Peter Edward Traum

Vice President Of Mortgage Lending

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Location:

250 Johnson Rd, Morris Plains, NJ 07950

Industry:

Financial Services

Work:

NJ Lenders Corp since Apr 2011
Mortgage Banker
1st Metropolitan Mortgage Oct 2005 - Mar 2011
Branch Manager
Champion Mortgage 1992 - 2004
Assistant Vice President

Education:

Skills:

Refinance
Mortgage Lending
Mortgage Banking
Loans
Fha
Loan Origination
Credit
Residential Mortgages
Finance
Sellers
Investment Properties
Real Estate Transactions
Reverse Mortgages
Va Loans
First Time Home Buyers
Government Loans
Fha Financing
Credit Analysis
Underwriting
Condos
Certified Mortgage Planning
Real Estate Financing
Sales Management
Home Equity Loans
Usda
Real Estate
Commercial Lending
Construction Loans
Commercial Mortgages
Short Sales
Banking
Residential Homes
Mortgage
Conventional
Customer Focused Service
Working With First Time Home Buyers
Purchase

Peter Traum, Montvale NJ Mortgage Banker

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Specialties:

Purchase Loan
Refinancing
Home Equity
Mortgage Planning

Work:

NJ Lenders Corp.
100 Paragon Drive, Suite 260, Montvale, NJ 07645
(973)9935858 (Office), (973)6107642 (Cell), (973)9939433 (Fax)

Description:

PETER IS A SENIOR LENDING OFFICER WITH NJ LENDERS CORP, A MORTGAGE BANKER AND DIRECT LENDER, AND HAS BEEN INVOLVED IN RESIDENTIAL LENDING FOR THE PAST 21 YEARS. HIS FOCUS IS LENDING TO INDIVIDUALS NEEDING FINANCING TO PURCHASE A HOME FOR A PRIMARY RESIDENCE, VACATION HOME OR INVESTMENT PROPERTY. IN ADDITION, NJ LENDERS MAKES LOANS FOR THOSE WISHING TO REFINANCE THEIR EXISTING MORTGAGE. PETER BEGAN HIS CAREER WITH CHAMPION MORTGAGE WHERE HE SPENT TWELVE YEARS IN VARIOUS ROLES. ULTIMATELY AS AN AVP HE OVERSAW A STAFF OF OVER 100 INDIVIDUALS REPONSIBLE FOR LOAN PRODUCTION OF $750MILLION PER YEAR. SEEKING A NEW CHALLENGE, PETER LEFT CHAMPION IN 2004 TO OPEN HIS OWN COMPANY WHICH HE RAN FOR 7 YEARS AS AN AFFILIATE OFFICE OF FIRST METROPOLITAN MORTGAGE. PETER'S CLIENTELE IS COMPOSED ENTIRELY OF PAST CLIENTS AND THOSE REFERRED BY OTHERS. HE WORKS DILIGENTLY TO CREATE A CUSTOM TAILORED LOAN PROGRAM FOR EACH INDIVIDUAL COUPLED WITH A STRESS FREE BORROWING EXPERIENCE. "ANYONE WHO MADE IT THROUGH THE LAST FIVE YEARS AND IS STILL INVOLVED IN LENDING OR REAL ESTATE HAS TO LOVE WHAT THEY DO. IT WAS TOO CHALLENGING TO STAY IN THIS BUSINESS FOR THE LAST FIVE YEARS UNLESS YOU HAD INCREDIBLE PASSION FOR YOUR WORK. I LOVE WHAT I DO AND I GENUINELY ENJOY HELPING MY CLIENTS PURCHASE THEIR NEW HOME. WHETHER IT'S A FIRST TIME HOME BUYER OR AN EMPTY NESTER, DOWNSIZING, THE JOY OF SEEING THEM GET THE KEYS TO THEIR NEW HOME IS STILL A THRILL FOR ME. FOR THAT REASON I ATTEND EVERY LOAN CLOSING TO WITNESS THAT MOMENT." I STRIVE TO CREATE AN EXPERIENCE THAT EACH CLIENT WILL CONSIDER THE EASIEST TIME THEY HAVE EVER HAD BORROWING MONEY. EDUCATING THE CLIENT IS A KEY COMPONENT OF MY APPROACH. WHEN A CLIENT UNDERSTANDS THE PROCESS AND THE LENDING METHODOLOGY IT MAKES THE WHOLE PROCESS MORE PLEASANT." -peter traum 2013-

Links:

Site
LinkedIn

Peter Traum, Morris Plains NJ Mortgage Professional

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Specialties:

Purchase Loan
Refinancing
Mortgage Planning
FHA
VA
Reverse

Work:

1st Metropolitan Mortgage
51 Gibraltar Drive, Suite 2A, Morris Plains, NJ 07950
(973)9935858 (Office), (973)6107642 (Cell), (973)9935858 (Fax)

Experience:

24 years

Links:

Peter Traum, Morris Plains NJ Branch Manager

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Specialties:

Purchase Loan
Refinancing
Home Equity
Mortgage Planning

Work:

1st Metropolitan Mortgage
51 Gibraltar Drive, Suite 2A, Morris Plains, NJ 07950
(973)9935858 (Office), (973)6107642 (Cell), (973)9939433 (Fax)

Experience:

22 years

Links: