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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

Neighborhood Mortgage

Our Neighborhood Mortgage offers special discounts for the purchasing or refinancing of a property with a street address located in a pre-determined “Low or Moderate” income neighborhood. Save thousands of dollars over the life of your home mortgages loan thanks to an interest rate discount. Spencer is committed to helping borrowers fulfill their borrowing needs.

Neighborhood Mortgage features:

  • Discounted Loan Rates
  • No Application Fee
  • Fixed and Adjustable Products Available
  • 10% Down Payment w/No PMI (Owner-Occupied)
  • 20% Down Payment (Investment Properties)

Eligibility Requirements:

  • Property Must Be Located in Bergen, Essex, Hudson, Mercer, Middlesex, Morris, Passaic, Somerset or Union County
  • Location Limitations: Must be Located in Low to Moderate Income Geography in one of the above counties
  • Owner-Occupied 1-4 Family Homes and Investment Properties Eligible
  • 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