News


MORRISTOWN, NJ (PRWEB) DECEMBER 20, 2019 NJ Lenders Corp. is pleased to announce the addition of Loan Officer Stephanie Rizzuto  to our office located at 912 Mt. Kemble Ave., Morristown, NJ. Stephanie comes to us with over 10 years’ worth of experience and over $350 million in closed mortgages. She previously worked as a Branch Partner and Loan Originator for Absolute Home Mortgage Corp. in Morristown, NJ. Her hard work and dedication have earned her Morristown, NJ branch “Best of the Best” for 2014, 2015, 2017 and 2018 as featured in the Daily Record. Through her determination and drive, and level of service that goes above and beyond client expectations, she is here to help her clients every step of the way from beginning to end of the mortgage process – while making it stress-free and maybe even a little fun! When Stephanie is not working, you can find her indulging in snuggle time with her two children, Zoey and Ryan, exploring fun activities outdoors with her husband, Manny, and the occasional (okay frequent) retail therapy. “I am very excited for this next chapter in my career to work hand in hand with the elite group at NJ Lenders,” says Stephanie. Welcome to NJ Lenders Corp. Stephanie! TO READ FULL PRWEB PRESS RELEASE PLEASE CLICK HERE

LITTLE FALLS, N.J. (PRWEB) SEPTEMBER 29, 2019 Effective starting on October 15th, 2019, the Federal Housing Administration (FHA) has published a new condominium approval process  to help credit-worthy first-time buyers attain affordable and sustainable homeownership. The new rule will now allow certain individual condominium units to obtain FHA mortgage insurance , even if the condo project is not FHA approved. In the new Condominium Project Approval section of the Single Family Housing Policy Handbook, you can find the detailed revision and changes to the FHA condominium project approval policy. However, the main points of the FHA’s new rule include the following… A new single-unit approval process will now make it easier for individual condominium units to be eligible for FHA-insured financing The recertification requirement for approved condominium projects will now be extended from two to three years More mixed-use projects will now be eligible for FHA insurance The new FHA rule should substantially help eligible borrowers including first-time homebuyers , as well as seniors who may be looking to downsize. Based on this new policy, it is estimated that 20,000-60,000 condominium units could potentially become eligible for FHA-insured financing annually.

LITTLE FALLS, N.J. (PRWEB) SEPTEMBER 30, 2019 NJ Lenders Corp. is excited to announce and welcome Robert Gaccione  as our new Director of Commercial Lending . Gaccione brings 20 years-worth of commercial lending experience to NJ Lenders, and the company is excited to have his expertise. “I chose commercial lending so that I can help customers once they have bought their own home to now take a step further and possibly enhance their retirement with investment properties,” said Gaccione. “Maybe they will even have the opportunity to start their own businesses and be more entrepreneurial.” Gaccione, who specializes in loans from $500,000-$5,000,000, will help build a commercial division to enhance NJ Lenders, and will give the residential loan officers further assistance with their clients who have loans outside of the residential box. Furthermore, he’s hoping that will only solidify the residential loan officer’s relationship with their clients even more so. READ ENTIRE PRWEB PRESS RELEASE BY CLICKING HERE

LITTLE FALLS, N.J. (PRWEB) SEPTEMBER 18, 2019 The interns of NJ Lenders Corp. recently spent their time giving back to those in need. They all attended the Youth Consultation Services Foundation (YCS) in Hackensack , where NJ Lenders donated $1,000 worth of school supplies for kids with special needs. They also spent time with the children and threw them a pizza party and handed out ice cream. NJ Lenders is a part of the charity, where YCS provides services to thousands of New Jersey families who have children (birth to adulthood) with special needs. Some of the children in their group homes have been separated from their loved ones, and affected by different things like trauma, or intellectual or developmental disabilities. The YCS staff is incredible and offers individualized educational, mental health, and/or behavioral health programming to the children. NJ Lenders is proud to be a part of YCS, and is honored to be able to help in any way, and to put a smile on the kid’s faces. It was a great day for the interns, and one they are sure to always remember. READ FULL PRWEB PRESS RELEASE BY CLICKING HERE

Over 1,000 participants help raise funds for the Leukemia & Lymphoma Society charity. (PRWEB) AUGUST 07, 2019 On Tuesday, July 23rd, NJ Lenders Corp . participated in the annual Corporate FunRun New Jersey 5k  at McLoone’s Boathouse in West Orange, NJ. The event had over 1,000 attendees from different businesses and companies, and NJLC ranked 5th with the most participants. NJ Lenders was also a head sponsor for the evening to help increase company exposure and network with other leading companies in the local area. “The FunRun is something our company looks forward to every year, and our participation only grows every time we take part in it,” said Steve Grossman, Partner of NJ Lenders Corp. “Whether our employees decide to run, walk, or cheer their co-workers on, everyone has a great time.” The event was a 5k run/walk around the water at the South Mountain Recreation Complex in West Orange, and the post-race party included food, drinks, and music on the outdoor patio at McLoone’s Boathouse. There was also a DJ and a professional photographer provided that took team and individual photos that were free for all. The night ended with an awards ceremony for the fastest teams and individuals. At the end of the event, almost $3,000 were raised during the Corporate FunRun for the Leukemia & Lymphoma Society charity. TO READ FULL PRWEB PRESS RELEASE PLEASE CLCIK HERE

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