Why? Because, the parents companies are most likely not in NJ, and your loan officer will not be much help after you close. So you need to do more due diligence than what you get here. For example, here is a link to reviews for mortgage lenders that may be helpful...this is not an end all, but you need to look beyond what you get here so you make the best decision.
Wells Fargo has been good in the past and their health as a company is good, but there are other contenders out there to look at that I believe are as good or better.
Here is a link to get you started. http://refinance-mortgage-review.toptenreviews.com/
Good luck. Tom Hinz http://www.shortsaletosell.com
Wells originates the majority of mortgage loans now. They do a good job and their preapproval is respected in the industry. Taking it down one more notch, the particular rep you work with will make a difference. "My guy" is fantastic - I'll watch for your inquiry if you'd like his info.
Unwavering Commitment to Service, Unsurpassed Results
Also, Diane Turton Realtors preferred company is Prospect Mortgage.
Most mortgage lenders can get you an FHA loan. But, since you are in a very competitive market, if you can afford to put down more, you should. Down payments and mortgage amounts weigh heavily when considering one offer vs another.