About Us: Our History Mortgage Master, Inc., a Massachusetts Company, was founded in 1988 by Mr. Leif Thomsen. Since then, we have grown to become the largest volume lender on first mortgages in Massachusetts for the past four consecutive years. Today we are the country's largest independently owned mortgage company-consistently lending over $2 billion each year. Mortgage Master employs more than 250 employees nationwide, with approximately 80 loan experts providing loans and services in approximately 30 states.
Our corporate headquarters is located in Walpole, MA, with satellite offices in California, Connecticut, Illinois, Pennsylvania and New Jersey. We employ more of the top 200 loan officers in dollar volume than any other lender in the U.S.
Unlike brokers that act as agents between mortgage providers and mortgage customers, Mortgage Master uses its own funds to initiate and close loans. That means the process of securing a mortgage is greatly simplified. You work directly with our experienced representatives, who are familiar with your situation and ensure that you understand all available options.
Chances are you or someone you know will soon need a mortgage for the purchase or refinance of a home. Mortgage Master obtains mortgages for people at the lowest possible rates and costs, while providing unmatched customer service. What do we have to offer you?Our rates and costs are the lowest available in the industry. So it's no wonder people who "shop around" usually decide to work with us. Our loan officers are consummate professionals-polite, well informed and responsive to your needs. At Mortgage Master, you'll never experience "high-pressure" pitches or pushy salespeople. We're here to help you-not close loans that aren't right for you. Phone calls are returned promptly and we follow through on our commitments. Our loan officers utilize e-mails and cell phones... so you can reach them at your convenience. We don't "junk up" fees or closing costs, as some competitors routinely do for extra profit. We only conduct business with vendors who share our philosophy of low cost and high value-and we pass the savings directly on to you, our valued customer. Our founding principles-established by Mr. Leif Thomsen-guide our day-to-day business operations. They can be summarized as follows: Treat people as you would want to be treated and your solid reputation will quickly spread. Make less money while providing premium service. Maintain low operating costs that enable us to offer customers the best rates available.
These principles translate into simple but important results:
Lowest Rates and Great Service
I have been in the lending industry for over 11 years. To help you understand who I am and what I do I have joined Active Rain. Your home is both your largest expense and your most valuable investment, so whether you are buying or refinancing, getting a mortgage is an important event. To find the loan program that best meets your needs; you should work with an experienced mortgage professional. We put the needs of our clients first.
What the heck does "mortgage" mean anyway? Strangely enough, the word "mortgage" comes from the French word "mort," which means "dead," and "gage," from Old English which means "pledge". According to Sir Edward Coke (who lived from 1552 to 1634), the term came from the doubtfulness of whether or not the mortgagor would pay the debt! In those days, if the mortgagor did not, then the land pledged as security for the debt was taken away. The land was considered 'dead' to the mortgagor. (In other words, as if the person never had it.) "
"Nowadays, the term mortgage is commonly used to refer to a loan for the purpose of purchasing a property. We don't associate anyone's death with it! (Although, it might seem as if you might be dead before your mortgage is paid off.) Home mortgages are the most common type of mortgage. Very few of us will be in the unique position of paying cash for our home. That is where I come in. My team and I are committed to strategically aligning ourselves with lenders that allow us the ability to offer you the most competitive and creative financing programs on the market today. "
Most of my clients are first time home buyers, I specialize in first time buyers loans through a few different programs my company offers. Some are Home Opportunity, this is a Fannie Mae loan that believe it or now in this market allows a first time buyer to purchase a home with little to No Down Payment. I also offer FHA loans, this allow a buyer to get into a home with a low down payment.
When we are working with a first time buyer or a seasoned home buyer we always get everything we need to approve them prior to even considering a home upfront. This does two things, insures that they are as good as gold to buy a home and when presenting an offer to a seller our buyers do not have a "pre-approval" or worse a "prequalification" that are issues an approval letter. This gives them more negotiating power and confidence for all parties involved. At the time of commitment we issue to the listing Realtor, buyers Realtor and client a closing guarantee letter. This guarantees that Mortgage Master will close this loan on or before the scheduled closing date. If we fail to meet these terms we will issue a check to the customer for $500.00. (We haven't issues a check in 10 years)
Mortgage Master Inc. is a direct lender. What this does is gives us the best case to obtain the best mortgage terms for our clients, realtors and partners. We have our processing, underwriting and closing all under one roof; this allows us to control the loan process to insure a smooth and quick transaction.
We pride ourselves on building clients for life, 100% of our business is referral only and has been this way since the inception of Mortgage Master.
Mortgage Master Inc. is a retail mortgage lender, serving REALTORS®, Builders and homebuyers in distinct market areas throughout New England