CRANBURY, N.J., July 19, 2017 (GLOBE NEWSWIRE) -- 1ST Constitution Bancorp (NASDAQ:FCCY), the holding company for 1ST Constitution Bank, today announced the launch of Momentum Mortgage, a digital mortgage platform for homebuyers and people who seek to refinance their homes. With Momentum Mortgage, 1ST Constitution Bank becomes one of a handful of banks in New Jersey and around the country in adopting a digital mortgage platform. Momentum Mortgage delivers a seamless mortgage application experience for the consumer when purchasing or refinancing a home; making it easier and more convenient. The platform allows an applicant to easily upload documents, communicate with their loan officer, and enjoy a completely transparent and paperless experience.
“We are delighted to introduce Momentum Mortgage as the next generation mortgage platform,” said Robert F. Mangano, President and Chief Executive Officer. “Our goal is to make it easier, faster, and more convenient for our customers to obtain a residential mortgage or refinance their home.”
Tech savvy consumers of all ages, including Millennials, are driving demand for financial technology (FinTech), including digital mortgages. With recognition and understanding of those market dynamics, 1ST Constitution Bank is taking a leadership role in the space through Momentum Mortgage. Momentum Mortgage, powered by 1ST Constitution Bank, provides buyers and those seeking to refinance with a simple and convenient platform, through a step-by-step process that can be accomplished entirely online on any device, anywhere.
“At 1ST Constitution Bank it is our belief that today’s consumer expects an exceptional online experience for just about everything, including applying for a residential mortgage or home refinancing. In our view, Momentum Mortgage delivers an extraordinary digital experience for our valued customers,” continued Mr. Mangano.
To learn more about Momentum Mortgage, please visit www.momentummortgage.com.
About 1ST Constitution Bancorp
1ST Constitution Bancorp, through its primary subsidiary 1ST Constitution Bank, operates 18 branch banking offices in Cranbury, Fort Lee, Hamilton, Hightstown, Hillsborough, Hopewell, Jamesburg, Lawrenceville, Perth Amboy, Plainsboro, Rocky Hill, Princeton, Rumson, Fair Haven, Shrewsbury, Little Silver and Asbury Park, New Jersey. 1ST Constitution Bank also operates two residential mortgage loan production offices in Forked River and Jersey City, New Jersey. 1ST Constitution is an Equal Housing Lender, NMLS#433840, and is a member of the Federal Deposit Insurance Corporation (FDIC).
1ST Constitution Bancorp is traded on the Nasdaq Global Market under the trading symbol “FCCY” and can be found the web at www.1stconstitution.com.