Connecticut Mortgage Company
Northeast Financial located right in Middlefield, Connecticut. We are a Connecticut Mortgage Broker. Even though we are in Middlefield, we cover the entire state. I specialize in home purchase loans, refinance mortgages, investment property loans, and commercial mortgage financing.
Using a Broker or a Lender?
First of all, many consumers do not know the difference between a mortgage broker and a mortgage lender. Furthermore, most borrowers do not know why it is important to know the differences when considering purchasing or refinancing a home.
A mortgage lender is using their own money to finance a purchase or a refinance transaction. They only have access to their own interest rates which they set in compliance with government standards. They also set the guidelines for how they close their loans. Unlike a broker, if they turn down your file – then they have no other avenues (which can cost you time and money – if a fee was paid for the appraisal).
A Connecticut mortgage broker on the other hand does not use their own money. They can shop the best rates, programs, and closing costs for their clients. Mortgage brokers get their money from companies called Wholesale Mortgage Lenders. Each Wholesale Lender offers different programs, different rates, and different terms. Finally, most brokers will have relationships with several Lenders to insure they are able to offer the most competitive programs for their clients.
Why we are different
Northeast Financial is one of the most established mortgage brokers in Connecticut. We offer FHA, First Time Mortgage Loans, USDA (rural), Veteran (VA), Jumbo, Conventional, Reverse, Rehab Loans, and Commercial Mortgages (great for investors). Most noteworthy about our company is that we have won back to back year awards for our production and customer service.
Even though we are a Middlefield Connecticut Mortgage company, we pride ourselves on giving amazing customer service to all our clients throughout the state. We are more than happy to come out in person and meet you at your home or a place of your choosing. Our pre-approval process is easy, and we will work with you every step of the way.
Please call us today for a free consultation. Click here to begin the process.
Thanks,
Michael Meyer
Residential Mortgage Loan Originator for Northeast Financial
President/Spartan Commercial Mortgage
Personal NMLS#117875
Mike@spartancommercialmortgage.com
860-876-0572
Northeast Financial NMLS#117273
48 Meriden Rd Middlefield, CT
Residential Clients: Click Here For Application