Veteran originator brings expert knowledge of both Philadelphia and Jersey Shore markets
DANVERS, MA ─ Stephen Bachman (NMLS #403742) has joined Mortgage Network Inc., one of the largest independent mortgage lenders in the eastern U.S., as a branch manager in the company’s Wildwood office. In his new role, Bachman will be responsible for serving home buyers and homeowners throughout the Philadelphia and Jersey Shore areas.
Based in Danvers, Mass., Mortgage Network provides mortgage banking services in more than 20 states through a wide variety of retail offices built to fit each local market. Mortgage Network is more focused and agile than many larger competitors, which allows the company to provide a high level of service to its customers and its business and referral partners.
Bachman brings to Mortgage Network seven years of mortgage banking experience in the Philadelphia and Jersey Shore areas. Most recently, he served as a loan originator for EverBank. A Navy veteran Bachman is a native of Ocean City, where he resides with his wife, but is a former Philadelphia area resident. As a result, he has a strong knowledge of the entire South Jersey area and the versatility to handle situations in both the city and shore lending landscapes.
“Steve’s unique knowledge of both Philadelphia and the New Jersey Shore makes him the perfect fit for this role,” said Ted Lawler (NMLS #403956), Mortgage Network regional manager. “He will be able to help borrowers whether they’re looking for a primary residence near the city or a vacation home near the beach—or if they need to refinance.”
“I look forward to not just competing but dominating in these marketplaces, thanks to Mortgage Network’s wide array of lending products and programs and its best-in-class customer service and great support staff,” Bachman said.
Bachman is optimistic about the South Jersey real estate market. “Home prices in the shore area are still below their peak from before the Great Recession, and there is a large inventory of affordable homes,” Bachman noted. “Combined with today’s low mortgage rates, millennials and other first-time homebuyers couldn’t ask for a better time to buy a home, and we can help them do it.”
Bachman can be reached via email at sbachman@mortgagenetwork.com or by phone at (609) 957-6003.
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