Rick Scherer
Chief Strategy Officer | Sr Mortgage Planner
NewFed Mortgage is a nationally recognized, full-service mortgage company leveraging over two decades of residential retail mortgage lending. We have a dedicated team of professionals who love what they do. Our dedication enables us to prov... Show More
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involved was very knowledgeable, informative, and extremely efficient.
Rick and Chris always kept us in the loop throughout the process and went above and beyond whenever we had questions or needed further understanding.
Reply from Rick Scherer
September 5th, 2026 04:56 PM
Zachary, I'm grateful for your kind words about how Chris and I kept you informed throughout the process. It's nice to hear that we could provide the support you needed. If there's anything else I can assist with, please feel free to reach...
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great team!
Reply from Rick Scherer
August 11th, 2026 05:07 PM
Yara, I'm pleased to know you feel our team is great! If there's anything more I can assist you with, please don't hesitate to reach out.
It was Great!
Reply from Rick Scherer
June 17th, 2026 03:25 PM
Luis, I'm happy to hear that you had a great experience! If there's anything else I can do for you, feel free to let me know.
Right amount of communication and timely delivery of tasks
Reply from Rick Scherer
June 8th, 2026 06:12 PM
Francesca, I appreciate your kind words about the communication and timely delivery of tasks. It's great to know that these aspects met your expectations. If there's anything more I can assist you with, please let me know.
Chris was very communicative and helpful through our first time home buyer process, explained thoroughly answers to call questions we had.
Reply from Rick Scherer
May 29th, 2026 02:12 PM
Elizabeth, I'm glad to hear that Chris was communicative and helpful during your first-time home buying process. It's important to have thorough explanations, and I'm pleased that your questions were addressed. If there's anything more you...
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Communication, Expertise, Customer Service. All boxes checked, no notes.
Reply from Rick Scherer
May 18th, 2026 12:04 PM
Brian, I'm grateful for your positive feedback. It's great to know that communication, expertise, and customer service met your expectations. If there's anything else you need, feel free to reach out.
Rick and his team are great to work with all around!
Reply from Rick Scherer
May 9th, 2026 02:21 AM
Jillian, I'm happy to hear that you found working with my team and me to be a great experience. We aim to provide comprehensive support, and your feedback is greatly appreciated. If you ever need anything else, please don't hesitate to reach...
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Clear next steps and communications. Made the whole process seamless!
Reply from Rick Scherer
May 7th, 2026 01:55 AM
Christopher, I appreciate your feedback about the clarity and seamlessness of the process. It's great to know that the communication and next steps were helpful for you. If you have any further questions or need assistance, I'm here to help....
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Amazing service as always!
Reply from Rick Scherer
April 10th, 2026 03:56 PM
Samuel, thank you for your kind words. I'm glad to know that the service met your expectations once again. If you need any more assistance or have questions in the future, feel free to reach out to me directly.
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About
NewFed Mortgage is a nationally recognized, full-service mortgage company leveraging over two decades of residential retail mortgage lending. We have a dedicated team of professionals who love what they do. Our dedication enables us to provide the highest level of customer service and offer customized mortgages for every stage of your life™
Corporate NMLS #1881
Products & Services
Mortgage Loan Officer
FHA Home Loan
VA Home Loan
Jumbo Home Loan
Mortgage Refinance
Specialities
Local/State/Government Employee Preferred Rates & Discounted Fees
Education Professional Preferred Rates & Discounted Fees
First Responder Preferred Rates & Discounted Fees
Doctor Loans
Hobby Farm Loans
Student Loan Cash Out Refinance
Mixed Use Mortgage
Foreign National Mortgage
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Memberships
- Board Member - Direct Federal Credit Union
- Mass Mortgage Bankers Association
- Board Member - Mortgage Bankers Association
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Addresses and Serving Areas
Primary Serving Area
Year Started
2002
Time Zone
Eastern Standard Time (EST)
Licenses
- NMLS ID: 454910
- CT LO-454910
- FL LO91542
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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; CT Mortgage Lender License No. ML-1881; ME Supervised Lender License No. SLM8185; RI Lender License No.20041817 LL; RI Loan Broker License No. 20041818LB; LA Mortgage Originator License; FL Loan Broker License No. MLD652. NewFed Mortgage is an Equal Housing Lender. For more licensing: nmlsconsumeraccess.org | Privacy Policy: newfed.com/privacy-policy. Confirm licensing at nmlsconsumeraccess.org.