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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
5.0322 reviews
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christopherjamespete's profile image
christopherjamespete 
6 years ago

In 2012 my wife and I purchased our first home. Peter walked us thru ever step carefully and explained everything multiple times to us. We enjoyed his assistance and expertise so much that we came back to refinance through him in 2018. What stands out the most about Peter is he always answers the phone or calls back ASAP if unavailable. Never did we go to bed wondering, he always got us the answer as fast as humanly possible. 

Business response:

Thank you, guys. It was great to be able to help you again and you were so cooperative and responsive that you made my job really easy. Thank you for your loyalty. Stay in touch! 

Wilson Peralta's profile image
Wilson Peralta 
6 years ago

In our process to purchase our new house. We received the professional and kindly help of Peter Traum. He was always available to answer questions and help us with all the paperwork for the loan. He highly recommended Peter for all your loan needs. He has help other members of my family too and we are so grateful to him. 

Business response:

Wilson, It was really a pleasure to help you guys and I hope you enjoy your new home and your family has many happy years there! 

DCL's profile image
6 years ago

We have only the best things to say about our experience working with Peter Traum. He is professional, patient, responsive, experienced and very knowledgeable. Buying a home is a big deal and people are providing you with tons of information, Peter takes the time to explain it all and patiently answers your questions. Of all of the people that we worked with over the last several months, Peter was by far the best! We have only the highest of recommendations for him. 

Business response:

So happy to help you guys get into your first home! It was really a pleasure to help and I wish you many years of happiness there! 

user95747427's profile image
user95747427 
6 years ago

Peter and his staff helped me with my mortgage every step of the way! From start to finish and at closing. Peter was available any time of the day weekends nights even holidays for any questions I had. He helped me understand the importance of the process as well as helping me with documents needed to complete my loan. I highly recommend Guaranteed Rate! Thank you 

Thomas Corino's profile image
Thomas Corino 
6 years ago

We began working with Peter in November of 2017 prior to an open house visit. From that point forward to our 6/28/18 closing date, we were in and out of 3 contracts, and made bids on at least 3 other properties. Needless to say, Peter spent a significant amount of time with us. He was always very timely and accessible, as well as professional and helpful. It was very clear from the start that Peter has been in the business for a long time, and his experience was extremely useful as we navigated a housing market which was ver... read more

Business response:

Best of luck in your new home. It's great town and I know you will be happy there. You earned this after so many bumps along the way. All the best for many happy years there! 

Liz Wentworth's profile image
Liz Wentworth 
6 years ago

Peter and his team are top notch! They were extremely professional and thorough. Peter answered all of our questions in a timely manner and even found a mistake with my husband’s paycheck. He made us money! I highly recommend! 

Carrie's profile image
Carrie 
6 years ago

I am a repeat customer of Peter’s. He is very knowledgeable in different mortgage types and educated me on my options, and gave me his opinion on what he felt was the best choice for my situation but he always allowed the final decision to be mine. Peter was very attentive and always kept me updated on any changes or progress. I felt like I was his only client and I felt I could trust him. I was very happy with the service and product Peter provided and I would not hesitate in referring family and friends to Peter as I know ... read more

sarawonso's profile image
sarawonso 
6 years ago

I refinanced to reduce PMI on my property and Peter helped me to reduce PMI per month. I really appreciate his professional service. Now I am paying lower monthly mortgage payment. 

L Olson's profile image
L Olson 
6 years ago

It was a pleasure working with Peter! The mortgage process is daunting, and Peter took the time, at every turn, to explain and make sure I understood what was happening. From the start, he reviewed the process with a fine tooth comb, making sure I knew what to expect as I moved from phase to phase. From re-running numbers on the loan, advising on interest rates, reviewing the home appraisal report, staying on top of the players, he made sure all parts kept moving forward. I was working with a time constraint – a 3 week turna... read more

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 322 reviews. 

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

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