

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
Business Hours
Tues
8 AM to 6 PM
Wed
8 AM to 6 PM
Thu
8 AM to 6 PM
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Reviews from Web
Before I called Mike I had reached out to 4 other lenders. Some recommended, some just a name I heard during past discussions. When I spoke to those lenders I felt somewhat pressured to get the application going and I didn't feel I had their...
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When I was researching mortgage and refinance options, I came across testimonials praising the accomplishments of Mike Rice “The Mortgage Guy” from New Fed Mortgage. Being skeptical of so much praise given to one individual, I decided to take...
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Although it took me 5 years to find my perfect house, Mike was beyond exceptional every step of the way. With pre-approvals to advice before making offers to closing he was the best. If I ever do need to buy another home I will definitely seek...
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Mike made the mortgage process feel easy for my wife and I. He was very thorough and provided clear requirements on what documentation we needed to secure in order to move forward. My last mortgage experience took many, many phone calls to...
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Working with Mike is a pleasure. His knowledge & expertise of the mortgage industry exceeds any other brokers I've dealt with! Great & trustworthy guy!
Mike was unbelievable! I've delt with mortgage people before and if I didn't call before 4 I was out of luck until the following day. With Mike he answered many of my calls late at night. He closed my loan on time and kept me calm through a...
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Mike Rice is the best! As a young, first-time home buyer, I really needed someone who could guide me in the right direction and Mike Rice did just that. Buying a home is a confusing and intimidating process, but he explained everything clearly...
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I've worked with many mortgage professionals, Mike Rice is by far the best. He has always been able to find me the best deal even when the situation was not straight forward. And he makes the process easy.
I bought a house in November 2014 and worked with Mike Rice. This was my first time buying a house and Mike was very helpful throughout the whole process. He was able to give me different options on the mortgage and took the time to explain...
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Working with a lot of loan officers, I can say Mike is one of the most knowledgeable about not only the finance portion of the transaction, but the process as a whole, which is a huge advantage!! He is always responsive to my clients and is...
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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.
Products & Services
Mortgage Loan Officer
FHA Home Loan
VA Home Loan
Jumbo Home Loan
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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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
Primary Serving Area
Other 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

Awards
Top 5 Loan Officer...
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.