Business Details
39 Years
experience
Trusted Mortgage Lending Services in River Edge, NJ
Founded in 1987, Approved Funding has dedicated itself to providing accessible mortgage solutions for homebuyers and homeowners. Initially established to address the lack of local mortgage resources, we have grown into a regional lender operating across multiple states. Our reputation is built on Service, Integrity, and Professionalism, supported by advanced technology that enables efficient loan processing and competitive pricing. With billions of dollars in closed transactions, we combine the authority of a large institution with the personalized approach of a local broker.Our team of experts focuses on tailored solutions, including specialized programs for non-traditional scenarios, while maintaining direct control over loan processing, underwriting, and funding. We prioritize customer satisfaction through transparent communication, streamlined decision-making, and a commitment to ethical practices. Our strategic partnerships and community involvement further reinforce our mission to deliver reliable mortgage banking services nationwide.
Services
Home Purchase Loans
Refinance Loans
FHA Mortgage Programs
Jumbo Mortgage Loans
Fixed Rate Mortgages
Adjustable Rate Mortgages
No Closing-Cost Refinance
Home Equity Lines of Credit
First Time Homebuyer Programs
Investment Property Loans
Details
- Year established: 1987
Highlights and features
- We have over three decades of experience in mortgage banking.
- Our team offers personalized solutions for non-traditional and complex scenarios.
- We maintain direct control over loan processing and underwriting.
- Our strategic partnerships enhance client service and referral networks.
- We prioritize transparency and ethical practices in all transactions.
What people say
Excellent Customer Service
Top notch and straightforward
Professionalism and efficiency
Quick closing process
Highly recommended
Services
Home Purchase Loans
Approved Funding provides tailored home purchase loans with competitive rates and flexible terms. Our direct lending approach ensures streamlined approvals for first-time buyers and seasoned homeowners. We specialize in navigating complex scenarios to secure financing that aligns with clients' financial goals.
Refinance Loans
Our refinance programs help clients reduce monthly payments, shorten loan terms, or access home equity. With options like no closing-cost refinancing, we simplify the process while maintaining transparency. We focus on maximizing savings without hidden fees or excessive documentation.
FHA Mortgage Programs
Approved Funding offers FHA-insured loans for buyers with lower down payments or credit challenges. These programs provide fixed or adjustable rates, making homeownership accessible. We guide clients through qualification requirements and ensure compliance with federal standards.
Jumbo Mortgage Loans
Our jumbo loan programs cater to high-value properties with loan amounts up to $10 million. We offer fixed or adjustable rates and flexible underwriting for luxury homes or investment properties. Custom solutions address unique financial profiles and property types.
Home Equity Lines of Credit
We provide home equity lines of credit for consolidating debt, funding renovations, or covering major expenses. These flexible financing options allow borrowers to access funds as needed while benefiting from competitive interest rates tied to property equity.
People
Shmuel Shmuel Shayowitz
President and Chief Lending Officer
Shmuel Shayowitz, NMLS#19871, has over 20 years of mortgage industry experience. As President of Approved Funding, he has facilitated $3+ billion in loans and earned recognition as a Certified Mortgage Advisor. He contributes to Forbes and CNBC, emphasizing education and community involvement.
Questions
What mortgage programs does Approved Funding offer?
We offer FHA loans, jumbo mortgages, refinance options, home equity lines, and specialized programs for non-traditional scenarios. Visit our website for details.
How can I get a mortgage rate quote?
Request a free, no-obligation rate quote online tailored to your financial situation and property type.
Does Approved Funding operate nationwide?
We are licensed in multiple states and provide services across the U.S., including New Jersey, New York, and Florida.
Can I apply for a mortgage online?
While applications require direct consultation, our website offers resources to start the process and connect with our team.
What sets Approved Funding apart from other lenders?
We combine the efficiency of a large institution with personalized service, direct loan control, and expertise in complex scenarios.
Are there career opportunities at Approved Funding?
Yes, we seek qualified professionals. Check our careers page for current openings in mortgage banking and related fields.
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