Steven Parangi
Steven Parangi is a licensed mortgage loan originator (NMLS #76024) and attorney with over 20 years of experience in residential home lending. He is the founder of Alpine Mortgage (Company NMLS #56905), a residential mortgage brokerage established in 2002 serving borrowers across multiple states.
Throughout his career Steven has helped thousands of homebuyers, homeowners, and real estate investors throughout the mortgage process. His experience spans a wide range of loan programs including conventional, FHA, VA and non-QM loans. Steven works directly with clients to evaluate loan options, explain current mortgage rates and assist throughout the home financing process from application through closing.
Professional Background
Steven's background combines mortgage lending expertise with legal training providing a strong foundation in real estate transactions, lending regulations and consumer finance. His professional experience includes:
Residential Lending
Conventional, FHA, VA, USDA, and Jumbo financing for primary residences, second homes, and investment properties across all 10 licensed states.
First-Time Homebuyers
Down payment assistance programs, first-time buyer education, and state specific programs including CHFA, NJHMFA, PHFA, TDHCA, CalHFA, and OHFA.
Self-Employed & Complex Income
Bank statement loans, asset depletion programs, P&L loans, and other Non-QM solutions for borrowers with non traditional income.
Investment Properties
DSCR loans qualifying on rental income, multi-family financing and short term rental property loans across major investment markets.
Credit Challenged Borrowers
FHA, VA and Non-QM programs for borrowers with FICO scores as low as 500, post-bankruptcy, post-foreclosure and credit recovery situations.
Refinancing & Cash-Out
Rate and term refinances, debt consolidation, cash out refinances including Texas 50(a)(6) homestead transactions and reverse mortgages for homeowners 62+.
Areas of Expertise
Steven's expertise spans the full range of residential mortgage products, with particular depth in complex situations and state-specific regulations:
Mortgage Rates and Market Trends
Weekly rate commentary tied to the Freddie Mac PMMS and regular media quotes on Fed policy and rate forecasts. See current rates.
Conventional Loans
Conventional financing for primary residences, second homes and investment properties across all 10 licensed states.
FHA and VA Loans
FHA loans with FICO scores as low as 580 and VA financing for eligible veterans, including high cost county loan limits in NJ and NY.
Jumbo and High Cost Loans
Jumbo financing above conforming loan limits for properties in Manhattan, North Jersey, the California coast and South Florida.
Non-QM Loans
Non-QM loans including bank statement, asset depletion, P&L only and 1099 programs for self-employed and non traditional income borrowers.
DSCR and Investment Property Loans
DSCR loans that qualify on rental income rather than personal income with LLC vesting and multi-property portfolio expertise.
Bad Credit and Bankruptcy
Financing for low credit borrowers including post bankruptcy, post foreclosure and low FICO scenarios.
NYC Co-op Loans
Co-op share loans through portfolio lenders familiar with NYC building review and board approval requirements.
Texas Section 50(a)(6) Cash-Out
Texas homestead cash out refinances structured under Section 50(a)(6) of the Texas Constitution. Texas mortgage rates.
Reverse Mortgages
HECM and proprietary jumbo reverse mortgage products for homeowners 62 and older.
Renovation Loans
Renovation loans that finance the purchase and renovation costs in a single mortgage, including conventional renovation programs and FHA 203(k) standard and limited loans.
State Specific Real Estate Regulations
Working knowledge of NJ's Anti-Eviction Act, NY's Good Cause Eviction Law, FL's HVHZ insurance rules and TX homestead protections, drawing on Steven's attorney background.
Media Mentions & Featured Quotes
Steven is regularly quoted by major financial and real estate publications on topics including mortgage rates, refinancing, credit qualification, home equity and the home buying process.
Recent publications featuring Steven Parangi:
- CBS News — Will mortgage rates fall below 6% in 2025? (January 2025)
- CBS News — Home equity loan vs. reverse mortgage (December 2025)
- Realtor.com — I can afford the mortgage, but not the maintenance (January 2026)
- Realtor.com / Yahoo Finance — Mortgage Shopping Tips for 2026 (December 2025)
- US News — 4 Questions Single Homebuyers Should Ask Themselves (March 2025)
- Homes.com — How appraisals help buyers and lenders avoid costly mistakes (October 2025)
- Insure.com — How to switch home insurance (October 2025)
- Credible.com — No-Down-Payment Mortgage: How To Buy a Home Without a Down Payment (February 2025)
- Credible.com — How to Get Rid of PMI: A Comprehensive Guide (January 2025)
- Credible.com — Understanding the Foreclosure Process (January 2025)
- GoBankingRates — 4 Key Signs You've Found the Right Reverse Mortgage Lender (January 2025)
- Refi.com — Conventional Loan Refinance Requirements in 2025 (January 2025)
- Refi.com — Is the FACOP Program Legit? (April 2025)
- Clever — Does an Eviction Affect Your Ability to Buy a House? (August 2025)
- Debt.org — Can You Buy a House with Collections?
