NewFed Mortgage rolls out the "Fast Track Mortgage"

NewFed's innovative technology roll out of their online self-serve "Fast Track Mortgage" system offers a speedy decision from loan application to loan approval in approximately 15 minutes!

Danvers, MA (5/16/17) –NewFed Mortgage Corp., a multi-state residential mortgage lender is excited to announce their "Fast Track Mortgage" loan origination technology integration with BeSmartee, an online mortgage automation company based in Huntington Beach, California.  This smart technology platform utilizes intuitive artificial intelligence targeting the specific needs and qualification of borrowers.

About New Fed’s Fast Track Mortgage

Fast Track is an online self- serve platform offering mortgage shoppers the convenience of 24/7 access to obtain a personalized rate and cost quote with the option to continue to apply and obtain a conditional loan approval in less than 15 minutes.  Fast Track streamlines the application process by allowing the borrower online to pull their own credit report, calculate costs, obtain loan disclosures on the spot and receive an automated loan approval and along with the option to order their home appraisal.  The ease of Fast Track Technology allows borrower to send documents right through their specially created account.

About NewFed Mortgage

NewFed Mortgage has specialized in residential retail mortgage lending since 2001.  Licensed in seven states, the company offers Conventional, Jumbo, FHA, VA, USDA and various state housing programs. Available products range from 1st time home buyer programs with little or zero money down, “pick your term” traditional fixed rate products, adjustment rate programs, and 203K renovation loans.

NewFed Mortgage President, Brian D’Amico, commented “I’m very excited to offer our Fast Track Mortgage platform.  "Our high tech platform dramatically speeds up the process for our customers and loan officers”.  John Wight, VP of Lending, comments “Fast Track was created to be a user friendly online option tailored by a borrower’s specific needs and goals whether it’s a purchase or refinance.”

Complimentary pre-qualifications, which can give first time buyers and any repeat homebuyers looking to purchase again the confidence to what they can afford, are available.  Unlike most big banks, one of the advantages of being a locally based East Coast regional lender is NewFed’s focus is solely just on mortgage lending.  NewFed takes an all-in team approach with personalized, open communication from very beginning of process right through to loan closing.

To learn more about the “Fast Track Mortgage” platform, contact NewFed Mortgage Corp. by calling

(877) 639-3331 or visit us online at www.newfed.com.

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NewFed™ Mortgage Corp. was founded in 2001 as a residential mortgage lender. NMLS#1881 MA License No. MC1881, CT License ML-1881, NH License No. 9474-MB, RI License No. 20041817LL, NJ Residential Mortgage Lender License, FL License No. MLD652, Maine Lender License#SLM8185.NewFED™ Mortgage is an Equal Housing Lender. Member of the MA Mortgage Bankers Association and Better Business Bureau of Eastern MA.