
Mortgage Master, Inc. Opens Medford, MA Office To Accommodate Growing Market Activity in Region
Mortgage Bank Aims To Grow Marketshare In Suburban Boston Market
MEDFORD, Mass., June 14, 2011 /PRNewswire/ -- Mortgage Master, Inc., one of the nation's largest independently owned mortgage companies is opening its Medford, MA office to accommodate the area's growing mortgage demand. The new office will handle Mortgage Master's increasing market share in the Boston metro area.
"The thing that really attracted me to Mortgage Master is its business model that provides for continuous growth even in a depressed economy," said Janet Franklin, senior loan officer of Mortgage Master's Medford Office and a veteran mortgage specialist. "It enables us to be one of the lowest cost providers, which ultimately allows us to offer the consumer the best prices and products available."
Based in Walpole, MA, Mortgage Master continues to see strong demand both from continuation of low mortgage rates that are encouraging refinances and renovation as well firming housing prices in the Medford area. "We're seeing bidding wars again," Franklin noted.
The firm did approximately $5.5 billion in total lending volume in 2010 and continues to expand its reach in the mortgage market.
"Our company has been so successful because we open offices in markets like Medford where we know we are dealing with a stable, reliable community of borrowers," said Mortgage Master CEO Leif Thomsen. "The housing market is growing in the Medford area, built around family-oriented homebuyers, many of whom work in manufacturing, and we want to be a part of that economic growth."
Janet Franklin will report to Kevin Gillis, the Medford office's branch manager.
The new Mortgage Master office is approximately 2,000 square feet and is located at 331 Salem Street Medford, MA 02155.
About Mortgage Master
Mortgage Master, Inc. (www.mortgagemasterinc.com) is a Massachusetts Company founded in 1988 by Mr. Leif Thomsen. Since then, the company has grown to become the largest volume lender of mortgages in Massachusetts. Mortgage Master is the country's largest independently owned mortgage company, consistently lending over $4 billion each year. Mortgage Master employs more than 500 employees nationwide, with approximately 260 loan experts providing loans and services in approximately 22 states.
The corporate headquarters is located in Walpole, MA, with satellite offices in California, Connecticut, New Hampshire, New Jersey, New York, Pennsylvania, Maryland, and Rhode Island. Mortgage Master employs more of the top 200 loan officers in dollar volume than any other lender in the U.S.
CONTACT: Caitlin Lucchino
Dukas Public Relations
(646) 808-3610
[email protected]
SOURCE Mortgage Master, Inc.
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