About Kevin Murphy
HomeBridge Financial Services Mortgage Loan Originator in Massachusetts
Kevin Murphy has worked in the mortgage industry as a Mortgage Loan Originator for 10 years. He previously held a position in accounting, but made the switch to Mortgage Loan Originator in order to work in a more entrepreneurial setting that provides flexibility. This allowed him to create a business where he could utilize his strengths, helping clients obtain homeownership and assisting first-time home buyers in realizing the dream of homeownership.
Kevin has a vast knowledge of the mortgage industry and is available to assist clients with determining the right home loan and financing for their situation. He has relationships with top Massachusetts Real Estate Agents and enjoys connecting clients with his real estate contacts. Kevin’s Newton, MA, branch offers mortgage loans for both purchase and refinance, including Conventional, FHA, VA and 203(k) Renovation loans.
His ability to effectively problem-solve and his responsive, patient nature has attributed to his success in the industry. Kevin makes himself available throughout the loan process and provides his clients with effective tools and information to achieve their goals.
Kevin is from Latham, New York and made the move to Massachusetts in 1998 when he was still serving in the U.S. Coast Guard. His favorite sport is baseball and he enjoys skiing on the weekends, as well as fishing with his young son.
Contact Kevin today to discuss getting a home loan and your mortgage options!
Feel free to contact Kevin anytime by phone or email for personalized service and expert advice. Kevin Murphy will extend the same professional service to your friends, family members, work colleagues or neighbors who need help.
Kevin Murphy is 203(k) Renovation Lending Certified
Kevin is certified in 203(k) Renovation Lending, a program particularly well suited for buyers of fixer-uppers and REOs in need of repair. Homebuyers can finance both the purchase and future repairs on their new home with one loan.
The Renovation Loan offers some great features. The amount of money you are permitted to borrow for the purchase and renovations is based on the increased value of your home after improvements are made1. Also, because renovation costs are spread throughout the entire term of the loan, monthly payments are often lower than other financing options. With the loan, there is also no need to delay improvements. You can start in immediately after closing. Another great feature is the loan's simplicity - one application, one set of fees and closing costs, one closing to attend and one payment each month. The interest on the cost of your improvements, included in your mortgage, may be tax deductible2 as well.
Kevin Murphy values your business and will provide you with the best professional service and mortgage solutions that make most sense for you and your unique financial situation and real estate goals.
Please contact Kevin by phone, email or filling out the pre-approval form on the right to get more information about our Renovation Loan, or any other mortgage financing solution. I look forward to working with you!
For HomeStyle® purchase transactions the maximum loan amount is based on the lesser of the sales price + renovation costs or 100% of the as-completed value, times the maximum loan-to-value allowable. For refinance transactions the maximum loan amount is based on the lesser of 1) 100% of the as-completed value times the maximum loan-to-value or 2) the balance on the existing loan plus the renovation cost plus the settlement costs. The maximum repair amount is limited to 50% of the as-completed value. HomeStyle® is a registered trademark of Fannie Mae.
2Please consult a tax advisor for further information regarding the deductibility of interest and charges.
