About Michael
With big dreams and even more determination, Advisors Mortgage Group, LLC was founded in October 1999 by a single loan officer in a 400 square foot office in Shrewsbury, New Jersey. In the years since its formation, Advisors has grown to serve not only the greater New Jersey area, but also a vast portion of the United States.
Our immense experience is our greatest asset and is the foundation of the success of the company and every Advisors branch and loan officer.
Licensed in NJ
Free guides from Michael
First-Time Buyer Guide
Why own, the 7-step path, the document checklist and the do’s and don’ts — read it here, no download.
Home Buyer Guide
Programs, paperwork and pitfalls — the full buying playbook.
Home Seller Guide
Selling and buying at the same time? Start here.
Where to find Michael
Michael works out of our Tinton Falls, NJ – Murcia office. Branch NMLS #2300185.
What clients say about Michael
140 client reviews
Verified client reviews via Experience.com
Mike and his team provided excellent service to me while assisting me in the mortage approval process.
Michael made the HELOC process smooth and straightforward from start to finish. He was knowledgeable, responsive, and took the time to answer all of my questions throughout the process. Communication was excellent, and he kept me informed every step of the way. The entire experience was much easier than I expected, and I felt confident knowing I had someone looking out for my best interests. I would highly recommend Michael and the team to anyone looking for financing or a HELOC. Thank you for helping me secure the funds needed for my home improvement project.
helpful when above and beyond to help us at the whole process, very friendly great customer service and help with everything
We had a wonderful experience working with Advisors Mortgage Group during our home loan process. From start to finish, the communication was outstanding. Mike Lamparillo consistently went above and beyond. He would personally call to check in and let us know he was still thinking of us, which made us feel valued and supported throughout the entire process. It truly felt like we were more than just another file on his desk. Shelley Lind was equally impressive. She was always incredibly prompt in responding to emails and kept everything moving smoothly. No question ever went unanswered, and her quick responses helped ease any stress we had along the way. Together, Mike and Shelley made what can often be a stressful process feel organized, clear, and manageable. We are so grateful for their professionalism, responsiveness, and genuine care. We would highly recommend Advisors Mortgage Group to anyone looking for a smooth and supportive mortgage experience!
Had a great experience, they got us an amazing refi offer and saved us a ton in the long run
N/a n/a n/a
Michael and Elizabeth were simply amazing! They took the time to walk us through the whole loan application process. I would reccoemnd anyone in the market in reaching out!
I had an amazing experience with this service! Michael was professional, attentive, and exceeded my expectations. He was always there for me whenever I needed assistance. I highly recommend them to anyone looking for quality and reliability.
When seeking a home mortgage. I cannot stress enough...go directly to Mike Lamparillo! The knowldge and efficiency of a seasoned professional, along with the tenacity of a champion athlete to see the process goes smoothly right through the close and into sudden victory if needed!
Very knowledgeable, reliable and respectful throughout the entire process.
They were amazing to deal with . Made everything so easy . Very professional
We had a truly great experience working with Michael and his mortgage team. We presented them with a challenging case, and not only were they able to help us navigate it successfully, but they did so with outstanding communication, thoroughness, and kindness every step of the way. We’re incredibly grateful for their support and would highly recommend them to anyone in need of a dedicated and capable mortgage team.
Michael and Norm Did a fanastic job at keeping me on track and giving me the best information to make decissions. They could not have made this process any easier and i Truly appreciate them for that.
Advisors was top notch right from the start. Mike really took his time explaining the process, and working with me to fulfill my needs, within my budget. He gave me great advice along the way, adding a very personable touch that you don’t find too often in his business. Elizabeth was also a great help, when it came down to what documents I needed to provide. She was very thorough and made things very simple and straightforward. Overall, Advisors was a great pleasure to work with, and I will definitely recommend them to anyone I know who is looking to buy a home in the future.
Very helpful throug all the proses of the refinance
The process went smooth staff very knowledgeable and infiormative
Michael and his team are very easy to deal with. This is my second mortgage using him, and each time was a great experience. He communicates with you Daily, and is very thorough in his work
Mike was a great resource in walking me through the home buying process.
