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Mortgage Financial Services




A mortgage broker is an individual or firm that acts as an independent agent for both the borrower and the lender of a mortgage loan. Mortgage brokers are the middleman between you and the lending institution, which can be a bank, trust company, credit union, Mortgage Corporation, finance company or even an individual private investor. A mortgage broker will analyze your financial situation to determine which lender is the best fit for your loan needs. He or she will submit your mortgage application to one or more lenders in order to sell it, and works with the chosen lender until the loan closes. He or she receives a commission from the borrower if the loan closes.
 
Mortgage Financial was founded by Jim Purcell in 1987 with one mission to provide comprehensive lending services to consumers throughout their lifetimes. Since its founding, Mortgage Financial has grown to serve over 30,000 customers throughout New England in all aspects of residential lending. With offices throughout New England and expansion starting in Florida and California, the company employs 113 people with 47 loan officers.
 
Mortgage Financials headquarters are in Tewksbury, MA with offices throughout Massachusetts, Vermont, New Hampshire, Connecticut, Maine, Rhode Island, and California. Unlike mortgage brokers, they are a full service lender. Full service means not only offering you the most competitive rates but also coordinating all of the steps involved in the loan process arranging for an appraisal, contacting an attorney if needed, and ordering a new title. Your loan officer will be your contact throughout the entire process.
 
Their success depends on your complete satisfaction. Due to the nature of their complex industry, Mortgage Financial is dedicated to upholding the highest standards of ethical and professional conduct. They hold their reputation of a trusted partner to you as their greatest asset. Their industry, like their customers' lives, can move at a fast pace. They continually invest in new technologies to make every transaction as efficient as possible.
 
Mortgage Financial is proud to offer the Corporate Home Loan Program. Corporations that enlist in this no cost program can offer employees access to a dedicated loan officer for expert consultation anytime at no charge, reduced closing costs for a home purchase or refinancing. At Mortgage Financial, their mission is to provide comprehensive lending services to consumers throughout their lifetimes. Customer satisfaction is their top priority. Their success depends on your complete satisfaction.

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