NMLS #2560393Licensed mortgage broker in New Jersey
Ai Remco LLC is a licensed New Jersey mortgage broker based in Oldwick, in Tewksbury Township, Hunterdon County. We help buyers and homeowners across the state with purchase and refinance loans, and you work directly with the owner, Larry Higgins, MS, CFM.
Ai Remco LLC is a licensed mortgage broker, NMLS #2560393, based in Oldwick, New Jersey, in Tewksbury Township. It is owned by Larry Higgins, MS, CFM a licensed Mortgage Loan Originator, NMLS #2530499, and works with borrowers online and by phone. We hold mortgage brokerage licensing in New Jersey, Pennsylvania and Florida, and New Jersey is our home market. Our affiliated agency, Ai Real Estate LLC, handles flood insurance in New Jersey, Pennsylvania, Florida and North Carolina — an affiliated business arrangement we disclose to you in writing whenever both companies could be involved in your transaction.
As a broker, we do not lend our own money. We take your application, structure the file, and submit it to a wholesale lender that underwrites and funds the loan. We help you explore available programs and understand their requirements. We receive compensation for arranging your mortgage. Rates, fees and program availability depend on your qualifications, loan details and lender requirements. Applicable terms and costs are provided in your loan disclosures. The lender issues final approval.
The "AI" in our name is about workflow — Larry holds bachelor's and master's degrees in Computer Science, with graduate study in AI and 35+ years in real estate and technology. We use technology to read and organize documents, run scenario comparisons, and pull property data such as annual taxes, estimated value and FEMA flood zone before you commit to an offer. Licensed people still make the recommendations, and the lender's underwriters still make the decisions.
Government and Freddie Mac data, updated as each source publishes.
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Sources: Consumer Financial Protection Bureau, HMDA data (loans originated); U.S. Census Bureau, Building Permits Survey; Freddie Mac House Price Index (FMHPI). Figures describe the past and are for general information only; they are not an appraisal, a forecast or an offer of credit.
As a broker, we price your loan through wholesale lending channels rather than a bank's retail rate sheet. That is one reason people use a broker, but it is not a promise of a lower rate or a savings amount: pricing depends on your credit, loan-to-value, property type, occupancy and the market on the day the loan is locked.
If you want the mechanics, our guide on how wholesale mortgage pricing works walks through it, and how we use technology in the process explains what the software does and what it doesn't.
Search for brokers licensed by the New Jersey Department of Banking and Insurance, then verify the company and the individual loan officer on the NMLS Consumer Access site at nmlsconsumeraccess.org. Ask which lending channels the broker uses, how they are compensated, and what documentation your file will need. Ai Remco LLC is a New Jersey licensed mortgage broker, NMLS #2560393, reachable at (732) 561-4292.
A wholesale mortgage broker is a licensed intermediary that originates loans using wholesale lending channels rather than lending its own money. The broker takes the application, structures the file and submits it to a wholesale lender that underwrites and funds the loan. Wholesale pricing is the pricing lenders publish to broker channels, as distinct from the retail pricing a consumer sees at a bank branch.
Ai Remco LLC is a mortgage broker that works with a wholesale lender. We help you explore available loan programs and guide you through the mortgage process. We receive compensation for arranging your mortgage. Rates, fees and program availability depend on your qualifications, loan details and lender requirements. Applicable terms and costs are provided in your loan disclosures.
A bank lends its own money and offers only its own products and guidelines. A broker is licensed separately, takes the application, and places the loan with a wholesale lender. If a property or income situation does not fit one set of guidelines, a broker can look at other program options instead of simply declining the file.
Wholesale pricing is available through licensed New Jersey mortgage brokers, including Ai Remco LLC (NMLS #2560393). Actual rates and costs depend on the lender's pricing at the time, your credit profile, loan-to-value, occupancy, property type and loan amount — no broker can promise a specific rate or a savings amount in advance.
Yes. Ai Remco LLC is licensed for mortgage brokerage in New Jersey and serves borrowers in all 21 counties from Oldwick, in Tewksbury Township (Hunterdon County). It is also licensed for mortgage brokerage in Pennsylvania and Florida. It works with borrowers online and by phone and does not maintain branch offices.
Self-employed borrowers can use standard conventional, FHA and VA financing when tax returns support the income. When returns understate cash flow because of business write-offs, bank-statement, profit-and-loss and asset-based Non-QM programs evaluate income differently. Eligibility, pricing and documentation requirements differ between these programs.
Yes. Conventional investment-property financing qualifies on your personal income and assets, and rental income from the property can often be counted toward qualifying. Down payment requirements are higher than for a primary residence, and all financing is subject to credit approval, underwriting and appraisal.
We use technology to speed up the parts of the process that are mechanical: reading and organizing submitted documents, running scenario and payment comparisons across programs, checking property data such as taxes, estimated value and FEMA flood zone. Credit decisions and underwriting are made by licensed people and by the lender's underwriters — not by an AI system — and every figure we produce is an estimate until the lender issues terms.
