Jennifer DeGrezia-Alessio

Contact Information

Office Number: 973-467-7335
Mobile Number: 973-907-4801
Fax Number: 732-559-7850

Professional Information

NMLS Number: 91145

Biography

Jennifer Alessio has been in the mortgage business since 1994.  Throughout her tenure she has held positions in both management and loan origination.  Jennifer dedicates her time  serving referral business and past clients. Jennifer’s commitment to exceptional quality service separates her from the competition.

Investors Bank commitment to quality service and competitive loan products separates them from the competition. Investors Bank has a dedicated team of processors, underwriters and closers whose experience level is an average of 15 years. Investors Bank is a direct lender, with all loan processing being fulfilled in the Millburn, NJ location.

For additional information please contact Jennifer at the number listed above or email me at jalessio@investorsbank.com

Google Reviews
“We worked with Jennifer and Rebecca (as well as Nick) on our mortgage, and they were nothing short of spectacular. They helped us through the entire process, and they made sure that by the time our case went to the underwriter that there'd be no surprises. Sure enough, they got us through to the end. They really went above and beyond. One day Rebecca even stayed behind after hours in order to talk to us over the phone. She sacrificed her personal time to make sure that we were satisfied. It's almost a bit trite to say, but they really do make peoples' dreams come true! We definitely made the right decision coming here for our mortgage.”
-Jeff Benvenuto, 5 Stars

 
“This the second time I have worked with Jennifer Alessio and the level of service could not be any higher. Jennifer's advice, patience and knowledge through out the mortgage process was priceless.”
-Gary T, 5 Stars

 
“Working with Jennifer Alessio and her team at Investor's was a wonderful experience. Our refinance wasn't as straightforward as anticipated and they helped guide us through every step of the difficult process. When the time comes we need to refinance or purchase, we definitely plan to call Jennifer again.”
-Christine Carratello, 5 Stars

 
“Working with Jennifer Alessio has been such a wonderful experience. In every step of the process she demonstrates her abundant knowledge and her extremely compassionate support. The mortgage process can be so overwhelming, but here again, Jen makes each step understandable, comfortable and even fun! She's got great insights and tips, she knows her job and all the products she can offer, and she's got great resources. And just when you think she's answered all your questions, you'll get an email with a few more tips or some ideas she thought of after your meeting - which clearly shows her commitment to provide excellent service throughout the process and beyond. We're excited to work with Jen and Investors Bank for all our mortgage needs now and in future! Highly recommend!!!”
-Howard Stone & Cathleen Campbell, 5 Stars

 
“Coming from someone that knows very little about the mortgage industry, Jennifer Alessio was extremely informative, helpful, and knowledgeable during my refinance process. She answered all of my questions in a timely manner and made herself available whenever I needed her. I'm so glad that my family and I chose to begin this process with Investors Bank.”
-Kristen Johnson, 5 Stars

 
“I recently worked with Investors Bank and they were very professional, answered every question, and walked me through the whole process with great customer service. Jennifer and Rebecca are the best to work with and I would strongly recommend to anyone.”
-Yesenia Salazar, 5 Stars

 
“Jennifer Degrezia-Alesio was great to work with. I took longer than average to find that home and she was there to answer questions all along the way, and everything finished smooth. Definitely recommend Jennifer at Investors.!!”
-Mike Doninger, 5 Stars

 
“Jennifer Degrezia-Alessio was very professional and available throughout the loan vetting and securing process and I would recommend her to anyone who has a complicated set of financials.”
-Rehan Nazrali, 5 Stars

 
“Jennifer Degrezia Alessio was top notch. We have worked with her twice and have been very satisfied with her knowledge and responsiveness.”
-Maureen Mccann, 5 Stars

“Jennifer DeGrezia-Alessio is the best! She will get you the best deal available.”
-Guido Weber, 5 Stars

“Jennifer Alessio assisted me with the purchase of my home. She was informative, thorough and helped me navigate through the tricky process of getting approved to buy while selling at the same time. Thanks Jen!”
-Lucia Gagnon, 5 Stars

Zillow Reviews
“I recently refinanced my mortgages with Investors. Jennifer DeGrezia-Alessio was my loan officer, and she was excellent. I would highly recommend her to anyone seeking assistance with a new mortgage or a refinance. It was a pleasure working with her, and her knowledge of the process along with her responsiveness was the best I have experienced.”
-Tony Caivano, 5 Stars

 
“Jennifer and her staff did a fine job handling our mortgage for our home purchase. Each step of the process was conducted with the utmost professionalism and care. Communication was excellent and all of our questions were addressed properly. Highly recommended.”
-Mike H, 5 Stars

