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- monday: 8:00AM – 5:00PM
- tuesday: 8:00AM – 5:00PM
- wednesday: 8:00AM – 5:00PM
- thursday: 8:00AM – 5:00PM
- friday: 8:00AM – 5:00PM
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- Purchase
- Refinance
Randy Reay
- Loan Officer
- Rockaway, NJ Mortgage Loan Officer
- NMLS #110185
I’ll be with you every step of the way
Hi, my name is Randy, and I’m excited to help you open the doors to your dream home! As a dedicated loan officer at our Rockaway, NJ branch, I’m here to guide you through the homebuying process at America’s #1 Retail Mortgage Lender.
Coming from a whole different industry, I started in the mortgage business 34 years ago and have never looked back. I’ve been named Affiliate of the Year, traveled to different boards in New Jersey to present on FHA 203(k) programs, and have been very involved in the Somerset County and North Central Board of REALTORS® over the years.
I don’t sit with a time clock on. I’ll speak with you for as long as you want to make sure you’re informed and comfortable with the mortgage process. If you’re looking for personalized and honest service from the initial conversation to closing, I’m the one for you.
On a personal note, I’ve been married for 37 years with two daughters. We live in the Union County area. I love the Jersey Shore and sports, especially the Jets.
Randy’s testimonials
Guides and resources
My social posts
How much will my mortgage payment be?
This calculator is being provided for educational purposes only. The results are estimates based on information you provided and may not reflect CrossCountry Mortgage, LLC product terms. The information cannot be used by CrossCountry Mortgage, LLC to determine a customer’s eligibility for a specific product or service.
Inspiration for your home loan journey
Frequently asked questions
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Refinancing costs typically range from 2% to 6% of the loan amount and include fees such as appraisal, title insurance, and closing costs. Factors like your loan type, location, and credit score can significantly impact these expenses. Our team can help to provide strategies that can help minimize costs.
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To determine how much home you can afford, you’ll want to assess your financial situation. This includes your income, expenses, and debt-to-income ratio, to ensure your mortgage fits comfortably within your budget. A general guideline is to spend no more than 28% of your gross monthly income on housing costs and 36% on total debt.
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A good credit score typically starts at 620 for conventional loans, while FHA and VA loans may accept scores as low as 500, though higher scores offer better terms. A strong credit score can help you secure lower interest rates, saving you significant money over the life of a home loan.
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A Home Equity Line of Credit (HELOC) is a revolving line of credit that allows homeowners to borrow against the equity in their home. HELOCs function like a credit card, giving access to funds up to a set limit, which can be used for expenses like renovations or debt consolidation. You only pay interest on the amount you borrow, and the repayment terms typically include a draw period followed by a repayment period.
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To calculate your mortgage payments, start with your loan amount, interest rate, and loan term. Your payment will depend on the interest charged over time and the repayment schedule. You can use a monthly mortgage payment calculator or connect with us to learn more.