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New location expands reach in one of New England’s hottest housing markets

 June 7, 2022 – Danvers, Massachusetts – Mortgage Network, Inc., one of the largest independent mortgage lenders in the eastern U.S., has opened a new branch office in Warwick, Rhode Island to assist more residents in the state with all their home financing needs.

Jayne Furlong (NMLS #3552) will serve as branch manager for the new office. An industry veteran with over 35 years of financial experience, Furlong joined Mortgage Network in Danvers, Massachusetts as a sales manager in January.

The new office expands Mortgage Network’s presence in Rhode Island, which has become one of the hottest housing markets in New England. According to the Rhode Island Association of Realtors, the median home price rose more than 15% in 2021 to $375,000.

Because local housing inventory is very low, Furlong encouraged prospective homebuyers to get preapproved as early as possible.

“We encourage anyone who is thinking about buying a home to speak with a trusted mortgage professional and determine what is needed to qualify for their dream home,” Furlong said. “An experienced loan officer can help you set realistic goals and get the best possible financing for your new home.”

“I’m honored to lead our new branch and look forward to meeting with many new and existing clients,” Furlong added. “We have a strong team here and we’re ready to provide the best customer service to all residents who need to buy or refinance a home. The market can be a bit overwhelming these days, but we’re ready to help our clients navigate it from beginning to end.”

Furlong is a member of the Mortgage Bankers Association (MBA), the National Association of Mortgage Bankers (NAMB), the Rhode Island Mortgage Bankers Association (RIMBA), and was the first person in Rhode Island to earn RIMBA’s Certified Mortgage Professional (CMP) designation.

Joining Furlong at the Warwick branch are loan officers Ruth Fortune (NMLS #2172266), Pat Baldwin (NMLS #1063182) and Stephen Antonelli (NMLS #18763), sales assistant Lisa Sarmiento (NMLS #927816) and mortgage processor Beverly Littlejohn.

The new office is located at 615 Jefferson Boulevard, Unit 2058, Warwick, Rhode Island, 02886. Mortgage Network continues to recruit more mortgages professionals for its new office and other locations. For more information visit the company’s careers site.

Furlong can be reached at (401) 345-3305, by email at jfurlong@MortgageNetwork.com, or through her website at www.jaynefurlong.com. She can also be reached via social media on LinkedIn, Facebook, Instagram and Twitter.

 

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.mortgagenetwork.com.