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Peter Traum at Rate (NMLS #12975)

5.0

About this business

Peter Traum is your Montville local lender. As a loan officer at Rate, one of the largest retail mortgage lenders in the United States, Peter is committed to helping homeowners with home purchase loans and refinances, while simplifying the mortgage process and making your home loan experience easy to navigate. Contact Peter at (973) 610-7642 for more information! 

Location details

350 Main Road, Suite 203, Montville, NJ, 07045, United States

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WeekdayScheduleStatus
Mon09:00 a.m. to 5:00 p.m.
Tue09:00 a.m. to 5:00 p.m.
Wed09:00 a.m. to 5:00 p.m.
Thu09:00 a.m. to 5:00 p.m.
Fri09:00 a.m. to 5:00 p.m.
SatClosed
SunClosed
5.0332 reviews
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Oscar P's profile image
Oscar P 
5 years ago

Peter Traum is the best in the business. Peter has, in many occasions, helped me and family members either secure a new mortgage, or refinance existing. Excellent customer service; takes time to listen and provides honest and well informed advise. Highly recommend Peter for your mortgage needs. 

Karene & Tom's profile image
Karene & Tom 
5 years ago

Peter and his team made our VA re-fi a very simple process. He explained the process and was available every step of the way from our initial phone call to closing. Almost everything was able to be done on-line or with a phone call . Our closing was done on our patio maintaining social distancing. Who would have thought that even a possibility. 

lesliemtruelove's profile image
lesliemtruelove 
5 years ago

Peter was wonderful through the whole process. He was always there when we needed him. Clarified everything and help us all the way through the end... 

Danes983's profile image
Danes983 
5 years ago

I am so happy with our choice to use Peter for our refinance. Usually the process is long, complicated and stressful, but working with Peter was the opposite. He was always available to answer questions and would spend extra time explaining when needed. My to-do list was easily handled because it was all online, which allowed me to make sure I didnt miss anything. The process went smooth and was completed as quickly as possible. We would only use Peter in the future! 

Business response:

Dana, thanks for the nice review. So glad i was able to help you guys get into a new mortgage with the best rate we've ever seen! Thanks for the opportunity to help again. 

Julio Villacis's profile image
Julio Villacis 
5 years ago

What can we say from the first call till the date of close service was top notch. Peter's skill and performance are very professional. He was available ALL the time and we definitely notice he was working for out best possible interest. We worked well together always managed our time wisely. All results may vary but he was able to get us a LOWER Rate right before our closing witch made the overall experience even better. He was very dedicated to our needs and compassionate to our wants he was able to deliver both! Thank you ... read more

Business response:

Julio thank you for the kind words. You made my day. Wishing you and your family all the best and many happy years in your new home! 

MandyT151's profile image
MandyT151 
5 years ago

We just closed on our home and Peter is amazing! We were in "love it or list it" mode for over two years, looking at homes, debating on doing an addition and changing our minds a million times. He was there for us each step of the way. He's very patient, answers every question, and returns calls and emails quickly. When we found our dream home, he made sure we got the best possible rate and checked in with us daily in the week leading up to the closing and after as well. Moving during this pandemic was really stressful but P... read more

Business response:

Mandy thanks so much for the nice review. I really appreciate it. Wishing you guys many happy years and all the best of luck in your new home! 

rwgifford68's profile image
rwgifford68 
5 years ago

Peter Traum (Guaranteed Rate) has successfully guided us through two mortgage refinances and deserves the highest rating. Incredibly attentive and knowledgeable in his field, he leaves nothing to chance and gets the job done for you in the most timely and efficient way. He saved us significant money on each refinance and I would not consider using anyone else for this purpose. 

Business response:

Robert thanks very much for that nice review. It was my pleasure to help you once again. So glad it worked out well. Best of luck and stay well! 

Michael Bergamini's profile image
Michael Bergamini 
5 years ago

Peter helped guide us through a complex 3-family home mortgage and we cannot recommend him more. He expertly guided us through each step of the mortgage process, made sure to answer all of our questions, and saw to it that we completed the necessary prerequisites to move the mortgage process along. Peter also proactively worked with us to secure rate lock at an opportune time and monitored the market for changes to ensure that we were truly getting the best rate possible. Most notably - he made himself available throughout t... read more

Business response:

Mike thanks for the nice words. I appreciate it. Wishing you guys many happy years in your new home and lots of luck. 

Becky's profile image
5 years ago

We had the pleasure of working with Peter Traum for our mortgage, not once but twice. He helped us purchase our dream home 2 years ago, was professional, efficient, held our hand throughout the process, and made sure we were able to close on time. As if that wasn't enough, we heard from Peter a few months ago when he informed us mortgage interest rates were low and advised us that refinancing was in our best interest. We took his advice and completed our refinance last week. He was able to find us a significant rate decrease... read more

Business response:

Becky thank you so much for your very kind words. Really appreciate it. Wishing you guys lots of luck and stay well! 

Frequently asked questions about Peter Traum at Rate (NMLS #12975)

How is Peter Traum at Rate (NMLS #12975) rated?

Peter Traum at Rate (NMLS #12975) has a 5 star rating with 332 reviews. 

When is Peter Traum at Rate (NMLS #12975) open?

Peter Traum at Rate (NMLS #12975) is closed now. It will open at 9:00 a.m.