyer (no
Bank MaryAnn: $25 credit check per person (can be a gift
MaryAnn PMI); call for details
(908) 458- $14 flood search or grant) no
Lopes-
4019 PMI on either
Secondary
5% with no Many programs
PMI available-varies by
Yes if 95%
(no limit on County—can offer
Peapack- $250.00 application LTV or below
Latosha gift; borrower loans for deed
Gladstone 908-470-3337 $350 appraisal fee 620 Fico score Yes Yes No
Taylor down payment restricted
Bank $16 credit check fee per required
waived if gift properties—call for
borrower
is 20% or additional details
more)

$899 application fee

Yes
$500 appraisal fee 3% Cannot offer loans
PNC David PNC Yes
$25.00 credit check fee (per Can be a gift No Yes for Mt. Laurel deed
Bank Silverman 908-581-6382 Community
applicant) or grant restricted housing
Mortgage

Rosa Ucci
609-681-5190 $850 application fee
The 5%
Appraisal fees vary Yes if less than No Contact Mary Beth
Bank of Mary Beth Can be a gift Yes No
609-454-0131 $90.00 credit check fee (joint) 20% down Gorecki for details
Princeton Gorecki or grant

The $350 application fee Can offer loans for

Provident $390appraisal fee 5% Yes Yes Yes No Mt. Laurel deed
Bank $38.20 credit check restricted housing
fee (joint)

Yes
Patricia Property must
$450 11% Cannot offer loans
Seeback or Yes fall within
Roselle Bank 908-245-1885 (includes appraisal and credit can be a gift or No No for Mt. Laurel deed
Angela designated
check) grant restricted housing
LaBua CRA lending
area

2019 Front Office Originals--Financial Institution List.092619

 Special 1st
Time Down
Private Homebuyer Payment or
Financial Mortgage Phone Application Down FHA Additional
Mortgage Program or Closing Cost
Institution Rep. Number Fee Payment Product Information
Insurance Low/Mod Grant Offered
Income by Lender
Program
Affordable Mortgage Program No Closing Cost/Down
No application fee The Affordable Payment assistance for
$500 Appraisal fee 3% Mortgage certain qualified
(201) 726- $34 Credit Check per person Yes and Trade borrowers.
Santander 1% can be a Program does
Paula Matias 2214 --------------------------------------- up buyer and Yes Yes Can offer loans for Mt.
Bank, NA Traditional Mortgage gift not require Laurel deed restricted
refinance
$399 application fee borrower paid housing
$375-550 Appraisal fee Mortgage Call for additional
$17.99 Credit Check per person Insurance details

$450 application fee 20%

Somerset Can offer loans for
732-560-1700 appraisal fee $300 - $400 75% can be a No
Savings Al Tobia No Yes No Mt. Laurel deed
(includes the credit check fee) gift or grant
Bank, SLA restricted housing

No application fee
Yes if less than Can offer loans for
Alicia 856-425-1330 $520 Appraisal Fee (includes 3%
TD Bank 20% down Yes No Yes Mt. Laurel deed
Augustin credit check fee)
restricted housing

3-5% for
Adriana
$100 fee covers appraisal, Community Yes-
Valley Edelman 201-874-8681 Can offer loans for
appraisal review, tax service Advantage Single
National No Yes Yes Mt. Laurel deed
fee, flood certification and Mortgage Family
Bank Cassandra 908-892-0756 restricted housing
credit report 2-4% can be a Only
Campbell
gift or grant

Yes –
No application fee Yes,
restrictions will
Wells Fargo $435-up Appraisal fee 3% USDA,
Vonetta need to be Call for additional
Home 732-221-1952 (depending on house value) (can be a gift No Yes FHA and
Hawkins reviewed to details
Mortgage $11.77 Credit Check Fee per or grant) VA loans
determine if
person available
they will lend

2019 Front Office Originals--Financial Institution List.092619