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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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jselenfriend 
7 years ago

Ive said it before but Im always a little surprised to remember that Peter has other clients because the service he gives makes you feel like he couldn't possibly be dealing with anyone but you. Ive worked with him on multiple properties for almost a decade and I have sent every home purchasing friend I have his way. Hes simply the best there is at this type of work wether its your first home or your dream home. 

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monelrp 
7 years ago

As stated in the title, Peter Traum is the real deal. It was my second time dealing with him on a mortgage refinance and as expected the service was exceptional. He always explained everything thoroughly. I like that he makes himself available to answer any questions after hours whether it is by text, email or phone call. I’d highly recommend using Peter as your lender. Trust me once you deal him once he will always be your primary choice. 

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krystal9789 
7 years ago

He was great and walked us through every step of the way. He explained everything very thoroughly of what we had to do until the very end. I highly recommend him to anyone that's buying a home for the first time. 

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ilawood25 
7 years ago

I had a great experience working with Peter. I had contacted him almost a year ago to review options for refinancing my home. Some personal things needed to fall in to place before I was ready to start the process, but he stayed with me until the time was right. He listened to my needs and worked hard to find the program that best fit my situation. The process was easy, well explained, and his follow up is outstanding. I will absolutely use Peter again - it was a pleasure to work with him! 

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widowmaker345 
7 years ago

Peter did a great job for me from star to finish. I was apprehensive about buying a home. I contacted Peter for an initial conversation regarding mortgages. He layed out all the options and explained the details in laymens terms. He made sure that I completely comprehended the parameters need to place me in an affordable home and mortgage. He was there from start to finish. Always returning calls, texts and emails in a timely manner. I found working with to be an excellent experience. I never felt tortured of pressured when ... read more

0dan0's profile image
7 years ago

I found that organizing all the steps and people needed to get a construction loan closed to be quite an undertaking. The smallest detail can add so much time to the effort. Peter was my champion through this process, he was able to answer all my questions and keep everything on track. We were very happy with him through the whole process. I highly recommend him. 

georgeanndauksis's profile image
georgeanndauksis 
7 years ago

Peter helped me refinance my house to eliminate a balloon payment due in 2025. He is very personable and I am going to say like a "mother hen". He guided me throughout. There was no confusion, no surprises. He called me at every step to make sure I understood everything and then he followed up. Personally, I cannot thank him enough. 

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danomcc35 
8 years ago

Peter's dedication and work ethic were extremely impressive when my wife and I recently worked with him to refinance our home. Not only was Peter available at any point for questions during our refinance process, he literally would monitor the rates multiple times a day for us to ensure my wife and I were getting the absolute best rate possible. Peter always let us know all the pros and cons throughout the process and with the different programs allowing us to make well informed decisions that would best suit our situation. ... read more

ladyfreckles21's profile image
ladyfreckles21 
8 years ago

Peter was very helpful during this whole process. It was clear we were his number one client. His thoroughness and since of urgency is the reason why our family is enjoying our new home! I have recommended him to all my friends and family. 

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.