- Mortgage Research Network — Everything You Should Know About Down Payment Gift Rules (January 2025)
- Realtor.com — The Credit Score You Need for a 0% Down Payment Loan (January 2026)
- CBS News — 7 Ways to get a lower mortgage rate in 2025 (January 2025)
- CBS News — What will happen to home equity levels in 2025? (January 2025)
Published Articles by Steven Parangi
Steven authors and reviews mortgage education content published on AlpineBanker.com. Recent articles include:
- VantageScore 4.0 & FICO 10T: 2026 Mortgage Credit Score Changes
- How to Get a Mortgage with Bad Credit: Loan Programs by Credit Score (2026 Guide)
- DSCR Loans for LLC Owners: How Real Estate Investors Close in an Entity
- Cooperative Homes: A Path to Affordable Ownership
- Southern Housing Markets Offer New Opportunities for Homebuyers
- Why a Home Inspection Is a Must for Homebuyers
For Steven's full publishing history, visit the Alpine Mortgage blog.
Service Areas
Steven is licensed and actively originates mortgage loans across 10 states: California, Colorado, Connecticut, Florida, Georgia, New Jersey, New York, Ohio, Pennsylvania, and Texas.
Steven serves borrowers across all 21 New Jersey counties including:
- Bergen County (Montvale, Paramus, Hackensack, Englewood, Fort Lee, Ridgewood, Mahwah, Tenafly)
- Hudson County (Jersey City, Hoboken, Weehawken, Union City)
- Essex County (Newark, Montclair, Bloomfield, West Orange, Maplewood)
- Passaic County (Paterson, Wayne, Clifton)
- Morris County (Morristown, Parsippany, Madison)
- Union County (Elizabeth, Westfield, Summit)
- Monmouth, Ocean, Somerset, and Middlesex counties
For current rates in New Jersey, see NJ mortgage rates.
Steven originates loans throughout New York State including:
- New York City: Manhattan, Brooklyn, Queens, The Bronx, Staten Island
- Long Island: Nassau County, Suffolk County
- Hudson Valley: Westchester, Rockland, Orange, Dutchess, Putnam
- Capital Region and upstate markets including Albany, Saratoga, and the Catskills
For current rates in New York, see NY mortgage rates.
Licensing & Credentials
- Licensed Mortgage Loan Originator: NMLS #76024
- Licensed Attorney: New Jersey Bar (31841999) & New York Bar (3954153)
Mortgage licensing information may be verified through the Nationwide Multistate Licensing System (NMLS) at https://www.nmlsconsumeraccess.org
In Steven's Words
"Most mortgage loan officers are trained on rate sheets and loan programs. As an attorney, I look at the entire transaction, the structure, the title, the contingencies. That perspective matters most on the deals that do not fit a standard template."
Steven Parangi, on the attorney plus loan originator approach to lending
"A retail bank can only offer the products that bank originates. As an independent broker, I can shop the same borrower across multiple wholesale lenders and find the one that prices, qualifies, and underwrites best for their specific situation. That is not a marketing pitch, it is how the model works."
Steven Parangi, on the wholesale broker model
"The borrowers who get turned away by big banks are often the ones who benefit most from working with an independent broker. Self-employed income, DSCR loans, bank statement loans, post-bankruptcy financing, co-op purchases in New York. None of these fit a checkbox underwriting model and all of them are solvable with the right lender."
Steven Parangi, on working with non-traditional borrowers
Steven's Client Testimonials
Real feedback from borrowers who worked directly with Steven on their mortgage transactions. See all reviews on Google.
"Steven and his team are A-team. They are thorough with the application process which ensures that there is no surprises later in the financing cycle. Also, Steven works like a superman, delivering results lightning fast. This is 2nd time Steven helped me get my dream home."
"He researched all the options possible to obtain your loan. He carries out all transactions in a very professional manner. None of the lenders offered me the option he got for me and my loan went through. I'm extremely satisfied with his services."
"I highly recommend Steven Parangi. He is extremely knowledgeable, professional, and attentive. He was able to successfully help me refinance my home when every other company could not."
"Steve was extremely responsive and through careful planning was able to meet a 2 week schedule with no surprises."
"Steve was patient and willing to explain the entire process from start to finish. He also fought tirelessly to get me the best rate. When I got a better rate elsewhere but with points, he was able to get me the better rate and still with no points. I'll be in touch when it's time to refinance."
"Worked with Steve Parangi. Couldn't ask for better service or communication. Steve was very easy to work with and had my best interest in mind. Would highly recommend him and Alpine Mortgage. Can't beat their rates."
