Spencer makes it easy to close on your home This unique mortgage program helps to assist you with the added costs associated with the mortgage closing process. Spencer makes this program available for those taking advantage of the following Spencer mortgages: HomeEnhancer, First-Time Homebuyer, HomeHelper, 10 Yr. and 15 Yr. Fixed, as well as all ARM mortgage products. Features include: • No application fee. • $500 minimum - $10,000 maximum. • Terms of loans are 1 year minimum to 10 years maximum. • Household income limitations apply. • This program is only available in Bergen, Essex, Morris, Passaic and Union counties. Services and products offered, as reflected on this Web site, may be changed from time to time without notice.