Mortgage Network’s commitment to affordable financing options continues to grow
Growing mortgage banker once again among top lenders with Maryland, Massachusetts, Pennsylvania and New Hampshire housing agencies in 2014
DANVERS, MA (May 8, 2015) — Mortgage Network Inc., one of the largest independent mortgage lenders in the eastern U.S., remained one of the leading lenders for affordable financing options in 2014, placing among the top 10 lenders with four New England housing agencies that provide first-time and low- and moderate-income borrowers with help buying a home.
In 2014, Mortgage Network was the third top-producing lender of affordable mortgage products under the Massachusetts Housing Finance Agency (MassHousing); the fifth highest producing mortgage lender under the Maryland Mortgage Program; the fifth largest provider of affordable mortgages with the New Hampshire Housing Finance Authority; and the sixth largest lender with the Pennsylvania Housing Finance Agency (PHFA). All four housing agencies provide down-payment assistance and first-time homebuyer education to residents.
Based in Danvers, Massachusetts, Mortgage Network provides a complete range of conventional, non-conventional, government and reverse residential mortgage loans. Since 2000, the company has originated more than $35 billion in mortgage loans while building a reputation for delivering nationally acclaimed customer service.
“We are grateful to our state housing agency partners, especially since first-time buyers have been a focus of ours from day one,” said Brian Koss, executive vice president of Mortgage Network. “While the housing market continues to improve, many people who would otherwise qualify for a mortgage are having trouble getting their foot in the door due to high down payment requirements and other factors. Through these programs, we’ve been able to help deserving clients achieve the dream of homeownership, and we will continue to do so.”
About Mortgage Network, Inc.
Mortgage Network, Inc. is one of the largest, privately held independent mortgage companies in the Eastern U.S. region, with more than 42 offices and licensed to do business in 24 states. The company provides a full range of residential mortgage products, including conventional and non-conventional loans, FHA and VA loans, mortgage refinancing and reverse mortgages, while offering borrowers a unique combination of experience, product development, and commitment to great service. According to a customer survey conducted from December 2012 through December 2013, more than 98 percent of customers would recommend Mortgage Network to friends and family members. Based in Danvers, Massachusetts, Mortgage Network was founded in 1988 by Robert McInnes and Albert Paré III. Mortgage Network can be found online at www.mortgagenetwork.com and can be followed on Twitter at @MNETMortgage.