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NJ Mortgage and Refinance Company Achieves Double Digit Growth in Challenging...

The credit crunch and consumer uncertainty combined with rising rates and fluctuating home prices to create a challenging climate for most mortgage bankers in 2007, according to Lawrence Montani, partner at Shrewsbury, NJ-based First Interstate Financial Corporation.

Team Montani was up for the challenge, reporting a 15% increase in the volume of loans closed for the year, says Montani. "Consumers are looking for guidance, especially in such a volatile financial market.

"By taking the time to learn more about each individual customer's circumstances -- whether they're faced with an adjustable rate that's about to reset, need to refinance (http://www.teammontani.com/index.php), paying for college, or the special needs of a senior homeowner -- we've developed a strong reputation for trust and reliability in an industry that's not generally known for either of those qualities."

As a nj mortgage (http://www.teammontani.com) banker rather than a broker, First Interstate Financial Corp. personally processes, approves and funds every loan. According to Montani, that gives his team a distinct edge over other lenders. "By doing it all in-house, we're able to offer a huge array of flexible loan products, plus the fast approvals and timely closings that will often give buyers a negotiating edge in a competitive market."

For nearly two decades, First Interstate Financial Corporation and Team Montani have led the way as one of New Jersey's most respected mortgage bankers, with more than 80% of its loans written for repeat customers and the friends and family they refer. Licensed in 15 states, Team Montani is known for its refreshingly different approach to mortgages -- combining experience with responsiveness to eliminate much of the stress generally associated with the mortgage process (http://www.teammontani.com/mortgage.php).

For more information, call (732) 389-9898, ext. 300, or visit www.teammontani.com (http://www.teammontani.com/index.php).

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