News

Northeast Financial is excited to announce that we will now be offering Connecticut 2nd Mortgage Loan Program.  Most noteworthy about this announcement is that many borrowers will now be able to avoid PMI on their upcoming mortgages.  A Connecticut 2nd Mortgage can either be done as a stand-alone mortgage or as a combination with a…
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First of all, if you are veteran, thank you for your service.  If you are a veteran looking to purchase a home or to refinance your existing mortgage, we can help.  Qualifying for a Connecticut VA Mortgage Loan is not difficult. Even more, this program allows you to purchase a property, refinance a property, or…
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Land and Home Construction Loans Construction Loans are a great option when considering a home purchase.   Doing a construction loan can be an easy process.  Especially, if you have the right company assisting you.  Our new financing option makes it easy with an FHA one-time close construction to permanent loan. First of all, this…
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FHA Streamline Mortgage Overview An FHA Streamline Mortgage is a great resource for borrowers that already have an FHA loan.  FHA loans are a federally insured home loans that allow borrowers to take advantage when rates begin to drop. Even more, the FHA streamline mortgage program does not require an appraisal and is a fairly…
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When Should I Refinance My Mortgage? Borrowers ask often if it is time to “refinance my mortgage.”  There are a few factors to consider before answering this question.  First of all, there needs to be a benefit to refinancing.  What are some benefits to consider: Will the rate be lower and save me money?  Is…
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USDA Loan Program   A USDA loan is a great option for many Connecticut Residents. The “Rural Housing” USDA Loan is a true 100% financing program federally insured by the US Department of Agriculture. It is called a Rural Loan by the USDA because it is handled by the Rural Development Department. USDA loans are…
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Connecticut Multifamily Loans Are you looking to make an investment and have your mortgage covered? If so, there are some great multifamily loans to choose from.   A multi-family property can be a duplex or a 2 to 4-unit home. Their are two main types of multifamily loans: FHA and Conventional Mortgages.  Owner-occupants may choose…
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