About Alpine Mortgage
Alpine Mortgage Services, LLC (NMLS #56905) is an independent residential mortgage brokerage founded by Steven Parangi in 2002. Headquartered in Montvale, New Jersey, Alpine is licensed in California, Colorado, Connecticut, Florida, Georgia, New Jersey, New York, Ohio, Pennsylvania, and Texas.
As an independent broker rather than a bank or direct lender, Alpine works with a broad network of wholesale lenders to offer borrowers access to:
- Multiple competing wholesale lenders with a wide variety of options
- Competitive mortgage rates backed by Alpine's Best Rate Guarantee
- Flexible underwriting options for borrowers with credit issues or non traditional income
This structure allows borrowers to explore loan programs that may not be available through a single retail bank or direct lender.
Editorial Standards & Content Review
Steven Parangi is responsible for reviewing and approving all content published on AlpineBanker.com. As both a licensed attorney and a licensed mortgage loan originator with over 20 years of experience, Steven reviews content to ensure:
- Loan program eligibility requirements are accurate and current
- Mortgage rate information reflects current market conditions
- State regulations and lending requirements are correctly represented
- Federal regulatory disclosures and compliance language is accurate
- Borrower information is clear, accurate, and unbiased
Content follows our Editorial Policy and is reviewed regularly to reflect current lending guidelines, mortgage program eligibility requirements and market conditions.
Contact Steven
For mortgage inquiries, loan consultations or media requests:
Steven Parangi
Licensed Mortgage Loan Originator (NMLS #76024)
Alpine Mortgage
210 Summit Avenue, Suite A3
Montvale, NJ 07645
Phone: (201) 488-8809
Email: [email protected]
Frequently Asked Questions About Steven Parangi
Steven Parangi is a licensed mortgage loan originator (NMLS #76024) and attorney admitted to the New Jersey Bar (2000) and the New York Bar (2001). He is the founder of Alpine Mortgage Services, LLC, an independent residential mortgage brokerage he established in 2002. Steven has more than 20 years of experience in residential lending and works directly with borrowers across 10 states.
Steven has been originating residential mortgage loans for over 20 years. He founded Alpine Mortgage Services, LLC in 2002 and has personally guided thousands of homebuyers, homeowners and real estate investors through the mortgage process across Alpine's 10 licensed states.
Steven holds a Juris Doctor from Nova Southeastern University Shepard Broad College of Law and is admitted to practice law in both New Jersey (2000) and New York (2001). He is also a licensed mortgage loan originator under NMLS #76024 with more than 20 years of residential lending experience. The combination of a law license in two states plus a mortgage loan originator license is uncommon in the industry and gives Steven a working knowledge of both the legal and lending sides of a real estate transaction.
Steven is licensed to originate mortgage loans in 10 states: California, Colorado, Connecticut, Florida, Georgia, New Jersey, New York, Ohio, Pennsylvania, and Texas.
Steven works from Alpine Mortgage's headquarters at 210 Summit Avenue, Suite A3, Montvale, NJ 07645. He can be reached at (201) 488-8809.
Steven works across all major residential loan types including conventional, FHA, VA, USDA, jumbo and reverse mortgages. He has particular depth in non-QM lending, DSCR loans for real estate investors, bank statement loans for self-employed borrowers, financing for low credit score borrowers, New York co-op share financing and Texas Section 50(a)(6) cash out transactions.
Steven brings a combination of experience and credentials that is uncommon among mortgage loan officers. He brings more than 20 years of experience in residential home lending and has originated thousands of loans since founding Alpine Mortgage in 2002. He works as an independent wholesale broker rather than a retail bank loan officer, which means he shops borrowers across multiple wholesale lenders to find the best loan programs and rates. Steven is also a licensed attorney, an uncommon credential combination that is particularly useful on transactions with legal complexity. Steven is also regularly quoted as a mortgage expert by major financial publications including Bankrate, CBS News, Realtor.com, US News, Yahoo Finance and Credible.
Yes. Steven is treated as an industry expert source by leading financial and real estate publications across a range of mortgage topics, including mortgage rate forecasts, refinancing, credit qualification, reverse mortgages, foreclosure, no down payment programs, FHA cash out refinancing, home equity and the homebuying process. Publications that have cited Steven include Bankrate, CBS News, Realtor.com, U.S. News and World Report, Yahoo Finance, GoBankingRates, Credible, Homes.com, Insure.com, Debt.org, Refi.com, Mortgage Research Network, and Clever. A full list with article links is published in the Media Mentions section of this page.
Information provided on AlpineBanker.com is for educational purposes only and does not constitute legal advice, financial advice or a commitment to lend. Loan programs, rates and guidelines are subject to change without notice and may vary by borrower qualification and property type.
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