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user_7019
NMLS: 12975
Contact Info

peter traum

NJ Lenders

T: (973) 993-5858
M: (973) 610-7642
Morris
County
and all of, NJ 07869

Rankings

#67

in New Jersey


based on site contributions
Endorsements
Thumbs up
6 endorsements
Endorse this Professional
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The lending environment is more challenging today than ever. Having an experienced professional to hold your hand and communicate with you daily is something you will really appreciate.


Please allow me the opportunity to put my twenty years of experience to work for you!


We offer programs which include FHA, Conventional FNMA and Freddie Mac, VA, Reverse Mortgages and special First Time Homebuyer's Programs. We also specialize in stated income programs for borrowers who otherwise would not qualify for a traditional loan.

Our goal is to custom tailor a unique loan program to each individual to perfectly meet their needs, while making the process fast, easy and pleasurable. We communicate thoroughly during the loan process to keep our customers informed and educated. Ultimately we want you to be so thrilled that you'll never want to call anyone else for your mortgage needs and you'll tell your friends to call us too!


Thank you.


Peter Traum
NMLS ID 12975


Contributions to Lender411
Answered Questions
Lender411.com: Reverse Mortgage Question, for my father... 17 days ago
Lender411.com: Help 23 days ago
Lender411.com: can i get a mortgage with no credit even though I make $8… Apr 21st 2012
Refinance: 203k Loan Question.... Apr 25th 2011
Refinance: Investment property mortgage refinance question Mar 23rd 2011
more...
Contacted consumers with following loan scenarios
Connecticut, Commercial, Good Credit, Amount: $700,000, LTV 89% 26 days ago
Connecticut, Commercial, Good Credit, Amount: $225,000, LTV 30% Mar 31st 2012
Connecticut, Commercial, Excellent Credit, Amount: $525,000, LTV 53% Mar 8th 2012
Pennsylvania, Commercial, Poor Credit, Amount: $200,000, LTV 95% Feb 11th 2012
Maryland, Commercial, Excellent Credit, Amount: $25,000, LTV 4% Jan 30th 2012
Easiest Closing Ever
I have refinanced several times with Peter. Before pulling the trigger this time, he was on the phone with me everyday to discuss the rates and the possiblity of lower rates to come. We ended up waiting about 2 weeks and then locked in the lowest rate we have seen since that day, on a 30 year fixed loan. He really went the exrra mile to make sure we were getting the best deal possible. He then followed up, almost daily, with updates on where my app was in the process, and made sure the appraisal and closing were scheduled at convenient times for us. He's a true professional.Thanks Peter!msilv
By hiho3p_770_688 on November 14, 2011
Good experience
Quickest to respond. Closed when I was told we would. Very easy - much easier than last time we did this with a big bank. He was easy to reach even at night and once even on Sunday. Very happy and would recommend Peter and his company. Thanks again for the great rate!
By jill99_685_851 on November 6, 2011
Endorsements? He allows profane language to be on his site?
I have never dealt with PT however it seems like he is able to remove certain reviews that may not be flattering to him or his business. But what's very ironic is that he would allow one to stay up that says things such as "pussy" and uses profanity. If I were a woman I would be highly offended and certainly would not allow my wife to use his services or those of his company. I guess you can see his true colors.As I stated, this is neither a negative or positive review of Traum - simply stating the facts. I'll go somewhere else.
By gojets_194_579 on October 9, 2011
Hiding something?
Where are the 5 bad reviews on mr Traum? He deletes the bad and keeps the good???? Does this sound like someone you want to trust your money and personal info with??????
By Kennan_920_544 on October 7, 2011
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