Walter GormanSenior Loan Officer NMLS#: 138370
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NJ Lenders Corp. is pleased to announce that the Greater Bergen Association of REALTORS®, REALTORS® Care Foundation has recently declared that in 2018, they gave $67,000 in grant monies to 15 different organizations in Bergen County. The foundation has raised money annually to help provide support to those in need, and to help improve the quality of life in the communities where their members live and work.
“I am proud to be the president of the REALTORS® Care Foundations,” said 2018 CARE Foundation President Annekee Brahver-Keely. “We are an organization who grants money to those who need it the most. I promise to continue to look for more ways to fundraise and provide support to local organizations that share our passion to improve the communities where our members live and work.”
Since the start of the REALTORS® Care Foundation in 2015, they have awarded $215,800 worth of grants to 17 local non-profit organizations who provide food, clothing, ...
It wasn’t a sure thing but the Federal Reserve did in fact raise the Federal Funds rate today by 0.25 percent, which will affect interest rates for a variety of credit transactions such as credit cards and automobile loans while at the same time announcing there will no longer be any predictions regarding rate moves for the following year but did indicate two more rate increases are likely. The Fed Funds rate moved from 2.25 percent to 2.5 percent.
At the very beginning of 2018, Fed Chair Powell announced that we could expect four separate 0.25 percent rate increases by the end of 2018. So far there have been three such rate increases with the final one coming today. There was some change in expectations over the past few weeks whether or not the Fed would actually go through with the promise to make four rate bumps in 2018.
This came on the heels of recent Fed comments that the economy might not be ready for another rate increase and that it’s not a given. Specifically, he stated that rates are “just below” the range Fed officials consider “neutral.” A neutral rate is one that doesn’t stimulate the economy nor slow it down with higher cost funds. Further, Fed comments also indicate that rate increases in 2019 might slow down to only two.
The Federal Reserve’s Federal Open Market Committee, usually referred to as the FOMC, hold two day meetings about every six weeks and the last meeting of 2018 concluded today. One of the ...
NJ Lenders Corp. has recently been recognized as one of “New Jersey’s Top Mortgage Bankers and Brokers” by NJBIZ Lists, based upon 2017 total mortgage amount.
The company was ranked 3rd on the list, and 1st for New Jersey based lenders with 3,315 New Jersey loans, and a total mortgage amount of over $1.2 billion dollars.
“We are honored to be recognized as one of the state’s top lenders,” said Glenn Durr, President of NJ Lenders. “We are fortunate to have a group of seasoned professional loan officers and support staff that enable us to provide our client’s with great products and service.”
Founded in 1991, NJ Lenders now has 11 offices with 8 of them located in the Garden State including Little Falls, ...
As an expert in renovation financing, NJ Lenders Corp can assist those affected by navigating the process of rehabilitating your home quickly with various Financing Options.
Recently NJ Lenders’ neighbors in Little Falls, New Jersey have been severely impacted by storms and flash flooding in the area. As a local member of the business community since 1991, we’re here to help our friends in Little Falls rebuild their homes. As an expert in renovation financing, we can assist those affected by navigating the process of rehabilitating your home quickly.
In order to better help our community, NJ Lenders’ is offering a $2,000 credit towards closing costs for any local resident in need of a renovation loan.
They also have an opportunity to take advantage of our FHA 203K renovation loan program. This program provides funds for the renovation of a damaged home packaged into a mortgage loan. It can also help provide a ...
Visit NJ Lenders Corp. at booth #825 to vote for your favorite ‘retro’ candy and enter for a chance to win a $500 Amex gift card!
NJ Lenders Corp. is excited to announce our participation at the 2017 Realtors Triple Play Convention in Atlantic City, NJ December 5th & 6th. The Triple Play convention has helped bring Mortgage Brokers and Realtors together in an unmatched networking event.
As a premier year exhibitor, NJ Lenders Corp. will showcase our diverse and comprehensive capabilities that allows us to be one of NJ’s largest Retail Mortgage Bankers. But don’t let our name fool you! We are licensed in 7 states including New York, New Jersey, Pennsylvania, Connecticut, Virginia, Maryland, and Florida. Our mission is to produce competitive mortgage rates and fees while providing a level of service that exceeds expectations. With 26 years of experience, we are proud to serve over 60,000 homeowners.