News: Finance

Bangor Savings Bank hires Marroni as mortgage loan officer

Tom Marroni

 

Andover, ME Bangor Savings Bank is expanding their Massachusetts-based mortgage loan office team, welcoming Tom Marroni as a mortgage loan officer.

With over 30 years of experience in the banking and mortgage industry, Marroni brings a wealth of expertise, specialization across an array of loan products and a passion for helping borrowers find the right mortgage solutions tailored to their needs. Marroni also founded and served as president of the New Boston Mortgage Corp.

“Tom’s deep industry knowledge and dedication to client service make him an incredibly valuable addition to our team,” said Rui Chaves, vice president and area mortgage sales manager at Bangor Savings Bank. “We’re confident that both our clients and our team will benefit from his thoughtful guidance and long-term support.”

A graduate of the University of Massachusetts with a Bachelor of Science in International Relations, Marroni also served as a U.S. Army helicopter pilot. Outside of work, he enjoys spending time with family, playing chess, tackling home improvement projects, and volunteering in his local community.

Tags: Finance
MORE FROM Finance

Eastern Bank donates $2 million to Lynn Public Schools

Lynn, MA The city of Lynn’s purchase of the former Eastern Bank headquarters at 195 Market St. is paying dividends in more ways than one. In issuing an RFP in the spring of 2024, the city was seeking to acquire multi-purpose space,
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
It’s a confusing real estate world: Don’t you think? - by Daniel Calano

It’s a confusing real estate world: Don’t you think? - by Daniel Calano

The news is full of “never before” pronouncements. Never before has there been a pandemic so impactful on real estate. Never before has technology allowed for remote business meetings on such a frequent basis. Never before would people so comfortably work from home as to vacate office buildings, at least on Fridays and Mondays.
 Real estate without good estate planning - a troublesome problem - by Daniel Calano

Real estate without good estate planning - a troublesome problem - by Daniel Calano

I spent the better part of a day this week working with attorneys on estate planning. I am clearly not an attorney, but I have learned much over the years while consulting on real estate, its potential, its future during the life of clients, as well as, shall we say, later.
Reverse exchanges and the challenges of a competitive real estate market - by Michele Fitzpatrick

Reverse exchanges and the challenges of a competitive real estate market - by Michele Fitzpatrick

Our current, highly competitive real estate market poses specific challenges for investors who are considering taking advantage of a tax-deferred 1031 exchange. In this market, investors will have no problem selling their current property if priced properly, but they may find it difficult to find a suitable replacement property
The focus on price per s/f compared to the  comparable sales used in the appraisal report - by Dennis Chanski

The focus on price per s/f compared to the comparable sales used in the appraisal report - by Dennis Chanski

Over the past several weeks, I have completed appraisal assignments for private clients. Interestingly, after submitting these appraisals, I received several phone calls – not to question the value, content, or any incorrect information, but rather to discuss the price per s/f compared to the comparable sales used in the report.