 
“I worked with Jennifer while I selling my house. Her on time and most appreciated assistance was extremely helpful since I was a first time seller. She was very responsive to all my questions. Where other banks failed to give accurate numbers and timely information, Jennifer was someone I could count on.”
-vlujano, 5 Stars

 
“Working with Jennifer is a pleasure. Highly responsive, knows her stuff, quite helpful and excellent follow through. You will be pleased with your decision to use Zillow and work with Jennifer.”
-Edyth Shapiro, 5 Stars
Program Interest Rate APR* Apply Link
15 Year Fixed Rate* (to $510,400) 2.75% 2.819% (0 points)
30 Year Fixed Rate* (to $510,400) 2.875% 2.928% (0 Points)
H.O.M.E. 30 Year Fixed Rate* 3.25% 3.303% (0 points)
15 Year Fixed Rate Jumbo Bi-Weekly* 2.75% 2.822% (0 points)
30 Year Fixed Rate Jumbo Bi-Weekly* 3.25% 3.287% (0 Points)

We offer first mortgage programs, for purchase or refinance, on 1 to 4 family properties. The home must be owner occupied as the owner's primary residence or true vacation home. Not all of our products are listed above - please call 855.446.9977 to learn about our many other options! 

As rates are subject to change at any time without notice, please contact an Investors Home Mortgage loan officer for the most updated rates. Website authorization by the New York State Department of Financial Services is pending. Until this website is authorized, no mortgage loan applications for properties located in New York will be accepted through this site. 

The Interest Rates, APR, and fees displayed may be adjusted based on several factors including, but not limited to, property location, loan amount, loan type, occupancy, property type, loan to value, debt to income ratios, FICO credit scores, and asset reserves. Certain conditions and restrictions may apply, not all products are guaranteed for your situation. All loans subject to credit approval and satisfactory appraisal. Bi-weekly loans require auto debit payments and payroll direct deposit into an Investors Bank checking account. For complete details on all of the products and offers on this page, see our Mortgage Disclosures or call us at 855.446.9977 for further information.

Published rates include incentives, where applicable, and are only offered on new loans. Incentives not available on expired rate locks. The incentive may change or be discontinued at any time and without notice. Rate shown is based on best pricing available, conventional or conforming rates of the products shown, and are assumptions for a borrower with excellent credit, verification of the value of your home, your credit score, and other considerations. Borrowers and properties must qualify under FNMA and Bank guidelines. Restrictions apply.

Annual Percentage Rate (APR)

APR: Annual Percentage Rate. All APRs and fees subject to change without notice.

  • Add 0.25% for all loans with a median credit score below 680 and loan to value/combined loan to value over 70%
  • Add 0.25% to the interest rate for loans over $2,000,000.
  • Add 0.125% to the interest rate for all New York Loans or 0.25% origination point to your closing costs, except co-op properties
  • Add 0.125% to the interest rate for all condominiums / attached PUDs over 75% LTV and FICO below 680
  • Add 0.125% to the interest rate for all condominiums/ attached PUDs (projects of 4 units or more) that are not 50% closed or under contract. These adjustments are cumulative.
  • No add on for all co-op loans up to 80% LTV/CLTV. Add 0.25% for 80.01%-90% LTV/CLTV
  • Add 0.125% to the interest rate for all 2-4 family properties

30 Year Fixed Rate Jumbo

This rate is for the 30-Year Bi-Weekly product only, and applies to single family primary residence home purchases. The 30 Year Bi-weekly rates listed above are only available for properties located in New Jersey and our defined lending areas within NY, PA, DE and CT. Rate quoted is for loan amounts above county FNMA limit to $1,500,000. Bi-weekly mortgage payments are available on 10, 15, 20 and 30 year fixed rate mortgages (other discounts may apply). Borrower(s) must have auto debit and payroll direct deposit into an Investors Bank checking account to be eligible for Bi-Weekly discount. Borrower(s) must meet the following criteria in order to be eligible for the rate shown.

  • 740 or above median credit score
  • 12 month reserves
  • Maximum LTV of 80% on balances up to $1,500,000. Maximum LTV of 75% on balances up to $2,000,000.
  • Maximum DTI 40% and LTV equal to or above 65%
  • Maximum DTI 43% and LTV below 65%
  • If all criteria is not met, interest rate subject to .375% add on
  • Refinance options available. Please call for options.

