About Rocco
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, PA
Free guides from Rocco
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.
Where to find Rocco
Rocco works out of our Hamilton, NJ office. Branch NMLS #131526.
What clients say about Rocco
101 client reviews
Verified client reviews via Experience.com
Rocco made it a good experiene and knowledge. He also was very flexible with times when I needed him for questions.
is one of the very best I'm trying to buy a home. very informative and also super the only one you shbe going to in the state of New Jersey for mortgages. h
Rocco Ferrante was very helpful during the entire process of buying our first home! From answering our smallest questions to explaining the reasonings behind our biggest concerns. Rocco was always a text or phone call away, even at some of the later hours in the day. As this was our first home, we had a lot of questions and were confused with the process but Rocco made everything easier and reassured us every step of the way. At the end of the day we would both feel confident in the following steps after speaking with Rocco. We would highly recommend him and his group to anyone looking to buy a home. We will be using Rocco for any future homes!
Rocco was great to work with. He answered all my questions, and thoroughly explained everything throughout the way. Made a process that seemed very daunting go smooth, and I would highly recommend him to anyone looking to purchase a home.
Rocco is one of the best mortgage lenders I have the pleasure of working with. He’s very attentive to details and aware of how the customer is feeling. Through every step of the process, he made sure I was on the same page and if I wasn’t, he went above and beyond to make sure I got there. He addresses every question promptly and is a consummate business partner. I will definitely use his services again for any other real estate needs I have in the future. When it comes to mortgages, Rocco is pro you should be seeking.
I would reccomend Advisors to anyone. Rocco makes a challenging process, not seem so bad. Great communication and willing to do anything to get things done for you.
Rocco was always pleasant, listened to my concerns, answered all my questions and made sure I understood every step of the process.
Rocco was amazing throughout the entire process of buying our forever home. He answered all questioned and was always available to go over everything. He made sure to always follow up and make sure things got taken care of in a timely manner Would highly recommend him and the entire team at Advisors.
Rocco was a guiding light throughout the loan process for our first home. He is incredibly thorough with an extensive knowledge in the mortgage and housing market. He was always incredibly responsive and proactive in getting us over the finish line. Rocco provided pertinent insights and advice for financial planning. He was organized with great follow through. We will definitely recommend Rocco to our family and friends.
Rocco at Advisors Mortgage was great to work with. He answered all of our questions that came up and he took his time to walk us through the process.
This is the second time we have worked with Rocco. He is very attentive and considerate. He provides consistent updates every step of the way and answers all of your questions. He goes above and beyond for his clients. We would only go to Rocco for any of our mortgage needs.
This was my first time purchasing a home and so I was very apprehensive about going through the process. Rocco was a tremendous help as he was very responsive to all my questions/concerns and was able to break everything down so that it was simple and easy to understand. He also worked hard until the very end to make sure that I was able to close on time and exceeded all expectations. Overall, I am very happy I chose to go with him as my lender.
Rocco Ferrante is such great guy he took his time to explain every little details about this whole process and even though there were times when we thought we weren’t gonna get to end he came up to gave us the strength needed to continue fitting to the final day and I’m glad we did cause thanks to him now we own a beautiful home!!!
The home purchase process is daunting especially in this crazy market. The first thing Rocco did was review our income and gave us a number range so we knew what we could afford. He worked diligently to get us the best type of loan and program that fit our budget. We bid on tons of homes and had 3 under contract. Rocco was with us every step of the way. Rocco was our constant throughout the 5 month process. I would recommend Rocco. He makes the home buying process so much easier.
Rocco was very knowledgeable, extremely responsive, and answered all of my questions and concerns from the start. He made it a smooth process and I would highly recommend him to any of my friends/family.
Rocco is great at what he does and he is an extremely trustworthy guy
Rocco‘s sense of urgency was amazing. He explained everything and his communication throughout the process made me feel at ease. I really appreciate everything Rocco has done for me, and when I know someone who is looking to I need a mortgage or refi, Rocco will be my go to for them.
Rocco Ferrante, really made the best of us difficult situation because of my past. He was a pleasure to work with. He gave me the guidance I needed at every turn. He really went above and beyond for me and my family to secure our dream home. He was excellent in dealing with the realtors and the lawyers and giving me suggestions and guidance for every step through the entire process. I can't say enough about how professional he was and personable. Thank you Rocco!!
I would highly recommend Advisors mortgage group & in particular branch manager Rocco Ferrante, to anyone seeking a true professional. Rocco assisted me through a very difficult divorce and refinance process. Nothing was ever a problem for him, I almost got the impression that he thrives on the challenges that are thrown at him. I was very fortunate to have him walking alongside me through this lengthy process.
Great experience working with advisors. Mr.Ferrante did an amazing job would highly recommend to everyone
We had a great experience with Advisors Mortgage, specifically with Rocco F. He provided great advice and made the application process very easy. Rocco provided lots of information so we could be better acquainted with all parts of the real estate process. Could not have completed the purchase process without him.
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Working with Rocco was amazing. He is very knowledgeable, personable, and hard working. He goes above and beyond to help his clients. I would highly recommend him and feel lucky to have worked with him.
Rocco Ferrante was extremely helpful and made sure I understood each step and function early in the process which meant there were no surprises. When you work with Rocco, you are not just another number or sale, there is a high level of investment from him that goes into making sure the process is personalized for your specific needs. From start to finish the whole process was a pleasure because of the level of care with Rocco!
everything went smoothly
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
