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  Important Information
Financial Center Updates & Important Information Read More

Beginning Monday, March 15th the bank will resume full service status to our lobby areas with normal business hours. (No appointments are needed). Prior to visiting us, please check our “locations” section on the website for updated financial center accessibility. Financial Center Locations

We remain committed to do our part to ensure our community stays healthy during the COVID-19 pandemic. Spencer is creating a safe and secure environment for all who visit. Please take a few moments to review the safety protocols listed here prior to visiting us. 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