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This is our third time working with Mike Suffoletto, and he is the best! He guided us through a complex process with thoughtful advice and wisdom. We would work with Mike again should the need arise.

Brian S. - Acton, MA | Jan. 2016

Michael Suffoletto was nothing short of professional throughout the entire process. I can't thank him enough for all his hard work and dedication on our loan!

Thaddeus R. – Amesbury, MA | AUG 2015

Mike did a great job. From our initial conversation and throughout the whole process I was very pleased with his expertise and it certainly made the whole process a lot easier!

Elan S. – Haverhill, MA | Mar. 2015

Mike Suffoletto is very pleasant, helpful and professional. He responds in a timely fashion and is great in explaining everything prior to closing and advising on what needs to be done on my behalf.

Lisa A. – Andover, MA | Feb. 2015

Mike Suffoletto was incredible to work with. He was prompt with his responses, and made the process a lot easier than our first home buying experience.

Christopher C. – JAMAICA PLAIN, MA | Dec. 2014

"Michael and his team were great through the process, but I wanted to know more about the status of things and it was my first home buying experience so I had no idea what to expect. Otherwise it was perfect. You guys had the lowest rate and biggest closing credit. I would definitely check your rates if I were to go through this process again. Thanks Guaranteed Rate!"

Teresa E. -- Wellesley, MA. -- 8/ 2013

Hey check out this incredible review from Richard about Mike! “Mike Suffoletto along with his entire team went above and beyond getting us the best rate on our refinance along with a quick closing. Even with Christmas and New Year’s holidays, we still closed on 1/2/13. Mike thanks for all your help!” https://biz.yelp.com/r2r/YrInsQTJoxMf91NyTHP2bg/

Richard L. -- Salisbury, MA -- 12/2012

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Michael interview Q&A

How long have you been in the mortgage business? What awards have you won?

I have been in the mortgage industry going on 10 years now. I started my mortgage career winning the Rookie of the Year honor. I received my Neighborhood Lending certificate in 2010. I have achieved President’s Club performance in 2008, 2009, 2010, 2011, 2012 and 2013.

What are the pros and cons of a fixed rate mortgage versus an adjustable rate mortgage (ARM)?

The fixed rate options give you the "sleep at night" factor. With a fixed rate mortgage you know your rate AND your principal & interest payment will not change. Alternatively, for certain buyers, the ARM options can be a wise choice. If the risk is managed, many savvy investors chose the discounted rate, and payment savings, associated with ARMS. However, ARMS are not for everyone due to the potential of rate adjustment after the fixed period.

What part of the home loan process do customers find most difficult and how do you help them through it?

Recently the challenge for customers is recognizing that we actually need to verify their income and assets which wasn't the case no too long ago! It's important to set proper expectations, under promise and over deliver!

Summary of where you grew up: family, affiliations, college, high school, etc.

I grew up in Hamburg, NY which is a suburb of Buffalo. I attend St Francis High School in Athol Springs and Allegheny College in Meadville, PA. I now reside in Andover, MA with my wife and son.

Tell us something that makes you unique or something wacky, yet interesting about you?

I never turn off my phone! My wife does not like it, but as long as I am up, I am working! I try to be as full service as possible to all my business partners and customers making myself available and quick to respond. I like adventure and went skydiving for the first time past July! However, the birth of my son in August is taking me on an even greater thrill ride!

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