St. Mary’s Bank, the nation’s first credit union, celebrated the opening of its new Mortgage Center in Portsmouth with a ribbon cutting and open house on September 14. The event was hosted by St. Mary’s Bank President/CEO Ron Covey and attended by Valerie Rochon, Chief Collaborator, The Chamber Collaborative of Greater Portsmouth; Ben VanCamp, Vice President of What’s Next, The Chamber Collaborative of Greater Portsmouth; Bill MacDonald, Networking Engineer, The Chamber Collaborative of Greater Portsmouth; and Derek Massey, President, Market Street Settlement Group.


From left: Valerie Rochon, Chief Collaborator, The Chamber Collaborative of Greater Portsmouth; Ron Covey, President/CEO, St. Mary’s Bank; Don St. Germain, Chief Lending Officer, St. Mary’s Bank; Karen Mayrand, Director of Residential Lending, St. Mary’s Bank; Brenda Hoefle, Residential Loan Officer, St. Mary’s Bank; Derek Massey, President, Market Street Settlement Group; Ken Senus, Chief Operating Officer, St. Mary’s Bank; and Bill McDonald, Networking Engineer, The Chamber Collaborative of Greater Portsmouth
 
The Portsmouth Mortgage Center—located at 170 Commerce Way, Suite 200 (second floor)— serves the mortgage needs of homebuyers in the Portsmouth area and throughout the Seacoast Region. The Center offers comprehensive mortgage services from applying for a mortgage to closing. Residential Loan Officer Brenda Hoefle welcomed visitors at the open house and looks forward to assisting Seacoast buyers with all their home financing needs.
 
The St. Mary’s Bank Mortgage Center follows a member-centric approach that meets each borrower’s unique needs. Flexible programs for homebuyers and investors include conventional and jumbo mortgages, adjustable rate mortgages, portfolio lending, government loans (FHA, VA, USDA Rural Development), first-time homebuyer programs, and more. St. Mary’s Bank also offers local processing and in-house title services.
 
“We have seen interest rates continue to be historically low and a real estate market that has become incredibly active, comments Karen Mayrand, Senior Vice President and Director of Residential Lending at St. Mary’s Bank. “As more people become first-time homebuyers, purchase new or second homes, or refinance existing mortgages, our experienced loan officers combine St. Mary’s Bank’s local presence with a personal touch to make the mortgage process exceptionally smooth process from application to closing.”
 
The credit union’s commitment to first-time homebuyers, in particular, has resulted in a “Top 10 Housing Lender” recognition by New Hampshire Housing for the last six years. The Mortgage Center at St. Mary’s Bank participates in New Hampshire Housing’s Home Flex and Home Flex Plus Programs, which help low- to moderate-income borrowers secure mortgages.
 
For more information or to schedule an appointment with a residential loan officer, contact the Portsmouth Mortgage Center at 603-228-5011 or stop by 170 Commerce Way, Suite 200 (Second Floor).