MDE Home Loans Shrewsbury Ave, Tinton Falls

Using MDE Home Loans was the best decision I made in the home buying process. As a first time home buyer, I had a great experience. Everyone was knowledgeable and helpful throughout the whole process. I was amazed with how fast they would respond to my questions and how fast they processed my loan without any issues. Thank you MDE!

I had really horrible experience with James from MDE Homes. He was to give me an exceptional rate which beat all, many were surprised that he is going so low on the rates and asked me to beware of these types of lenders. 1 week to close, he called me and said the rates have gone up by 2% and i had not locked in on the rates. I sent him, his associates and everyone to lock in the rates months ago, and they confirmed that they had locked in. He said i had to look into a fine print in the document where he had specified the rates were not locked in. This was a clear case of False Statements, but i did not have time to pursue him with a lawsuit. I accepted that i was swindled by MDE to sign this, and looked for bigger profits. If you have to work with James, you will never know when and how you will be swindled.

I reached James as per a referral . Mr James Mason introduce himself as bank owner and promises for best rate , discount on closing costs and also on closing date. He listens to what we need and our financials and commits for rate , minimal amount for loan origination costs. We signed the loan application for the committed terms and locked the rate , but the pain starts now. when we asked for appraisal , they mentioned that is already ordered but 2 weeks later they realized it was not ordered. One day they say appraisal is not needed and next day they say it is required and it will be ordered a week before agreed closing. I have to do multiple calls , texts for updates on process. For my mortgage the rate changed , loan cost increased as we move near to the closing date. Yes my family second income removed from the loan due to various reasons but even after providing requested docs by James to offset second income , they were never considered or ignored. There is no proper attention to client and his situation. His team is not on same page and we need to share information to his associates. He never delivered what he committed or agreed during the loan application. I have done 5 to 6 mortgages with different lenders , but this is the worst experience i ever had. They ask for 100 different documents which are not even needed or cared by other lenders , suck your time , energy and cost your more for higher rates. For example , i was asked terms and conditions for a stock account to withdraw a balance? ( seriously? ) He immediately ( after a week of closing ) sold my loan to a different lender ( which is his business) but that is after charging hefty loan cost for the mortgage. No one involved in the closing ( my realtor team , attorney , title team) had good experience working with this MDE team. I would never recommend him for any homebuyer , you have lot of other options for example gnj loans (NJ) which are way better . I have done big mistake going to MDE with a referral.

Hector, Dave, and the whole team are very great to work with. They are our go to lender for our clients. They are always on top of all emails and quick to respond. They close loans and they close them on time. And they are always looking out for client's best interests. We can't recommend them enough!

Absolutely worst lender ever!! Would give them -3 if I could. Do Not pass Go, do not collect $200 no matter what they say or ‘promise’. Will be reporting them to Attorney General, BBB andNJ Banking and Finance that oversees lenders. 4 months, wasted appraisal fees ($945 and still trying to extract more!!!) with incorrectly ordered appraisals (thank God I’m knowledgeable, I feel sorry for borrowers who have no idea and are being led blindly along a dead end process with potentially huge lost opportunity costs!) They could have closed 3 refinances for me but obviously have a hidden, deceptive agenda. They should be ashamed of themselves given what I’ve read in other reviews!! Not 1 could they close… took another lender 30 days to close my loans that they couldn’t manage in 4 months time!!! Complete incompetence and worse than useless.

We had a very good experience with the MDE loans for our first home purchase. All our loan processing and getting things done for final closing takes little bit longer and going through a bit difficult process. It’s due to some other exceptional causes. At the time of hardest process for our home closing MDE did a tremendous job all staff members did a very good job. Appreciate sincere thanks and gratitude to James, Danielle, Hector, joseph Cherian and all staff member.

MDE has been a pleasure! The whole team was really invested in getting us to the closing table and worked with us to insure we were on track. Our loan was really complicated and after talking with so many other lenders - MDE made it happen even after a curve ball the day before closing. James and the whole team really do put the customers first and we really appreciate that. Thank you.

Very bad experience and almost fraudulent. They purposefully didn't disclose that my rate had changed until 3 days before the closing, although they knew about my rate change 3-4 weeks ago. Had I known about the rate change 3-4 weeks prior to closing, I would have explored other lenders. They even had me signed on a CD 5 days before closing and it had the rate we had locked almost 45 days go. I had to spend additional $3000 and didn't have a choice as builder wouldn't change the closing date. Also, the response I received was very rude and not the way to treat customers. I wouldn't recommend them OR use them in future.

David Dixon, Andrea Thomas and the rest of the team at MDE went above and beyond to secure VA home refinance. My refinance had many hurdles that was out of the control of MDE with the experience and expertise David and Andrea made sure everything went smoothly. I have worked with other mortgage companies in the past but these guys have definitely earned my trust for future business not only from myself but my friends and family. I highly recommend using MDE and their staff for any mortgage needs. They are truly fantastic.

Did not keep up the promise. I was told these will be given after the closing is done. 1. Refund on Appraisal fee. 2. Discount on closing costs. Also, so much hassle through out the process. its frustrating to deal. lockedin