VICKI WU JOINS MORTGAGE NETWORK’S FLORHAM PARK, NJ BRANCH
New Jersey native has 15 years of local industry experience
DANVERS, MA – September 24, 2018 – Mortgage Network Inc., one of the largest independent mortgage lenders in the eastern U.S., is pleased to announce that Vicki Wu has joined the company as a sales manager and senior loan officer in its Florham Park, NJ branch, which does business as MNET Mortgage Corp.
Wu (NMLS# 202894) serves clients throughout New Jersey, mostly in Essex and Passaic counties. She has 15 years of mortgage experience serving this market, most recently as a mortgage banker at Eagle Home Mortgage in Cedar Knolls.
Wu grew up in Clifton, where she and her husband purchased their first home before moving to West Caldwell. She has a Bachelor of Arts degree from Fairleigh Dickinson University in Teaneck and a Graduate Certificate in Marketing from New York University. In her spare time Wu is the director of the Creative Women’s Collective (CWC) in Montclair, a non-profit that provides support, education and promotion for local artisans. She is also an Ambassador Leader for the North Jersey Chamber of Commerce.
“We are happy to have someone with Vicki’s track record and long experience serving the northern New Jersey area join our team,” said Michael Burke, Mortgage Network district manager.
Wu describes the local real estate market as extremely competitive. She says homes in easy commuting distance to New York City are in high demand but there aren’t enough properties available for sale.
“It continues to be a seller’s market,” she said, “with most homes attracting multiple offers. There is a lot of competition in the $400,000 to $600,000 price range. Buyers who find themselves losing bids in a multiple-offer market should consider looking at homes that require some vision and renovation,” she advises.
The best way to succeed in this market, Wu said, is to “be prepared. Know how much you can afford by getting pre-approved for a mortgage, which allows you to act quickly if you spot the home that is right for you. In competitive markets like ours, having pre-approval for a mortgage positions you as a serious buyer to sellers. Work with a professional who can guide you through the pre-approval and application for a mortgage and take the stress out of the process.”
Wu can be reached via email at vwu@MortgageNetwork.com or by phone at 973-865-5067. She can also be followed on LinkedIn at https://www.linkedin.com/in/vickiwu/.
Based in Danvers, Massachusetts, Mortgage Network is celebrating its 30th year in business this year. The company has now grown to over 400 employees, with 40 branch offices licensed in 27 states. The company provides a full array of residential mortgage products, from conventional and non-conventional loans to FHA and VA loans to mortgage refinances and reverse mortgages. Mortgage Network is more focused and agile than many larger competitors, which allows the company to provide a high level of service to its customers and its business and referral partners.
About Mortgage Network, Inc.
Mortgage Network, Inc. is one of the largest, privately held independent mortgage companies in the eastern U.S., with more than 40 branch offices and licenses in 27 states. The company offers a flexible menu of agency direct, portfolio and jumbo solutions and is backed by its proprietary, award-winning technology and a commitment to help mortgage professionals grow their business. Year after year, more than 98 percent of Mortgage Network customers and referral sources say they would recommend the company to family and friends. Based in Danvers, Massachusetts, Mortgage Network was founded in 1988 by Robert McInnes and can be found online at www.mortgagenetworkcareers.com and on Twitter at @MNETMortgage.com.
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