Trusted Mortgage Lender in Florida

Customized home loans tailored for Florida buyers, with local service and national strength.

Our Sunshine State Promise

Purpose: make Florida homeownership possible—first homes, second homes, and retire-in-place moves. Vision: local service + national resources, always relationship-led. Mission: speed, clarity, and smart programs (DPA, doctor-only, investor, bridge). Culture: accessible loan teams, intuitive tech, and post-close support—so your financing stays right as life evolves.grams (DPA, doctor-only, investor, bridge). Culture: accessible loan teams, intuitive tech, and post-close support—so your financing stays right as life evolves.

Danvers Branch

Reading Branch

North Andover Branch

Oldsmar Branch

Loan Officers In Florida

Christina Teears

Loan Officer
Danvers, MA
Licensed in FL
NMLS #1988127

Bill Teears

New Construction Sales Manager
Danvers, MA
Licensed in FL, AL & CO
NMLS #2088252

Randy Galloway

New Construction Sales Manager
Jacksonville, FL
Licensed in FL
NMLS #506523

Cheryl Allen

Loan Officer
Melbourne, FL
Licensed in AL, FL & TN
NMLS #432408

Patrick Wheeler

Producing Branch Manager
Marlton, NJ
Licensed In NJ, FL & PA
NMLS #2034378

Doug Perry

Branch Manager
Reading, MA
Licensed In MA, RI, ME, FL & CT
NMLS #49193

Bruna Valente Bua

Loan Officer
Reading, MA
Licensed in MA, IL, NH & FL
NMLS #2035430

John Reddington

Loan Officer
Milton, MA
Licensed in MA, RI, CT, NJ, ME, NH, FL & TX
NMLS #1958082

Joseph Lacy

Loan Officer
Marlton, NJ
Licensed in NJ, PA, VA, FL & IL
NMLS #1885382

Ryan Ivory

Loan Officer
Charlotte, NC
Licensed in NC, SC, FL, IL & NJ
NMLS #2022954

Danielle Courtemanche

Producing Branch Manager
Reading, MA
Licensed In MA, NH, IL, LA CT, RI, ME, & FL
NMLS #1805721

Al Petrilli Jr.

Loan Officer
Winthrop, MA
Licensed In MA, NH, CT, ME, FL
NMLS #1303164

Richard Balmer

Loan Officer
Danvers, MA
Licensed in CT, FL, MA & NH
NMLS #6439

Michael Rice

Senior Loan Officer
Danvers, MA
Licensed in MA, NH, RI, CT, ME, GA & FL
NMLS #47904

Richard Garofalo

Senior Loan Officer
Danvers, MA
Licensed in MA, NH, ME & FL
NMLS #413811

Florida Mortgage & Housing Market Insights

Median Home Price

The average home value in Florida is $389,400, reflecting a 3.2% decrease over the past year. Explore loan options to finance your future, talk with our loan officers today.

Affordability Index

In the Miami-Fort Lauderdale metro area, typical homebuyers are now spending 44% of their household income on mortgage payments, up from about 30% between 2005 and 2021. This indicates that housing affordability remains a significant challenge in Florida.

Financed Property Types

The most commonly financed property types in Florida continue to be single-family and multi-family homes. NewFed Mortgage provides flexible loan options for a variety of homes.

Florida at a Glance

Population

22,244,823

Average Household Income

$88,267

Ranked #3 for Education in the nation

Top 3 Industries: Tourism, Agriculture, Aerospace

Mortgage Options for Florida Homebuyers

Conventional Loans

Best for people with steady income and good credit who want low-interest rates.

VA Loans

A top choice for veterans, active military, and their families to buy a home with no down payment.

USDA Loans

Best for people buying a home in the country, with no down payment and low costs.

Renovation Loans

Helps buyers fix up a home while buying it, all in one loan.

Reverse Mortgages

A good choice for older homeowners who want to get money from their home without selling it.

Non-Conventional Loans

A good option for people who don’t qualify for regular home loans but need a special loan.

Jumbo Loans

Great for buying high-priced homes that need a bigger loan than usual.

HELOC Loans

Lets homeowners use the value of their home to get money for projects or bills.

FHA Loans

A smart pick for first-time homebuyers or people with lower credit who need a small down payment.

Mortgage Pricing & Affordability Calculators

Crunch some numbers to see what options you may have. These calculators are a great way to start exploring your possibilities. To get a true loan estimate, reach out to one of our mortgage loan officers! We will get you pre-approved and shopping with confidence.

Five Things to Know When Starting the Homebuying Process

Just getting started on your homebuying journey? Our free guide, 5 Things to Know When Starting the Homebuying Process, is packed with expert tips to help you feel confident and prepared from day one. Learn how to get pre-approved, understand hidden costs, act fast in competitive markets, and more. Download your copy today and take the first step toward smart, stress-free homeownership with NewFed Mortgage by your side.

Why More Florida Buyers Choose NewFed Mortgage

Fast closings (39% faster than industry average)
Local loan officers
Modern (and mobile-friendly) tech + personal support
20+ years of local mortgage lending

What Our Clients Say About Us

NewFed Mortgage Corp.
98 High Street, Suite 2, Danvers, MA 01923
info@newfed.com | 877-639-3331

Corporate NMLS #1881 | CT Mortgage Lender License No. ML-1881; DE Lender License #039759; FL Mortgage Lender License No. MLD652; IL Residential Mortgage Lender MB.6761394; ME Supervised Lender License No. SLM8185; MD Lender License No. 23542; MA Mortgage Broker and Lender License No. MC1881; MI Mortgage Lender License No.FR0023182; MS Mortgage Lender License No 1881; NC license# L-200139; NH Mortgage Banker License No. 9474-MB; NJ Residential Mortgage Lender License; NJ RMLA-Licenses Mortgage Servicer Registration; OK Mortgage Lender License #2538943; PA Mortgage Lender License No. 69370; RI Lender License No.20041817 LL; RI Loan Broker License No. 20041818LB; SC Mortgage Lender/Servicer #2342388; TN Mortgage License 1881; TX – SML Mortgage Company License #1881; VA Lender License No. MC-6914.

New Fed Mortgage Corp. is an Equal Housing Lender.
Member of the MA Mortgage Bankers Association and Better Business Bureau of Eastern MA

https://nmlsconsumeraccess.org/