Market Overview

Mortgage Master Continues Expansion by Opening Brooklyn, NY Branch

Leading independent mortgage banker enters one of America's leading real estate markets. Striving to provide Brooklyn borrowers some of the lowest mortgage rates and best in class service

Brooklyn, NY (PRWEB) January 23, 2013

Mortgage Master, a super-regional mortgage bank and one of the Country's largest privately- owned mortgage companies, today announced it has opened a new branch in arguably the trendiest area of New York, the Brooklyn neighborhood of Williamsburg.

“With a wave of economic development spurred by zoning changes, tax breaks and other incentives, Brooklyn has become an important real estate market, which increasingly includes new condos. Mortgage Master's offerings are ideal for this market, and opening an office in Williamsburg is simply a win win for us and Brooklyn borrowers looking to refinance or purchase a home,” commented Paul Anastos, President of Mortgage Master. “From DUMBO to East Brooklyn, the need for personalized mortgage lending has increased in order to help move the economic revitalization of the borough forward and enhance its powerful culture.”

Mortgage Master's new Brooklyn branch is located at 697 Lorimer Street and will be led by co-branch managers Peter Costakos and Peter Lucia. Mr. Costakos and Mr. Lucia bring 27 years of combined residential lending experience to the Brooklyn real estate market and are committed to helping borrowers find the right mortgage solution by combining the lowest rates on the majority of products in the industry and best in class service.

“Mortgage Master has been assisting borrowers in Brooklyn for nearly a decade,” said Mr. Costakos. “We know these markets inside and out, particularly the condos and co-ops markets. Mortgage Master is privately-owned with a history of exceptional volume and quality over the past 25 years, which allows us to provide a full-suite of lending solutions where other small and large lenders fall short. We are here to help borrowers, and fill the void that was once dominated by mortgage brokers who have left this market. ”

“The arrival of the Brooklyn Nets is just one of the many changes we have seen in various neighborhoods over the past decade. We are proud to be part of history, providing the fundamental foundation of sustainable homeownership for families throughout Brooklyn,” said Mr. Lucia.

To contact Peter Costakos please call 347.529.4272, or email pcostakos@mortgagemaster.com and for Peter Lucia please call 917.952.9091, or email plucia(at)mortgagemaster(dot)com.

Mortgage Master is licensed in 22 states and the District of Columbia, with a significant presence in California, Connecticut, Massachusetts, Maryland, New Hampshire, New Jersey, New York, Pennsylvania, and Rhode Island. The company employs more of the top 200 loan officers in annual dollar volume than any other lender in the U.S.

About Mortgage Master
Mortgage Master, Inc. (http://www.mortgagemaster.com) is a Massachusetts Company founded in 1988 by Mr. Leif Thomsen. Since then, the company has grown to become the largest volume lender of mortgages in Massachusetts. Mortgage Master is one of the country's largest independently owned mortgage company, funding over $7.3 billion in 2012. Mortgage Master employs more than 700 employees nationwide, with approximately 250 loan experts. The corporate headquarters is located in Walpole, MA, with satellite offices in California, Connecticut, New Hampshire, New Jersey, New York, Pennsylvania, Maryland, and Rhode Island.

Media Contacts:

John Lovallo, LEVICK - Telephone: 212-823-2002 - Email: jlovallo(at)levick(dot)com     
Holly Holt, LEVICK - Telephone: 202-973-5302 - Email: hholt(at)levick(dot)com

For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2013/1/prweb10348363.htm

 

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