15 Year Fixed Rate Jumbo

This rate is for the 15-Year Bi-Weekly product only, and applies to single family primary residence home purchases.  The 15 Year Bi-weekly rates listed above are only available for properties located in New Jersey and our defined lending areas within NY, PA, and CT. Rate quoted is for loan amounts above county FNMA limit to $1,500,000. Bi-weekly mortgage payments are available on 10, 15, 20 and 30 year fixed rate mortgages (other discounts may apply). Borrower(s) must have auto debit and payroll direct deposit into an Investors Bank checking account to be eligible for Bi-Weekly discount. Borrower(s) must meet the following criteria in order to be eligible for the rate shown.

  • 740 or above median credit score
  • 12 month reserves
  • Maximum LTV of 80% on balances up to $1,500,000. Maximum LTV of 75% on balances up to $2,000,000.
  • Maximum DTI 40% and LTV equal to or above 65%
  • Maximum DTI 43% and LTV below 65%
  • If all criteria is not met, interest rate subject to .125% add on
  • Refinance options available. Please call for options.

15 Year Fixed Rate* (Mortgage Rewards)

Rates are based on single family home purchases (for loan amounts up to $510,400) with 20% down payment, or 80% loan to value. To be eligible to receive lender credit of $250.00 and the 0.125% rate discount an Investors Bank YourStyle Plus Checking Account with automated monthly transfers of the mortgage payment is required. Investors rate discount and closing cost credit require a minimum of $20,000 dollars balance prior to closing. This balance must be net of any funds we determine you will need for down payment and closing costs. YourStyle Plus Checking Fees may apply.  Investors Bank Relationship Pricing is available on FNMA conforming eligible loans only and subject to change without notice.  Speak to a branch representative for more details about the checking product.

30 Year Fixed Rate* (to $510,400)

Rates are based on single family home purchases with 25% down payment, or 75% loan to value.

30 Year Fixed Rate* (Mortgage Rewards)

Rates are based on single family home purchases (for loan amounts up to $510,400) with 25% down payment, or 75% loan to value. To be eligible to receive lender credit of $250.00 and the 0.125% rate discount an Investors Bank YourStyle Plus Checking Account with automated monthly transfers of the mortgage payment is required. Investors rate discount and closing cost credit require a minimum of $20,000 dollars balance prior to closing. This balance must be net of any funds we determine you will need for down payment and closing costs. YourStyle Plus Checking Fees may apply.  Investors Bank Relationship Pricing is available on FNMA conforming eligible loans only and subject to change without notice.  Speak to a branch representative for more details about the checking product.

5/1 ARM

Adjustable Rate Mortgages (ARMs) are variable and are subject to change after consummation. First rate change may occur after the borrower's 60th payment. ARM Payment Schedules are based on a loan amount of $100,000. Rates are based on single family primary home purchase.

7/1 ARM

Adjustable Rate Mortgages (ARMs) are variable and are subject to change after consummation. First rate change may occur after the borrower's 84th payment. ARM Payment Schedules are based on a loan amount of $100,000. Rates are based on single family primary home purchase. Rate quoted is for loan amounts above county FNMA limit to $1,500,000.

  • 740 or above median credit score
  • 12 month reserves
  • Maximum LTV of 80% on balances up to $1,500,000. Maximum LTV of 75% on balances up to $2,000,000.
  • Maximum DTI 40% and LTV equal to or above 65%
  • Maximum DTI 43% and LTV below 65%
  • If all criteria is not met, interest rate subject to .125% add on
  • Refinance options available. Please call for options.

H.O.M.E Product

Investors Bank offers an Affordable Mortgage Program available to borrowers who have low-to-moderate income. The program is available on 1-2 family, owner-occupied homes, condos, and co-ops for customers who meet low-to-moderate income limitations and/or who live in low-to-moderate income census tract areas in New Jersey and New York. For low-to-moderate census tract demographics, please visit www.FFIEC.gov. Homebuyer counseling required. Lender Paid Mortgage Insurance is only available on 1 family homes and condos. Refinance options available. Please call for options.

Loan Limits

Conforming Loan Amounts
See Fannie Mae Loan Limitations

Investors Bank Loan Limitations
Loans Up to $3 Million, restrictions and fees, and qualification requirements may apply.

Estimated Payment Calculator
Information and interactive calculators are made available to you as self-help tools for your independent use. We do not guarantee the accuracy of the calculators or their applicability to your circumstances. Please contact us for our most up-to-date rates.

Published rates include incentives, where applicable, and are only offered on new loans. Incentives not available on expired rate locks. The incentive may change or be discontinued at any time and without notice. Rate shown is based on best pricing available, conventional or conforming rates of the products shown, and are assumptions for a borrower with excellent credit, verification of the value of your home, your credit score, and other considerations. Borrowers and properties must qualify under FNMA and Bank guidelines. Restrictions apply.