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Veteran mortgage professional John Mondoro has joined Mortgage Network Inc., one of the largest independent mortgage lenders in the eastern U.S., as a sales manager. Mondoro will be responsible for managing sales and serving borrowers and homeowners throughout the New Jersey area. Mondoro brings 18-plus years of mortgage banking experience in the New Jersey area. Most recently, he served as a loan originator for Wells Fargo Home Mortgage in Flemingtown, N.J. Mondoro and his wife and three children have lived in Raritan Township, N.J. for 12 years.
“The experience and dedication of our mortgage professionals is the reason why we have so many happy borrowers,” said Ted Lawler, district sales manager of Mortgage Network. “Given John’s track record of service to borrowers and homeowners throughout New Jersey, we know he is a perfect fit for us and we’re thrilled to welcome him aboard.”
“Mortgage professionals who truly care about delivering excellent customer service want to work for a lender like Mortgage Network, which has an unassailable reputation in New Jersey for taking care of its borrowers,” Mondoro said. “I’m excited to be joining Mortgage Network and I look forward to continuing to serve my friends and neighbors with all their mortgage and refinancing needs.”
Mondoro added that the recovering New Jersey housing market and low interest rates spell opportunities for both buyers and sellers.
“Home prices are rising throughout the state, which means that more homeowners who were waiting to sell are finally able to make their move,” Mondoro said. “At the same time, low interest rates and an improving economy are allowing many first-time buyers to finally get a home of their own.”