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  Holiday Closing & Important Update
We will be closed on Saturday, July 4th in observance of Independence Day. For your convenience, account information can be accessed 24/7 through our online banking, mobile banking and telephone banking platforms. Normal business hours will resume on Monday, July 6th. Read More

Our financial centers are now reopened with regularly scheduled hours for lobby and drive-up service. Spencer customers will now have full access to the lobby area of all our financial centers. We understand there are still concerns when visiting public spaces, such as these. To ease such concerns we have implemented a number of new safety practices and protocols that you will notice upon visiting our financial centers, all of which are designed to ensure a safe and secure environment for everyone that visits our bank. Read More

 

Community Worker Mortgage

Spencer is proud to offer the Community Worker Mortgage, designed specifically for New Jersey healthcare/medical workers, police officers, firefighters, DPW workers, borough employees, teachers and others employed within the education system. This is our way of giving back to our communities, and helping you purchase or refinance the home of your dreams.

Community Worker Mortgage features:

  • Discounted Loan Rates
  • No Application Fee
  • Fixed and Adjustable Products Available
  • 10% Down Payment w/No PMI
  • Rate Discount w/Auto-Pay
  • No Income Limitations

Eligibility Requirements:

  • Employed in Bergen, Essex, Hudson, Hunterdon, Mercer, Middlesex, Morris, Passaic, Somerset, Sussex or Union County
  • To Qualify for Rate Discount, Monthly Mortgage Payment Must be Auto-Deducted from a Spencer deposit account
  • Applicant Must Meet Employment Guidelines
  • Owner-Occupied 1-2 Family Homes and Single Family Vacation Homes
  • Lender – Approved Condo Projects Eligible with 15% Down Payment

Apply Now

Today’s Rates

Contact Us Today!

Jim Harilaou

Mortgage Sales Representative
NMLS# 519891
1-201-703-3800 ext. 8336