Neil Cremin - Loan Officer

Neil Cremin - Loan Officer Delivering customized solutions for Residential Lending since 1999. Residential Mortgage Provider NMLS #905753

What is it that I do? Thank you,

I Look at someone’s situation and see if I can better it through the Refinancing of an existing Mortgage, Pre-Qualification to buy a new Home, or mesh their financial timelines and goals with a Payment and Term that fits into their overall life plan. Please inform those contacts you believe could benefit from having a conversation with me know what I do, how I can be reached, and that I’m availabl

e anytime to discuss potentially improving their situation. I look forward to assisting you in the near future. Consultations are free of charge and without obligation. I have been in the Lending Business since 1999. My focus is on delivering customized funding solutions for Residential Lending and establishing long term relationships with my clients. I hope we can discuss how I may be of assistance in the near future.

NewFed Mortgage proudly offers our Community Champions program = Providing a special discount in the form of a Lender cr...
08/24/2026

NewFed Mortgage proudly offers our Community Champions program = Providing a special discount in the form of a Lender credit towards closing costs or a preferred rate (“Preferred Rate” is a cost/pricing reduction to the to the standard market interest rate for FHA or standard agency Conforming loans to which you qualify*) for the following:

- Medical and Nursing, Dental, and Veterinary professionals
- First responders, Firefighters, Police Officers
- Town, City, and State Employees
- Teachers/Educators & Administrators
- Current or retired Military service members
*Does not apply to special agency subsidized programs or HFA programs (Mass Housing. Non-QM products, and so on)

An example of how committed NewFed Mortgage is to make a difference in the lives of those who help our community. Please share with your peers, those in your sphere of influence, and other professionals who interact with individuals in the fields referenced looking to purchase or refinance. The discount/credit is 25bps which equates to $250 in savings per $100,000 borrowed. Let’s discuss a purchase preapproval or refinance...
781-752-9442 [email protected] NMLS #905753

Have a deal you wish to discuss? Reach out and let’s find a path forward.* Jumbo, Conventional (Standard Fannie Mae/Fred...
08/11/2026

Have a deal you wish to discuss? Reach out and let’s find a path forward.

* Jumbo, Conventional (Standard Fannie Mae/Freddie Mac) ...
* FHA, VA, USDA, Mass Housing...
* Down Payment Assistance/Available Grants...
* Commercial Financing...
* Interest Only, 40-year term, and other qualifying/budgeting flexibility...
* Investor/Non QM Products that allow for greater accommodations for Non-Owner-Occupied Properties, complex income profiles, or unique properties (Non warrantable Condos, greater than 4 units) ...
* A Local Lender with local Processing/Underwriting (Greater efficiencies) ...

781-752-9442
[email protected]
NMLS # 905753

Our flexible non-QM products are designed to overcome obstacles, find solutions, and preserve opportunities; Including f...
07/27/2026

Our flexible non-QM products are designed to overcome obstacles, find solutions, and preserve opportunities; Including financing for non-warrantable condos.
-Investor concentration in project up to 100%
-No HOA budget reserve requirements

Loan Products:
HELOC & Closed End Second, DSCR, and Bank Statement loans.
Highlights:
Loan amounts to $3.5 million (Max loan amount varies by product). Credit scores down to 620 (Minimum scores vary by product).
Standard full doc, 1-year P&L, 12 or 24 months personal or business bank statements and asset-based lending as income.

Have a deal you wish to discuss? Reach out and let’s find a path forward. 781-752-9442 [email protected] NMLS # 905753

-Downpayment Assistance options-Non-Traditional finance options that better accommodate Real Estate Investors, Self-Empl...
07/25/2026

-Downpayment Assistance options
-Non-Traditional finance options that better accommodate Real Estate Investors, Self-Employed/Business Owners, or "unique" properties.
-Home Equity lending for renovations, Investment properties, and loan to value/fico score requirements that are less restrictive than local banks
-Full menu for Traditional/Agency Lending (Fannie Mae, Freddie Mac, FHA, VA, USDA, Mass Housing, and so on)

Let's discuss...
781-752-9442 [email protected] NMLS # 905753
https://lnkd.in/eKFsjnf8
(Access to the portal to complete a pre-approval, purchase, or refinance application when ready or to gain access to mortgage calculators, industry updates, and other resources to prepare you for the lending process prior to being application ready)

07/23/2026

REMINDER: Agency HOA Changes for 2026 & 2027.
3/18/2026 Changes notice: Lender Letter LL-2026-03 Updates to Project Standards & Property Insurance Requirements | Fannie Mae

-Limited Review Process: Starting August 3, 2026, the "limited review" process for condo sales will be discontinued, meaning nearly all sales will require a full review.
-Reserve Funding Requirement: Associations must dedicate at least 15% of their annual budgets to reserves by January 4, 2027, which is an increase from the previous requirement of 10%.
-Financial Oversight: Associations will need to provide more documentation and coordination, leading to potentially longer sales processes.
-Insurance Requirements: New rules will require associations to maintain insurance at replacement cost, with a per-unit deductible capped at $50,000 effective July 1, 2026.
-Investor Limits: The 50% investor concentration limit has been removed, making it easier for new projects to qualify for financing.

