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Adams: current market conditions heighten need for buyers to know their financing options

November 9, 2015 ─Danvers, MA – Veteran mortgage professional Mike Adams (NMLS #469684) has joined Mortgage Network Inc., one of the largest independent mortgage lenders in the eastern U.S., as a loan officer in the company’s Andover, Massachusetts, branch office. In his new role, Adams will be responsible for serving homebuyers and homeowners throughout northeastern Massachusetts and southern New Hampshire.

Based in Danvers, Massachusetts, Mortgage Network provides mortgage banking services in more than 20 states through a wide variety of retail offices built to fit each local market. Mortgage Network is more focused and agile than many larger competitors, which allows the company to provide a high level of service to its customers and its business and referral partners.

Adams brings to Mortgage Network 28 years of mortgage banking experience in the local area and has helped more than 3,500 borrowers over his career. Before joining Mortgage Network, Adams served as a loan originator at Stoneham Bank for the past 16 years.

“With nearly three decades of helping borrowers in all kinds of market conditions, Mike is a fantastic addition to our team,” said Jane Stanton (NMLS #12506), manager of Mortgage Network’s Andover branch office. “Mike’s high level of commitment to borrowers is also very rare in our industry, but it’s also why he’s a perfect fit for Mortgage Network.”

“I’m happy to be joining Mortgage Network, which provides a wide range of residential mortgage loans and a support staff built to deliver an excellent customer experience for every borrower,” said Adams. “With these tools, I look forward to helping past and future clients throughout the region with their mortgage needs.”

While mortgage rates remain near all-time lows, Adams said that locally, rising prices and low inventory have created challenges for buyers. “More than ever, buyers need to feel confident about their financing and know what their options are,” he said. “To maximize their chances for success, it’s critical that home buyers first consult with an experienced mortgage professional.”

Mike Adams can be reached via email at or by phone 978-475-9577. He can also be found online at


About Mortgage Network, Inc.
Mortgage Network, Inc. is one of the largest, privately held independent mortgage companies in the Eastern U.S. region, with more than 42 offices and licensed to do business in 24 states. The company provides a full range of residential mortgage products, including conventional and non-conventional loans, FHA and VA loans, mortgage refinancing and reverse mortgages, while offering borrowers a unique combination of experience, product development, and commitment to great service. According to a customer survey conducted from December 2012 through December 2014, more than 98 percent of customers would recommend Mortgage Network to friends and family members. Based in Danvers, Massachusetts, Mortgage Network was founded in 1988 by Robert McInnes and Albert Paré III. Mortgage Network can be found online at and can be followed on Twitter at @MNETMortgage.