Mortgage Network, Inc. announced that Mark Rowe has joined the company’s Burlington, Mass. branch as a loan officer. Rowe will be focused on meeting the home financing needs of residents throughout Massachusetts, the company announced in a release.
In today’s competitive housing market, Rowe said it is critical for potential homebuyers to plan ahead and get pre-approved as soon as possible.
“The best advice I can give borrowers is to make sure they are working with an individual and company that will take the time to find the best products and programs to suit their needs,” he said in the release. “Many homes are generating multiple offers, so finding out what you can afford and having a pre-approval in hand when making an offer can put you ahead of the game.”
Current homeowners who haven’t refinanced their mortgages recently still have time to take advantage of low interest rates, Rowe added.
“While rates have increased over the past couple of months, they’re still historically low,” he said. “Homeowners who have equity built up in their home have a great opportunity to refinance at a more favorable rate and take out money to make home improvements, pay off debt, or even finance other expenses like college for their children.”
Billy Pierce, Mortgage Network Burlington branch manager, said he is “thrilled” with the new team member.
“He (Mark) knows the local market well and understands all of our mortgage product offerings. He will be instrumental in assisting homeowners and buyers make the right decisions for all their financing needs,” Pierce said.
“It’s great to be part of the Mortgage Network team,” Rowe said.