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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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forst lisa 
8 years ago

As first time home buyers, my fiance and I did not know what we were in for. The previous building we were in had been bought which put us in a time sensitive situation. To add complication, the two of us are self employed. Peter sorted through all of our set backs and was even confident we would close on time. Luckily for us, he pulled it off. We are very happy with his service and are happy to be writing this from our new home! 

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mbattis91 
8 years ago

Peter, could not have been more on top of things. As a first time home buyer I was nervous/frightened/forgetful. Peter ensured everything got completed and was in my best interest. Whether it was completing documents, or making the "impossible" happen. If you want a smooth buying process, I highly recommend Peter. 

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zuser20141117095539821 
8 years ago

Peter made buying our first home the best experience it could have been. As young first time home buyers, we had no idea what we were doing and had no idea what to expect. Armed with horror stories from friends about other lending officers, I was having nightmares about underestimated closing costs and being talked into borrowing more than we could afford. From pre-qualification to after closing, Peter and his team were there to answer any question, at any time, and essentially hold my hand along the way. He helped us determ... read more

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aechalet 
8 years ago

Peter helped me close on a difficult case and get me a great loan on my dream home. Prospect Mortgage was there through all the steps of the process and made each phase as easy and manable as possible. I would highly recommend them to anyone, especially first home buyers who need trustworthy and supportive lenders. 

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gus339 
8 years ago

My wife and I were looking for a vacation home in Florida. Peter helped us with pre-qualification so we could get started building our new home. He stayed on top of things throughout the construction. Our goal was to close by the first of the year. Peter was instrumental in having the closing in NJ by December 30th, 2 days after the house was completed. Amazing job from beginning to end! 

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ChrisKooger 
8 years ago

All I can say is Peter is the man! I purchased a foreclosure and that can be difficult which some of you may know. We'll mine was and he was was there every step of the way. Peter had a answer or explanation for anything I through at him. I actually had to close twice in the same week due to the seller, and it was a 1st time anyone I was working with had to experience this. Peter and his team were there for me when I needed them most. If your looking for a bank to help you on the personal level like Peter helped me you won't... read more

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user955718044 
8 years ago

Peter was absolutely perfect! Couldn't have been any better! He was very patient, detailed oriented and thorough. Not only can he assist you with financial help, he is also a great resource for contractors, plumbers and accountants to name a few. 

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cashbox126 
8 years ago

After buying a home in 2008 and having a fairly difficult time dealing with lenders and realtors I swore I never wanted to go through the process again. Fast forward 8 years and its time to re-finance and I was dreading the process. Luckily I found Peter and he made the whole process super easy, fast and efficient. He was able to work with a slightly more complicated situation of buying out my ex. He answered all of my questions, was super responsive and moved things along quickly despite the fact that I'm a huge procrastina... read more

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ansky08 
8 years ago

Peter is one of the most responsive, informative, patient, and professional advisors I have ever worked with. He diligently answered all of my questions and helped me weigh my options in order to close timely and with a very competitive interest rate on my Fannie Mae Homestyle loan (similar to 203k). I am very glad I reached out to Prospect Mortgage and connected with Peter. Before I locked down on choosing Peter, I was struggling to find a mortgage lender that took the time to outline the renovation loan process for me - it... 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.