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Mortgage

Mid-Island Mortgage: Save on the largest purchase you’ll ever make

Whether or not it’s your first time buying or refinancing a home, you’re probably feeling overwhelmed at the prospect of it. Because it’s an infrequent or one-time-only event, you might not have a clear understanding of the process – or the cost – of purchasing a home. This is where Mid-Island Mortgage can help. As a direct lender since 1959 with a regional office in Woburn, they’ll provide you with a combination of local market knowledge and savings on the most expensive item you’ll ever buy.

I had a great experience refinancing with Mid-Island Mortgage Corp. At first I was a little skeptical of all the discounts associated with the refinance but they proved to be true. I saved more than $2,000. I couldn't wait to tell other people at work about this great opportunity that's available to MTA members. - Ryan C, Pembroke Teachers Association

The UnionDirect™ Mortgage Discount Program from Mid-Island Mortgage provides special discounts up to $3,000 for MTA members on the following fees:

  • Loan Origination
  • Lender’s Attorney
  • Title Exam
  • Plot Plan
  • Title Insurance

These discounts are applicable for home purchase, refinance and renovation loans and help take the sticker shock away from the closing table.

Additionally, UnionDirect provides leading interest rates, custom mortgage options and personalized 24/7 service, so you can be confident that you’re receiving the strongest mortgage options for the lowest cost.

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New Fed Mortgage: Preferred rates and fees for members

New Fed Mortgage consists of a local team of specialists with more than three decades of experience serving MTA members. Their goal is to make the process simple, positive and stress-free by guiding members from the application process all the way through loan closing. Whether you’re a first-time homebuyer, refinancing or purchasing an investment property, New Fed can help you to achieve your home ownership dreams.

MTA members receive:

  • Preferred rates and closing costs, saving members an average of $2,200 per transaction (based on a $300,000 loan)
  • A dedicated team of mortgage specialists
  • Fast-track underwriting and loan processing
  • Educational seminars

Learn More

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