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At a glance

NMLS: 409701

Editor's take

Garden State Home Loans doesn’t solely work with borrowers in New Jersey; it also lends in a handful of other states, including Florida, New York and Pennsylvania. While that limits who can work with this lender, if you’re in one of its operating states, Garden State can be a smart choice if you’re looking for dedicated service and competitive rates.

Bankrate Score

5.0

Bankrate Score

Customer Rating

5.0

287 ratings

Loans offered

Conventional, jumbo, FHA, VA, USDA, refinancing and more

Min. credit score required

640 for conventional loans

Nationwide availability

Connecticut, Delaware, Florida, Massachusetts, Maryland, Michigan, New Hampshire, New Jersey, New York, Pennsylvania and Virginia

Min. down payment

3% for conventional loans, 3.5% for FHA loans, none for VA loans or USDA loans

Recent customer reviews

The customer reviews posted on Bankrate.com ("Bankrate") are individual, subjective opinions of reviewers, and not of Bankrate. Bankrate does not endorse any of the opinions expressed by reviewers or any responses to reviews. Bankrate cannot guarantee or verify the accuracy of the opinions shared by individual reviewers, and reserves the right to reject or remove any review, at any time, for any reason at Bankrate’s sole discretion, including but not limited to those that Bankrate deems inappropriate, fraudulent, invalid, irrelevant, or otherwise outside the parameters of the Bankrate Review Guidelines, the Privacy Policy, or the Terms of Use.

Read 0 customer reviews for Garden State Home Loans

Garden State Home Loans overview

Garden State Home Loans is no longer in operation. You can compare current loan offers and rates from other lenders through Bankrate.

Pros and cons of Garden State Home Loans

Pros

Convenient online chat feature to connect with loan officers
Closings on purchases can happen faster than the industry average
A+ Better Business Bureau rating

Cons

Available primarily on the East Coast
Rates only available on sign-up

Lender compare

Compare Garden State Home Loans to other lenders

Mortgage rates and fees can vary widely across lenders. You can use the drop downs to explore beyond these lenders and find the best option for you.

Lender

NMLS: 409701

5.0

Bankrate Score

Bankrate's take

Garden State Home Loans doesn’t solely work with borrowers in New Jersey; it also lends in a handful of other states, including Florida, New York and Pennsylvania. While that limits who can work with this lender, if you’re in one of its operating states, Garden State can be a smart choice if you’re looking for dedicated service and competitive rates.

Loans offered

Conventional, jumbo, FHA, VA, USDA, refinancing and more

Min. credit score required

Nationwide availability

Connecticut, Delaware, Florida, Massachusetts, Maryland, Michigan, New Hampshire, New Jersey, New York, Pennsylvania and Virginia

Min. down payment

3% for conventional loans, 3.5% for FHA loans, none for VA loans or USDA loans

Recent Customer Reviews

5.0

287 reviews

Read full lender review

Lender

NMLS: 1429243

5.0

Bankrate Score

Bankrate's take

Morty is an online mortgage brokerage, so it offers access to a vast array of loan options to fit many needs. (As a broker, it only originates loans; it leaves the funding to its more than 20 lender partners.) The ideal borrower might be someone with a strong credit score looking for a conventional loan, or a jumbo loan up to $2 million.

Loans offered

Conventional, jumbo, FHA, VA, USDA, refinancing, and more

Min. credit score required

Nationwide availability

All U.S. states except Connecticut, Hawaii, Massachusetts, Missouri and Nevada

Min. down payment

3% for conventional loans, 3.5% for FHA loans, none for VA loans, none for USDA loans

Recent Customer Reviews

0.0

0 reviews

Read full lender review

To help you make the most informed decisions, our mortgage lender reviews team suggests an alternative mortgage lender for each lender reviewed. In most cases, this alternative 1.) shares the same strength (affordability, availability or borrower experience) as the lender reviewed; and 2.) rates highly for Bankrate Score. In the event more than one lender meets these standards, we suggest the one with the lowest APRs.

Refinancing with Garden State Home Loans

Garden State Home Loans offered rate-and-term and cash-out refinancing options. It is no longer in operation.

How to apply for a mortgage with Garden State Home Loans

You can no longer apply for a mortgage through Garden State Home Loans. Compare other mortgage lenders.

Learn more: How to get a mortgage

To determine a mortgage lender’s Bankrate Score, Bankrate rates lenders on a scale of one (1) to five (5) stars — with five (5) the highest rating — based on a variety of factors relating to the lender’s products and services. To assign our ratings, we assessed each mortgage lender across three core areas:
- Affordability: Annual percentage rate (APR) - 80%; assistance for first-time homebuyers - 10%; down payment - 10%
- Availability: Loan products - 50%; licensing - 40%; credit score - 10%
- Borrower experience: Rate transparency - 35%; customer service - 35%; convenience - 20%; rate locks - 10%; reputation (if applicable)
When a lender has entered a consent decree, been assessed a penalty in a case brought by a federal regulator or in a certified, federal class-action lawsuit, or received a federal judgment for harming mortgage borrowers within the past three years, we deduct one point for each penalty received from its total Bankrate Score.

Learn more about our methodology.