• Peter Melchionne
  • Peter Melchionne
  • Pinnacle Mortgage, Inc
  • NMLS ID: 241797
    Member Since 2022
  • 612 Newark Ave
    Hoboken, NJ 07030
  • 201-697-1430

As a Certified Divorce Lending Professional, my practice is Divorce Mortgage Planning. This is not a loan product or a mortgage application. It is the analysis that sits underneath the property and debt decisions in a divorce: what the equity solutions actually are for each party, whether the proposed settlement will support financing once the decree is entered, how support, timing, and title language affect qualification, and where the settlement, the mortgage, and the real property contradict one another. I bring that analysis to the divorce team while the terms are still open, because after the agreement is signed, the language is what everyone has to live with, and financing has to conform to it rather than the other way around.

Peter Melchionne, a Senior Loan Officer at Pinnacle Mortgage, is a lifelong Bergen County resident and has provided real estate finance solutions in New Jersey for the past 15 years. Peter graduated from Quinnipiac University with a degree in Finance and spent his summers as a licensed real estate agent in Hoboken. In 2006 Peter began his career in the mortgage lending industry at First Horizon Home Loan. He transitioned to Pinnacle Mortgage in 2008 where he has built his business assisting real estate purchasers in both their personal and investment acquisitions. Peter has expertise in a wide array of products including conventional, FHA, VA, Jumbo, Rehab and Non-QM mortgages, as well as being certified in divorce lending. Peter has personally invested in multifamily and commercial real estate and understands the needs of both his residential and investor clients.

NMLS ID: 241797