BANGOR — Paul Cary, a Caribou High School graduate, has joined Mortgage Network Inc., one of the largest independent mortgage lenders in the eastern U.S., as a loan officer in the company’s Bangor branch office.
Cary will be responsible for assisting buyers and homeowners throughout the eastern Maine region with their mortgage and refinancing needs. He has 28 years of mortgage banking experience in the Bangor area and has served customers in Aroostook County. He most recently served as a branch manager at RMS Mortgage in Bangor.
Cary graduated in 1970 from Caribou High School, and while a student there played on the 1969 state basketball championship team. He is a graduate of Husson University in Bangor, where he earned a bachelor’s degree in accounting.
“We are thrilled to add a person of Paul’s extensive experience in the Bangor area to our team of loan officers,” said Skip Trafton, Mortgage Network district manager. “He will be a valuable part of our continued success and a great resource for homebuyers and homeowners in the area.”
“I’m looking forward to continuing to serve my neighbors with the excellent support of the Mortgage Network team behind me,” Cary said. “Our extraordinary service and commitment to providing customers with the right mortgage for their needs, whether it’s buying a home or refinancing, is second to none, as evidenced by our extraordinary customer satisfaction rating.”
Rising interest rates are a potential obstacle for homebuyers around the country, but much less so in the Bangor area, Cary said. “With an average home price about $100,000 below the national average, homes are still extremely affordable,” he noted. “Yet prices and demand are growing, which makes working with an experienced mortgage professional more important than ever.”
Based in Danvers, Mass., Mortgage Network provides mortgage banking services in more than 20 states.
Cary can be reached via email at pcary@mortgagenetwork.com or by phone at 207-478-8372.