I had A wonderful experience working with Mike and Peter. They answered all my questions and concerns, and walked me through the buying process. Anytime I called with questions, they went above and beyond to answer all my questions. They were available day and night. I would and have recommended them to friends and family. Peter Danko went out of his way to explain,and pick up paperwork from me. I am So grateful for all their hard work and dedication . Warm Regards, Rita Yocovelli
We had a rough time in this market getting a house . Every time I called Michael Lamparillo he picked up right away . Once we sat down with Mike and went over our paper work for pre approval the rest was easy for us . We put several bids on houses only to lose them to a higher bidder. Mike was motivational and kept our spirits high . I also would receive emails from Mike every week or so explaining the market and what the feds would likely do . With that weekly email explaining the situation on interest rates and how how’s are appreciating and declining in price was so helpful. Mike took the fear of buying a house and make it an amazing experience. We couldn’t have done this without Mike and Pete the perfect team . The group alone of people that Mike has worked with and the relationship he has with co workers is amazing. Thanks to Mike and his team our dream came true . Also with Mike he kept us in our budget and we felt confident.
Thanks for your service
Mike and Pete made a challenging process so smooth! My husband and I didn't know if we were ready to purchase a home and had many questions, and Mike and Pete walked us through every step of the way! We are so grateful!
Mike Lamparillo, guided me throughout the process. This was my first home purchase and a daunting task. He kept me focused, was always available, gave me great advice and tough love when needed. I would recommend his services to anyone in need of a mortgage broker.
Pete and Mike kept in touch during the process.
Very smooth process
Latest market updates
The latest PCE inflation report came in cooler than expected, giving both stocks and bonds a boost. Headline inflation rose just 0.3% for the month, while the year-over-year rate fell from 3.7% to 3.4%, better than forecasts. Core inflation, which excludes food and energy, increased only 0.2% and declined from 3.3% to 3.0% annually.
The softer inflation data could reduce pressure on the Federal Reserve to raise rates immediately. New York Fed President John Williams indicated there is no urgency to act following September’s rate hike, although he still expects another increase may be needed later this year.
One area of concern is consumer finances. The savings rate dropped from 4.6% to 4.1%, its lowest level in four years, suggesting consumers continue to spend while saving less.
The inflation report was encouraging for financial markets and showed meaningful progress toward lower inflation, which could help ease some of the upward pressure on interest rates if the trend continues.
Source: MBS Highway
The housing market is shifting in buyers’ favor as more homes become available and competition eases. Redfin reported that,“Sellers outnumbered buyers by 58% in August, the biggest gap in Redfin’s records, driven by a surge in listings and stagnant demand”.
This is the widest gap since Redfin began tracking in 2013. Also interesting is that housing supply reached its highest level in more than a decade, giving buyers more choices and negotiating power.
Affordability remains a challenge, with mortgage rates around 7% and the median existing-home price rising 1.6% year over year. Pending sales and mortgage applications have declined, as high costs and economic uncertainty keep some buyers on the sidelines. Many homeowners are also hesitant to trade their existing low mortgage rates for higher ones.
In some markets, homes are taking longer to sell, prompting sellers to adjust prices and increase marketing efforts. Buyers with substantial cash or home equity are especially well positioned, although the overall sales pace through August remained largely unchanged from last year.
For buyers who are financially ready, greater selection and less competition offer an encouraging opportunity to find a home that fits their needs and budget.
The Federal Reserve raised its benchmark interest rate by 0.25 percentage points, bringing the target range to 3.75%–4.00%. The Fed made the move because they feel that inflation remains elevated, while consumer spending, business investment and the labor market continue to show resilience. Higher rates are intended to slow demand and help return inflation to the Fed’s 2% goal.
Although the Fed does not directly set mortgage rates, its decisions influence the bond market and investors’ inflation expectations. When the Fed hikes rates it can be seen as deflationary since it makes borrowing money more expensive and slows down the movement of money. Bond investors’ arch enemy is inflation so a push from the Fed to fight inflation can garner more attention from investors to purchase more bonds which would help mortgage rates decrease. However, the comments following the policy change put pressure on the bond market since Fed Chair Warsh’s comments were seen as “thin” and he also mentioned inflation is still hanging around.
If inflation cools and the Fed wins the trust of the markets by continuing to fight inflation, we could see rates have a chance to improve, but if the opposite occurs rates could continue their trend and increase more. Oil is also a large factor and if we can get it to drop in price it could also assist mortgage rates to improve.
Source : Federal Reserve
