Company’s newest loan officer encourages homebuyers to get pre-approved early so they can move quickly due to limited housing inventory
May 16, 2022 – Danvers, Massachusetts – Mortgage Network, Inc., one of the largest independent mortgage lenders in the eastern U.S., announced that Bruce MacDonald, Jr. has joined the company as a loan officer at its Danvers, Massachusetts office. MacDonald will be responsible for helping borrowers throughout Massachusetts with their home financing needs.
A Manchester-by-the-Sea native who currently lives on the “port-side” of Danvers, MacDonald (NMLS #2330471) said rising mortgage interest rates, increasing home prices and a limited inventory of available homes mean that serious homebuyers need to be ready to act quickly.
“Properties that are new to the market are selling fast, which is why it is critical to get a pre-approval now instead of waiting until you find a home,” MacDonald said. “I encourage homebuyers to prepare and know their borrowing limit so they can quickly make an offer. Then, they should be ready to sign a purchase and sales agreement in short order.”
MacDonald comes to Mortgage Network after spending over 30 years in advertising sales and management serving North Shore businesses and institutions on behalf of The Boston Globe, The Salem News, The Gloucester Daily Times & The Daily News of Newburyport. He holds an executive MBA from Endicott College and a bachelor’s degree in business with a concentration in finance from Northeastern University.
MacDonald currently serves as vice president of the Manchester Club of Manchester-by-the-Sea, a 503(B) non-profit, and on the executive board of The Elder Brethren Association of Manchester-by-the-Sea.
“We are delighted to have Bruce join the Danvers office,” said Mortgage Network Sales Manager Sonny Romano (NMLS #17464). “He has many strong ties within the community and knows the market well, so we’re confident he can help any borrower with their home financing needs.”
“I’m proud to be part of the Mortgage Network team,” said MacDonald. “The company has a strong presence here and throughout New England and is well known for impeccable customer service. This was important to me and one of the many reasons I wanted to join the company. I’m looking forward to providing borrowers throughout the area with a fantastic experience, whether they are refinancing or buying a home.”
MacDonald can be reached at (978) 750-3331, by email at email@example.com, or through his website at www.brucemacdonaldjr.com. He can also be reached via social media on LinkedIn, Facebook and Instagram.
About Mortgage Network, Inc.
Mortgage Network, Inc. is one of the largest, privately held independent mortgage companies in the eastern U.S., with 35 branch offices and licenses in 27 states. The company offers a flexible menu of agency direct, portfolio and jumbo solutions and is backed by its proprietary, award-winning technology and a commitment to help mortgage professionals grow their business. Year after year, more than 98 percent of Mortgage Network customers and referral sources say they would recommend the company to family and friends. Based in Danvers, Massachusetts, Mortgage Network was founded in 1988 by Robert McInnes and can be found online at www.mortgagenetworkcareers.com and on Twitter at @MNETMortgage.com.