Mortgage Network Introduces MN 55+

Mortgage Network, Inc., the largest independent mortgage company in the Northeast, today announced MN55+. The new advisory service is designed specifically for the unique needs of today’s mature homeowners. The 55+ age group represents several unique market segments that exemplify major shifts in their views and perceptions on life, work, health and wellness, shopping, travel, technology and finances. In the face of declining investment portfolios, many are turning to their largest asset, their home, and examining safe and secure ways to leverage the equity before home prices decline any further.

MN55+ combines many resources including CPA’S, asset managers, estate planners, attorneys, and debt counselors to offer counseling across a wide variety of areas to help borrowers determine the best programs suited to their short and long term needs. They’ll even meet and work with any existing advisors.

“One of the major problems leading up to the current lending crisis is that many brokers skipped over the analysis and expert advice portion of their jobs and put people in loans that they could get, not loans that they should get,” said Brian Koss, vice president and managing partner at Mortgage Network. “MN55+ takes the company’s core beliefs in responsible lending one step further with a comprehensive set of programs and services designed to help today’s mature homeowner make informed and fiscally responsible choices that protect themselves and their families.”

MN 55+ also offers comprehensive education for the burgeoning reverse mortgage market, helping home owners to determine which options are right for living and retirement planning, driven both by their strong desire to remain active and productive and to make ends meet over longer life spans. As families travel for the upcoming holidays, thoughts of today’s current economic situation will foster a different sense of fear and insecurity, prompting conversations across many dinner tables that have not been the norm in years past. The market warning signs were visible long before the stock market became unstable. This year, it is urgent for families to assist older relatives in learning about the options available to them to safeguard and protect the value in their homes before it is too late.

Mortgage Network is one of the industry’s best kept secrets and a financially stable and dependable lender. The company was founded twenty years ago by Robert McInnes and Albert Paré III who have carefully managed and grown key areas of the company, resisting high growth speculative opportunities and maintaining high quality services and standards. The company attracts and hires only experienced debt management experts who conduct business with the highest level of ethics.

For more information on MN 55+, please call 1-877-245-0755 or visit http://www.mortgagenetwork.com.

Mortgage Network, Inc. is a private mortgage banking company founded in 1988 by Robert McInnes and Albert Paré III who have co-managed the Company since its inception. Mortgage Network is the largest independent mortgage company headquartered in New England. The Company’s unique combination of experience, product development, and commitment to providing great service has made Mortgage Network an industry leader. Mortgage Network, Inc. currently provides mortgage banking services in over forty states and originates loans through both retail and wholesale channels. The Company has established twenty-seven regional lending offices providing retail mortgage services on the East Coast from Maine to Florida and West Coast including California, and provides wholesale mortgage services through Account Executives nationally. Mortgage Network can be found on the World Wide Web at: www.mortgagenetwork.com.