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  Important Information
Financial Center Updates & Important Information Read More

As the virus transmission rate continues to increase again in New Jersey, we’d like to inform you that we will be closing our lobbies to the general public effective Monday, December 7, 2020. If you need to conduct business inside one of our financial centers, you will be required to schedule an appointment.  However, we will be operating our drive-up facilities as normal.  Please see our revised hours of operation and financial center contact information. Financial Center Locations

Prior to visiting us, please check our “locations” section on the website for updated financial center accessibility.  We appreciate your patience as we do our part to protect you and our employees from the spread of COVID-19. Financial Center Locations

Learn about all the ways Spencer is creating a safe and secure environment. Read More

We continue to stay committed to you during this difficult period.  View an updated message from our Chairman and CEO. 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, Mercer, Middlesex, Morris, Passaic, Somerset 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