Fill out to form below and we’ll be in touch to set up an appointment at your convenience.

"Lawrence's outstanding service helps me and my clients. From the simplest mortgage to the most difficult loan, Lawrence has completed the task. He is a true professional."

Anthony DeGregorio Jr., CFP®

"Buying a home - the amount of time and money you're investing - can be scary. Nick breaks it all down into an easy and understandable format. He's very professional and upfront."

Jeremy Starkweather

"I've referred at least half a dozen co-workers and friends to Lawrence, and that says a lot. I think the world of Lawrence - his advice and insight is excellent."

Paul Hidar

"Nick's at the top of his game. Working with him and Team Montani made my first home-buying experience hassle free. I already recommended him to other family and friends."

Mike Devlin

"I'm a real estate investor, and I worked with Lawrence to buy an investment property. He came up with an idea that saved me a substantial amount of money."

Garrett Henderson

"My clients all love Nick Rosetti from Team Montani. He makes them feel like they're his only clients. He takes the time to speak with everyone and gets to know their situation. He really cares!"

Angela Georgalas, Realtor

"Nick Rosetti is the only mortgage professional I frequently recommend. My siblings, parents, and most of my friends have used or are using Nick."

Mike Emmert, Title Agent

"I was so impressed by Lawrence I knew there was no need to shop around. He's so knowledgeable, he's more like a financial advisor, helping you do or afford things you never dreamed were possible."

Paula Mako

"I refinanced my house and bought a vacation home in the last month. Working with Nick Rosetti was great! It was a complex situation, and he made me feel very comfortable."

Nicole Newman

"Nick is great. He keeps me up to date on the clients we have in common. He's quick to respond and always stays in communication."

Mary Alice Goss

Pre-Mortgage Credit Management

Home > Resources > Pre-Mortgage Credit Management

NJ Mortgage Lender Offers Solid Guidance On Pre-Mortgage Credit Management

If you’re applying for a mortgage, don’t max out your credit card accounts during the process. It may sound like obvious advice, but the majority of home buyers overlook how certain activities can impact their credit score, according to Lawrence Montani, leader at Team Montani.

“Overcharging is the fastest way to bring down your credit score as much as 50 to 100 points,” says Montani, a mortgage professional for more than 20 years. Along with over-charging, Montani offers potential homebuyers four useful tips for getting their credit in shape:

1. Don’t consolidate debt onto one or two credit cards. This makes it look like you are “maxed out” on certain cards. It’s better to hold off on any debt consolidation until after your closing.

2. Don’t apply for new credit. “Every time you have your credit score examined by a potential creditor, you lose points,” says Montani.

3. Avoid unnecessary activity that might be a “red flag” to creditors. Montani counsels clients to avoid opening new accounts, co-signing a loan, and even updating your name or address with the major credit bureaus. “The less activity on your reports throughout the loan process, the better,” he advises.

4. Do continue to use your credit as normally as possible. According to Montani, “If your regular patterns of credit usage change, it could negatively impact your FICO score.”

Clearly, buyers have to consider credit issues as early as possible if they’re thinking of buying a home or refinancing an existing loan.

The most important things to remember – before, during and after the loan application process – says Montani, is to manage your credit wisely, and check your credit reports at least once a year. “You should always have an idea of your credit score, because it’s the single most important factor that determines if you will qualify for a loan.”

Team Montani leads the way as one of New Jersey’s most respected mortgage bankers, with more than 80% of its loans written for repeat customers and the friends and family they refer. Team Montani is known for its refreshingly different approach to mortgages – combining experience with responsiveness to eliminate much of the stress generally associated with the mortgage process.