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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Rick and his team are fantastic.
Reply from Rick Scherer
April 6th, 2026 06:45 PM
It's wonderful to hear that you had such a positive experience with my team, Carolyn. We strive to offer high-quality service, and your feedback means a lot. If there's anything else I can do for you, please feel free to reach out.
Great customer service, professional, responsive, always immediate follow up to questions.
Provide consistent guidance through process.
I certainly have appreciated working with the team, and will continue to do so in the future.
Reply from Rick Scherer
April 5th, 2026 12:58 PM
I'm pleased to hear that you experienced great customer service and found the guidance consistent throughout your process, David. Providing professional and responsive support is always my aim, and it's rewarding to know that it made a difference...
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Chris and Melissa were organized, knowledgeable, and really made our process as smooth as it could be
Reply from Rick Scherer
March 12th, 2026 09:29 PM
"I'm happy to hear that Chris and Melissa were able to provide you with a smooth and knowledgeable experience, Kurt. It's always my objective to ensure that everything runs efficiently for you. If there's anything further I can assist with,...
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Very organized and great communication from start to finish.
Reply from Rick Scherer
February 2nd, 2026 05:58 PM
Jason, it's great to know that you found the process organized and communication effective. Ensuring a smooth experience is always my goal. If there's anything else you need in the future, just let me know.
Good communication, whether it was email or by phone. The people i dealt with were very friendly and made the whole process easier.
Reply from Rick Scherer
January 12th, 2026 01:33 PM
I'm glad to hear that the communication met your expectations and that you found the team friendly and supportive. It's important to me that the mortgage process runs smoothly for you, and I'm pleased you felt that way. If you have any more...
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Very simple process in providing direction for what documents are needed ans how to upload
Communication was good.
Quick and efficient process with consistent and clear communication.
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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.