Bay Mortgage Services

Bay Mortgage Services is a licensed mortgage lender in the states of Massachusetts, Connecticut, Rhode Island, Maine and Florida. They have been providing mortgage services for over sixteen years. Peter Lucido is the president of the company and strives to make the customer for life policy a reality. The loan officers at Bay Mortgage Services don’t just sit behind a desk. They represent Bay Mortgage in the local community by developing relationships with, promoting products/services to and generating referral business from realtors, builders and other potential business partners. They are a dynamic part of this growing company. While it is a growing concern, it is still a family business at heart and employees and customers alike are treated as such.

Bay Mortgage Services funds for residential and commercial properties. They have a network of over 75 commercial investors to provide their commercial borrowers the flexibility with which most banks can’t compete. Bay Mortgage can do a commercial loan anywhere in the U.S., with loan amounts up to 20 million. For the residential customer, Bay Mortgage Services has numerous loan programs available. They will sit down with their clients and discuss the pros and cons of purchasing and /or refinancing. Beyond just the satisfaction the home owner derives from owning his home, Bay Mortgage Services can advise their clients on the tax advantages and aid in obtaining the best mortgage for his circumstances. They will advise their clients on the right time to move in the housing market.

Loans offered by Bay Mortgage Services :

Their website details many of them to aid the client in choosing the best fit for his needs. Here are some of their offerings:

  • 15 and 30 Year Fixed Rate Mortgage
  • 10/1, 7/1, 3/1, 1 Year, 6 Month and 1 Month Adjustable Rate Mortgages
  • 7and 5 Year Balloon Mortgages
  • First Time Buyer Programs
  • Stated Income Programs
  • No Points/No Fees Programs
  • Imperfect Credit Programs
  • Home Equity Loans
  • Home Equity Lines of Credit
  • Piggyback Loans
  • Debt Consolidation Programs
  • Home Improvement Loans

That is not all they have to offer! Bay Mortgage Services has all sorts of handy loan calculators included on their website. The potential borrower can find out how much he can afford, how much his housing payments per month would actually be (loan payment, taxes and insurance), what kind of down payment he would need and even figure out if he’d save money by consolidating his debts. An online application is also available. Bay Mortgage Services claims that they can help, even if the customer has been turned down elsewhere. Give them a try!

Mortgage Guide is not directly affiliated with any mortgage broker or lender and cannot make any guarantee as to the lender affiliation of any broker or agent which contacts you. Company information on our site is for informational purposes only.

This site is not a broker and does not collect or solicit mortgage applications. Content is for informational or comparison purposes only. Services are not available in New York. Products and services may not be available in all other states.