Whether you're a first-time buyer, experienced homeowner, or are looking to refinance, we understand the Vermont market. Whether you're a first-time home buyer, experienced homeowner, or are looking to refinance with no closing costs, Mark Chaffee understands the Vermont mortgage market.
Mark is one of Vermont's premier mortgage and refinance advisors with over 25 years experience in finding the right mortgage program to meet your individual needs.From first time home buyer programs like VHFA, low down-payment programs like FHA, to conventional and Jumbo mortgages, Mark's experience will assure you access to low rates, low costs and the best possible advice.
Mark is one of Vermont's premier mortgage and refinance advisors with over 25 years experience in finding the right mortgage program to meet your individual needs.From first time home buyer programs like VHFA, low down-payment programs like FHA, to conventional and Jumbo mortgages, Mark's experience will assure you access to low rates, low costs and the best possible advice.
Services
We are a relationship-driven business that offers our clients the best service in the industry. Shawn Chapman is a results-oriented professional who finds the right product for the right customer. Born in Vermont, he has been in the mortgage and consumer loan industry since 2002, where he has served as a member of the Vermont Mortgage Bankers Association, Rotary Club, and other local organizations.
We will help you feel confident in our guidance, minimize your stress, and meet all your mortgage needs by providing excellent service on a speedy timeline. Buying a new home or property can be an exciting, but sometimes overwhelming process. To help you successfully navigate the home loan process we have summarized it to provide you with a better understanding of what to expect.
Whether you want to drop your interest rate, lower your monthly payment, eliminate PMI, shorten the term of your loan or cash out, we'll help you refinance with confidence! Please note that the interest rate and APR are dependent on loan program selected and factors such as credit score. Principal and Interest only.
There are many things to consider before diving into having two mortgage payments. For starters, you want to make sure you can qualify for another mortgage loan. A second home buyer has to carry the entire new mortgage payment without the benefit of rental income. If you are buying an investment property you can generally use 75% of the current or expected rental income to help you qualify.
Don't let additional cash savings stand between you and purchasing a home. Remember, in the time it takes you to save up extra money, rates and home prices may rise and today's affordability may slip away. Instead of waiting years to save up for a more significant down-payment, contact us to see what low and no down-payment options are available.
Reviews (10)
Aaron Scowcroft
Jun 04, 2018
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Mark can describe exactly how a mortgage works, start to finish. His knowledge and expertise is evident in his ability to customize a loan that works for a person's individual needs, rather than one blanket mortgage option for all. Because of this, expect to take advantage of savings, if applicable. Mark has lived in Vermont for quite some time, and understands the importance of keeping your mortgage local.
-Aaron Scowcroft
REALTOR - Vermont Real Estate Company
-Aaron Scowcroft
REALTOR - Vermont Real Estate Company
TheDarrenH
May 12, 2018
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Wow! What an amazing experience. This was a quick closing and Mark and his team were able to make everything happen and meet all of the aggressive deadlines outlined in our purchase and sale agreement. In fact, he was able to provide us with our commitment letter within three days of our application. Further, the title company expressed how impressed they were with Mortgage Financial in general and their efficiency in preparing all of the closing and funding documents. I highly recommend Mark and would work with him again anytime.
Sarah Charbonneau
Dec 27, 2017
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I have worked with Mark and his team on getting a mortgage and then refinancing. The best part of refinancing is that they contacted me to let me know there was a lower interest rate and the entire process was a $0 cost to me. They are a great group of people who are extremely helpful and professional. Any time I had any questions they were prompt in getting back to me with an answer. I would highly recommend working with Mark and his team!
Jennifer Mitchell
Sep 03, 2017
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Sixteen years ago, our realtor highly recommended Mark Chaffee at Mortgage Financial, Inc. to my husband and me. Today, we highly recommend Mark and his team to others! Over the years, Mark has provided us with helpful and timely market information that allowed us to refinance our home at a lower rate, with zero closing costs. Mark and his colleagues are supremely professional and just down-to-earth, nice people with whom to work. Give them a call today; you'll thank yourself for years to come!
Pamela Quinn
Jun 10, 2017
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I have worked with Mark for well over a decade. I have refinanced multiple times, and each time Mark has been professional, helpful, and looking out for our best interest. He is proactive about letting us know important information so that we can make decisions that are right for us. There are many choices out there, but I will continue to use Mark and do so with confidence.
Russell Bibens
Dec 12, 2016
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We were looking for a VA loan for a new Condo. Mark was instrumental providing us with the details we needed to know and help us understand what was needed to qualify for any type of loan. Ultimately is was Mark's team member Rose Marie who provided excellent service in providing assistance in the successful in obtaining a VA loan. Her knowledge of the VA financial system was amazing. Even though the mountain of paperwork we had to sign was mind boggling, Rose Marie made it seem effortless. However, the most important fact was that we were in a time crutch to sell and buy (four weeks), Rose Marie
Ed Barry
Oct 31, 2016
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Mark and team are by far the best mortgage experts I've ever worked with. When I lived in Massachusetts I we used them multiple times, and the experience was easy, seamless, and efficient. Their level of professionalism truly hit home when we moved from Massachusetts to North Carolina; we had to use a different mortgage company when purchasing our home here, and there was a lot of inefficiency and "I don't knows." Having had a basis for comparison, I can say that Mark and team are the best I've ever worked with.
Weaver Sales
Oct 07, 2016
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Justin Moore Realtor
Aug 31, 2016
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Mark's firm has been a valuable borrowing resource to me for nearly 10 years now. Mark is a wealth of knowledge when it comes to lending and stays up to date on current requirements and options. He is skilled at running numbers quickly and always answers questions promptly and succinctly. Additionally, he has gone above and beyond the normal role of a mortgage advisor and provided me with helpful information concerning various real estate investment decisions. I wouldn't work with anyone else for a secondary market loan.
John Vitale
May 19, 2016
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My wife and I had refinanced our primary house in MA with plans to purchase a second home in Florida all with the same mortgage company. After a horrible refinance we decided not to use the same company for the purchase of the second home. The attorney who did the closing at the refinance recommended Mark at Mortgage Financial. I called Mark and immediately got a comfortable feeling that his company would be professional and at the same time provide an intimate relationship. We plan to close just over two weeks and everything has been as smooth as silk. Any time something needs to be done there
