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Mortgage Network Inc. has announced that it has opened a branch office in Salem, N.H. The office will be managed by Martha Harvey, previously branch manager of Mortgage Network's Westford, Mass. office. A veteran mortgage professional with more than 25 years of experience, Harvey joined Mortgage Network in 2007 after serving as a loan officer at Countrywide and North American Mortgage. Joining Harvey at the Salem office is loan officer David Barbato, who previously served as a loan officer in the Westford branch, in addition to an operations staff of four people.
"Our Salem office is perfectly located to reach borrowers in southern New Hampshire and north of Boston who are in need of greater home financing options," said Brian Koss, Mortgage Network executive vice president. "We chose Martha to lead this office due to her proven leadership skills and impeccable customer service record. We look forward to serving the Salem community for many years to come."
Harvey said real estate prices in Salem and north of Boston are within reach of many first-time buyers, but that new federal regulations have made the lending process more complicated.
"While the market is improving, most people have trouble figuring out what they need to get approved," Harvey said. "Thankfully, Mortgage Network has the systems and support I need to guide borrowers through the process as painlessly as possible. Whether they are buying their first home, moving into a bigger home, or refinancing an existing mortgage, we are ready to help local residents achieve their home financing goals."