Local Financing

Kimberly Bonomi  508.737.5363

Kim has been in the mortgage banking business since 1996 and is a consistent top producer. She lives on Cape Cod with her husband, 2 horses and dog.  A “Customer for Life” motto is the level she strives for with every referral. Allow Kim to lend you her expertise.  

Radius Financial Group Inc. is an innovative full service residential and commercial mortgage banker.  We offer a wide range of loan programs and services to meet the unique needs of our customers.

We consistently produce quantifiable results because:

• We engage and collaborate with our clients in generating solutions rather than dictating to them.
• We measure our success by how much we positively impact our client’s life.
• We constantly help our clients develop new ways to look at the equity in their homes and financing options that may open the doors to other financial opportunities.

Radius offers a wide variety of residential mortgage programs and services that enable us to custom build a loan suited to the borrowers individual needs and circumstances. Here are few examples of how we have been able to make a positive impact on the people we work with:

• “It was a pleasure working with Kim Bonomi.  She made the mortgage process quick and stress-free!“
• “Our bridge loan was the perfect solution to buying our new dream home.“
• “Our Home Equity Line enabled us to add a new addition to our home.”

Specialized Services For Your Home Loan:

• Free Pre-Approvals
• First-time Homebuyer
• Delegated  FHA & VA     
• MHFA
• Jumbo Loans
• Super Jumbos
• Condos
• In-House Underwriting

Maryann Taormina

Mortgage Consultant
508.237.1424 (cell)
508.437.1065 (fax)
877.Mary.Tee (toll-free)
mtaormina@mortgagemasterinc.com
www.mortgagemasterinc.com

Since its founding in 1988, Mortgage Master has been defined by a steadfast commitment to customer service. Our goal is simple: To help consumers get the mortgage products that best meet their unique financial needs and investment strategies.

With hundreds of employees nationwide and dozens of experienced loan experts providing services in the majority of states, Mortgage Master consistently lends over $2 billion annually, and has been recognized consistently for being the largest volume lender on first mortgages in Massachusetts. What’s more, we also enjoy the two-fold distinction of being the country’s largest independently owned mortgage company and for employing more of the top loan officers in dollar volume than any other independently owned U.S. lender. We have the ability to lend in more than 40 states through our corporate headquarters in Walpole, Massachusetts and satellite offices in Connecticut, Illinois, Pennsylvania and New Jersey.

Mortgages Made Easy

Mortgage shopping can be a highly complex process. That’s why our team of professionals works closely with you to develop an in-depth understanding of your current situation and objectives. Based on this assessment, we take the time to discuss relevant mortgage alternatives and clearly explain their differences. Unlike brokers that act as agents between mortgage providers and mortgage customers, Mortgage Master uses its own funds to initiate and close loans. That means the process of securing a mortgage is greatly simplified. You work directly with our experienced representatives, who are familiar with your situation and ensure that you understand all available options.

We're With You … Every Step Of The Way.

We operate under contract with our investors as a licensed lender in Massachusetts and several other states. As such, we work with you throughout the entire process rather than “hand you off” to another company before the loan agreement is finalized. At Mortgage Master, one loan officer coordinates all of the logistics of your loan process, including:

• Reviewing your documents;
• Hiring a closing attorney; and
• Ordering the appraisal;
• Getting your loan approved.

In short, I will manage the entire loan process on your behalf — so you can focus on more important concerns. And, to ensure that everything runs smoothly, I will be available to provide continuous updates as developments warrant.

Find Out How I Can Help You

Given our broad range of products and resources, we can offer the best available rates in the industry. Furthermore, by working with vendors who share our commitment to customer value, we can provide the highest quality mortgage packages — at the lowest possible costs. For more information, call Maryann 508.237.1424. Or email mtaormina@mortgagemasterinc.com.

Condominium financing is very similar to obtaining financing for a single family home with the biggest difference being that not only does the borrower need to qualify for the mortgage, but the condominium complex must qualify as well.

There are different lending guidelines for established complexes versus new complexes so it is best to check with a mortgage professional on the updated requirements as these guidelines can change.  Some of the factors that a lender will evaluate in determining if the condo is approved for financing are:

1. Number of owner-occupied/2nd home units versus investment units
2. Adequate insurance coverage maintained by the association and enough funds to cover the deductible
3. Annual budget must have 10% set aside for capital reserves
4. Condo documents must have the correct language protecting the mortgagee’s rights
5. New complexes must have a minimum number of units sold

It is actually beneficial to condo buyers that the lender is reviewing the above requirements as it will help to protect your investment and future interests as well.

The mortgage requirements to finance a condominium are no different than qualifying for financing to purchase a single family home.  The lenders will evaluate your credit score, debt to income ratios and the amount of your down payment.  If it will be your primary residence, FHA financing allows you to purchase with as little as 3.5% down.  Second home purchases require a minimum of 10% down and investment purchases require 25% down.