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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

 

Home Enhancer Mortgage

If the home you want to purchase needs repairs or remodeling, this special home mortgage loan may be the best choice for you. Spencer’s Home Enhancer mortgage allows you to purchase or refinance a property plus include in the loan amount the cost of making the repairs or improvements. Increase your borrowing power by basing your loan amount on your “after completion” value.

Home Enhancer Mortgage features:

  • Borrow Up To 30% of “Improved” Value
  • Fixed and Adjustable Products Available
  • Option to Roll Renovation/Permit Fees into Mortgage
  • No Income Limitations

Eligibility Requirements:

  • Property Must Be Located in Bergen, Essex, Hudson, Hunterdon, Mercer, Middlesex, Morris, Passaic, Somerset, Sussex or Union County
  • Owner-Occupied 1-4 Family Homes, Second Homes and Investment Properties Eligible. No Condominiums/Town Houses.

Apply Now

Today’s Rates

Contact Us Today

Jim Harilaou

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