First Mortgages

Whether you’re buying your first home, moving up or downsizing, we’ve got a variety of low-interest programs to please. Our 24-Hour mortgage web center will help you determine how much home you can afford, show you current rates, and help you with Pre-approval. The great rates don’t stop there… we can also help you refinance?  Talk to one of our housing specialists about how we might be able to configure your loan payments online or over the phone.  Apply online or call our Real Estate Center at 800-880-0785 for more information.




Home Ready mortgage

Credit Union of New Jersey has partnered with Fannie Mae to offer HomeReady® Mortgage - an affordable, conventional home financing option for many moderate or low income borrowers and those purchasing homes in moderate or low income areas in New Jersey. 
Designed to help meet the needs of today's homebuyers, the benefits include:
  • Offering 3% down payment options.  First-time and repeat homebuyers can purchase a home with a down payment as low as 3% of the purchase price.
  • Supporting extended families.  For the first time, income from a household member who is not a borrower (i.e., they won't be on the mortgage) will be considered.  This means in multi-generational households, the income of children, grandparents, other extended family members and non-relatives may help buyers qualify for a HomeReady® Mortgage
  • Allowing co-borrower flexibility.  All borrowers do not have to reside in the property.  For example, parents, who won't be living in the home, can be co-borrowers on the loan to help their children qualify for a mortgage and purchase a home.  Income limits may apply.
  • Accepting additional income sources.  Rental payments may be considered as another allowable income source to help qualify a buyer (i.e., rental payments from a basement apartment). 


Credit Union of New Jersey has also partnered with home ownership counseling agencies to offer an affordable housing initiative that combines budgeting, homeownership, and credit counseling to help you get into your new home.  They are available to support your family every step of the way: from strengthening your credit score to closing on your home and maintaining financial stability throughout the life of your mortgage. 

Make an appointment with a mortgage counselor!


Home Match savings

We are here to help with the American Dream of Homewonership, which is why in addition to the Home Ready Mortgage, we also offer a way to save for your first home - Home Match Savings!  

If you deposit $1; we will depsosit $4


Start saving now while you look for your dream home:

  • Every $1 you save, Credit Union of New Jersey will match it with $4 (matching funds not to exceed $7,500)
  • 10-month and 18-month savings plans available
  • Recurring payments with direct deposit or payroll deduction help the savings add up quickly and easily! 

Call today to talk to one of our experts about the Home Match Savings - at 800-880-0785.


List of Mortgage Loan Originators (MLO) ID and Names for CUNJ:

300144  Andrew L. Jaeger
782952  Soma Sarkar  
412100  Robert Vuocolo  
135033  Christopher Hartsough   
412091  Frances Kellye Everton  
412080  Nancy Hertsch (Sabatino)
914399 Roy Angus
1426928 Heather Gallant
1427271  Shenice Palmer
For more information about the registry, please visit the NMLS at
Credit Union of New Jersey's NMLSR ID is 401368
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