Association Board Members and Property Managers are urged to:
-Engage ALL key partners & Legal. Review reserve studies and funding plans. Convene with leadership and the reserve study provider to ensure budgets and reserve funding align with new minimum requirements and reflect the highest
recommended funding levels.
-Evaluate insurance coverage and deductibles. Identify potential compliance gaps and prepare for evolving requirements.
-Prepare for & anticipate increased lender scrutiny. Ensure your association is ready to provide detailed information in lender questionnaires for upcoming condominium sales.
-Proactively communicate with homeowners. Make sure they understand their responsibility to carry insurance that covers gaps in the association’s master policy, including applicable deductibles, and comply with new federal requirements.
Disclaimer: The information provided here is for general informational purposes only and is not intended as legal, financial, or professional advice. Read all the agency notices in full and consult the proper industry representatives.

These changes aim to enhance financial stability and oversight in condo associations, impacting both buyers and sellers. Short term, we will probably see more “non-warrantable” designations per agency guidelines until the Associations
and Property Management companies can restructure existing budgets and bylaws. As a result, this will make the non-QM lending product space an arrow that must be in your Loan Officer’s quiver.

Realtors: Educate Sellers & Borrowers that a traditional agency loan may not be an option through the remainder of 2026 or early in 2027; And to have a “back-up” option ready (Cash purchase or non-QM/Specialty Lending pre-approval
secured).
Borrowers: Let’s discuss… 781-752-9442
[email protected]
We are the partner you can trust.
Impeccable BBB rating & 5 Star Lender Status.

NewFed Mortgage + You = A Great PairingRealtors, Buyers, and Mortgage Professionals...We are the Partner you can trust t...
07/15/2026

NewFed Mortgage + You = A Great Pairing
Realtors, Buyers, and Mortgage Professionals...

We are the Partner you can trust to engage completely to assist your pursuits. Let's discuss...

[email protected] 781-752-9442 Neil Cremin - nmls # 905753

"Summer Smash" Purchase Promotion = 25 basis points lender credit (Equates to $250 per $100,000 borrowed)Eligible Loans:...
07/06/2026

"Summer Smash" Purchase Promotion = 25 basis points lender credit (Equates to $250 per $100,000 borrowed)

Eligible Loans: Conventional, FHA, VA, USDA up to the Conforming loan amount for Purchase transactions only.

Let's discuss... 781-752-9442... [email protected]... NMLS #905753... https://myloans.newfed.com/homehub/login

07/03/2026

Wishing you and yours a Happy Independence Day on July 4th. Take time away from the daily grind to celebrate the historic milestone (250 years) and enjoy a weekend of fun, friends, and family.
Come Monday, we will be here to help assist in your pursuit of Homeownership/Refinance happiness. Our robust menu of financing options provides solutions for just about everyone. In addition, we are providing some cost saving measures for our clients:

"Summer Smash" promotion = 250 basis points lender credit (Equates to $250 per $100,000 borrowed) Eligible Loans: Conventional, FHA, VA, USDA up to the Conforming loan amount on Purchase transactions only.

"Community Champions" program = 250 basis points lender credit (Equates to $250 per $100,000 borrowed)
Eligible Loans: Conventional, FHA, VA, USDA up to the Conforming loan amount on Purchase or Refinance transactions for the eligible borrowers within the following professions:
*Medical and Nursing, Dental, and Veterinary professionals
*First responders, Firefighters, Police Officers
*Town, City, and State Employees
*Teachers/Educators & Administrators
*Current or retired Military service members

Let's discuss ... 781-752-9442 [email protected] NMLS #905753
Be well,

Ending 7/2/2026 = Mass Housing 0% Interest, No Monthly Payment, $25,000 Down Payment Assistance Promotion eligible trans...
06/26/2026

Ending 7/2/2026 = Mass Housing 0% Interest, No Monthly Payment, $25,000 Down Payment Assistance Promotion eligible transactions must be locked prior to end of business for the lock desk 7/2/2026.

-This was a terrific initiative to help homebuyers, increase market activity, and another demonstration that Mass Housing IS committed to making home ownership attainable in the Commonwealth.
-The standard $25,000 Mass Housing Down Payment program IS still a tremendous program that provides greater affordability to homebuyers with a LOW-interest rate 2nd position loan at 2%* or 3%* for a 15yr term. *Interest rate eligibility varies based on borrower profile, program specific guidelines, and other eligibility factors that can only be established AFTER the review of a fully complete file submission with all required documentation necessary for decisioning (Income, Assets, Credit, and so on)

Let's discuss the above, other down-payment assistance options, and our robust product menu... 781-752-9442 [email protected] NMLS #905753

Address

234 Sutton Street
North Andover, MA
01845

Telephone

+16036101811

Website

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