Population
6,794,422
Average Household Income
$123,174
Lydia Mikhail
Senior Loan Officer
Taunton, MA
Licensed In MA
NMLS #11995626
Trusted Mortgage Lender in Massachusetts
Customized home loans tailored for Massachusetts buyers, with local service and national strength.
Born in New England, Built to Serve Massachusetts
For 25+ years, we’ve helped Massachusetts buyers—from Boston to the Berkshires—secure financing with confidence. Vision: be the Bay State’s go-to relationship-first lender. Mission: deliver fast approvals, competitive programs, and a personal touch every step of the way. Culture: integrity, accountability, and community focus—your mortgage, done right.
Our motto is “mortgages for every stage of your life,” so if you’re a Massachusetts resident – be it from Boston, the North Shore, the South Shore, Cape Cod, MetroWest, or western Mass – including the Berkshires and Pioneer Valley – who’s searching for a first-rate mortgage lender in Massachusetts to help you secure a home loan or refinance an existing property, then let our experts at NewFed Mortgage Corp. assist you! As a trusted mortgage lender in Massachusetts, we’re here to guide you through the various mortgage property types, explain what refinancing means, and clear up any confusion surrounding reverse mortgages.
Danvers Branch
Reading Branch
North Andover Branch
Reading Branch
Danvers Branch
Winthrop Branch
North Andover Branch
Loan Officers In Massachusetts
Massachusetts at a Glance
Massachusetts Mortgage & Housing Market Insights
Median Household Income
According to the U.S. Census Bureau, the median household income in Massachusetts is $99,858. Don't let that deter you from exploring financing. We have several programs that can help you save.
Median Home Price
Zillow reports that the average home value in Massachusetts is $628,654, reflecting a 5.1% increase over the past year.
Affordability Index
Research indicates that the median household income as a percentage of home value is 15%. While this suggests that housing affordability is a significant challenge here, we can help!
Financed Property Types
The most commonly financed property types in Massachusetts continues to be single-family and multi-family homes.
Mortgage Options for Massachusetts 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.
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.
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.
Ask Us About MassHousing
Partnered with MassHousing, we can offer eligible homebuyers additional savings on their home purchase. Speak to one of our Massachusetts loan officers to learn more and discuss your eligibility.
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 Massachusetts 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
