

Mike Rice "The Mortgage Guy"
V.P. Loan Origination

Affectionately known as Mike Rice "The Mortgage Guy" he has been in the mortgage business for over 20 years . He enjoys meeting with his clients and helping them make the biggest investment of their lives whether it’s purchasing a new prope...... Show More
Location & Business Hours
Friday
8:00 AM to 6:00 PM
Saturday
closed
Sunday
closed
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Reviews from Web
Mike was very nice!
Reply from Mike Rice "The Mortgage Guy"
May 6th, 2026 04:53 PM
I'm happy to hear that you had a nice experience, Jillian. If there's anything else I can do for you, please don't hesitate to let me know.
New Fed is a great partner if you are in the business of securing a new Mortgage or refinancing. The team goes above and beyond to support you throughout the process. Mike Rice and his team made buying a home seamless. They took the time to...
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Reply from Mike Rice "The Mortgage Guy"
April 27th, 2026 03:10 PM
Thank you, John, Always a pleasure working with you and Tammy. I'm glad to hear that you found the process seamless and felt supported throughout your home-buying journey.
Mike did a really great job in my very complicated financial situation. Got into details and came up with solution so I'm really glad I bumped into one of his adds. Would strongly recommend Mike Rice if you have difficulties to buy or refinance...
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Reply from Mike Rice
April 27th, 2026 03:10 PM
Thank you, Azat, for your kind words. I'm pleased to hear that I could assist you with your complex financial situation and provide a solution. It's great to know that my ad reached you at the right time. If you need further assistance or have...
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Mike was consistently available; he would answer my questions no matter how trivial, respond quickly, was very thorough, and made what I assumed was a difficult process very easy.
Reply from Mike Rice "The Mortgage Guy"
April 13th, 2026 06:14 PM
I'm glad to hear that I could make the process easy for you, Alex. Being available and thorough is important to me, so I'm pleased it made a positive difference in your experience. If you ever have more questions or need further assistance,...
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Great communication
Reply from Mike Rice
April 2nd, 2026 03:22 PM
I'm pleased to hear that you were satisfied with the communication, Douglas. Consistent and clear communication is something I strive for, and it's encouraging to know it made a positive impact. If you ever have more questions or need further...
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Thank you!
Reply from Mike Rice "The Mortgage Guy"
March 23rd, 2026 04:23 PM
I'm glad to know you had a positive experience, Matt. If there's anything else I can help with, please feel free to reach out.
Open communication and support was fantastic! Thank you!
Reply from Mike Rice
February 9th, 2026 04:35 PM
I'm grateful for your kind words, Ranada. It’s encouraging to hear that the communication and support met your expectations. If there’s anything more I can assist you with, don't hesitate to reach out.
Easy to work with an HONEST. when looking to refinance was dealing witg with a very dishonest company, Mike was honest and real in his answers and explained everything well
Reply from Mike Rice
January 14th, 2026 03:04 PM
Thank you, David, for sharing your experience. It's reassuring to hear that you found our work together straightforward and transparent, especially after dealing with a challenging situation. I believe in being honest and clear in communication,...
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Easy communication and always available to answer questions.
Reply from Mike Rice
January 7th, 2026 10:17 PM
Kathryn, I appreciate your feedback and am glad to know that you found communication easy and felt supported with your questions. Being available for my clients is important, and I'm here for any further assistance or queries you might have....
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Mike made the entire transaction seamless and a smooth as possible! I would highly recommend Mike from Newfed!
Reply from Mike Rice "The Mortgage Guy"
December 5th, 2025 03:45 PM
I appreciate your feedback, Jenny. It's rewarding to know that the process felt seamless and smooth for you. Your recommendation means a lot to me, and I'm glad I could assist you effectively. If you have any questions or need further support...
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About
Affectionately known as Mike Rice "The Mortgage Guy" he has been in the mortgage business for over 20 years . He enjoys meeting with his clients and helping them make the biggest investment of their lives whether it’s purchasing a new property or refinancing their current mortgage.
"The Mortgage Guy" is dedicated to providing you with world-class service that is professional, responsive and courteous in helping you find the financing that fits your needs best.
Michael lives in the Woburn area and spends time off with his wife Karen, and his 2 children. He is a member of Bear Hill Country Club, Woburn Kiwanis and is on the Board of Directors of The Woburn Boys & Girls Club.
Specialities
Conventional Loan
VA Loan
Jumbo Loan
Fixed Rate Mortgage
Adjustable-Rate Mortgage
FHA Loan
USDA Home Loan
FHA 203k Limited Refinance
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Search Rank ScoreLearn More →
327
/850
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Positions
- NewFed Mortgage - V.P Of Loan OriginationMar 1st, 2016 - Current
- Woburn Boys And Girls Club - DirectorJan 1st, 2015 - Current
Memberships
- Mass Mortgage Bankers Association
- Divorce Lending
- Woburn Kiwanis
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Addresses and Serving Areas
Year Started
2003
Time Zone
Pacific Standard Time (PST)
Licenses
- NMLS ID: 47904
- CT LO-47904
- FL LO82060
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Gallery

Achievements
- Top New Fed Loan officer for past 22 years
Hobbies
- Golf
- Fishing
- Community Servicer
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Disclaimer
© NewFed Mortgage, Corp. Branch NMLS #1810902; 98 High St., Danvers, MA 01923. Corporate NMLS #1881; 98 High Street, Danvers, MA 01923. MA Mortgage Broker and Lender License No. MC1881; NH Mortgage Banker License No. 9474-MB; ME Supervised Lender License No. SLM8185; RI Lender License No.20041817 LL; RI Loan Broker License No. 20041818LB; FL Mortgage Lender License No. MLD652; CT Mortgage Lender License No. ML-1881; GA Mortgage Loan Originator License. NewFed Mortgage is an Equal Housing Lender. For more licensing: nmlsconsumeraccess.org | Privacy Policy: newfed.com/privacy-policy.
Confirm licensing at nmlsconsumeraccess.org.