Mortgage Resources

Most home buyers confuse being pre-qualified with being pre-approved for a mortgage loan.  Much more weight is given to offers being made by buyers who have their financing in place through pre-approval. Be prepared to compete with other buyers by shopping for the right loan program for you, prior to signing a Purchase and Sales Agreement for your dream home.  Although we do not directly recommend a particular lender, below are a choice of area resources.

Traditional Home Loans

Meredith Village Savings Bank
Nanci Coughlin
82 Wolfeboro Highway
Alton, NH 03809
603-293-0374
www.mvsb.com

Mortgage Masters Inc.
Pat Jones
603-447-1101
603-986-6416
800-356-5150
Pjones@mortgagemasterinc.com
www.patjoneshomeloans.com

Northway Bank
John Szewczyk
2385 White Mountain Highway
West Ossipee, NH 03890
800-442-6666 ext. 4244
Jsez@NorthwayBank.com

Affordable Mobile Home Loans

Buying a mobile home in an approved Co-operative park is an affordable alternative.  The Community Loan Fund of NH is a valuable resource for the financing of mobile homes in approved parks.

Community Loan Fund
7 Wall Street
Concord, NH 03301
Ron Thompson-loan counselor
800-432-4110
603-341-4943
thompson@communityloanfund.org
www.communityloanfund.org

USDA Direct Loan Housing Program

An alternative to conventional financing is the USDA Direct Loan Housing Program for single family residences.  This type requires a homebuyer educational course.  Low to no down payment requirement, with income limits. For further information:

USDA, RURAL DEVELOPMENT
73 Main Street
Conway, NH 03818
603-447-3318 ext. 200
Beverly.mason@nh.usda.gov
http://www.rurdev.usda.gov/vt