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Michael McCarthy

Senior Loan Officer / Branch Manager, NMLS# 176640

Bio

About Mike

  • Lives in Needham with wife Jamie and 2 sons, Connor, and Mikey
  • Senior loan officer since 2011 joining Leader Bank team in 2015
  • Consistently ranks in top 1% of mortgage loan officers nationally with thousands of closed transactions
  • Previous work includes 2 years of professional hockey in Europe and 2 years as a Boston area real estate agent
  • 2007 Graduate of Hobart and William Smith Colleges
  • Avid Boston Bruins and NE Patriots fan
  • Hobbies include men’s league hockey, golf, fantasy football, home design, & real estate & crypto investing
  • Available 7 days/week 7:00AM – 9:00PM

Chairman's Club

 

President's Club

NMLS#
176640

Seaport Loan Office
48 Northern Avenue
Boston, MA 02210

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Not only was the Leader team proficient, knowledgeable, and a pleasure to work with but the home we bought was against 8 other bids (days after hitting the market) and the Purchase Pass Mike put together played a huge role in closing!

March 2024

Mike and Leader Bank team was quite helpful during the whole process. In the end, it comes to rate and the service you're getting from the lender and they did a great job at both. They even helped us to avoid any expenses due to unexpected delays.

May 2022, Somerville, MA

Michael McCarthy was our go to resource for securing a mortgage for the purchase of our new home. He made sure the transaction was seamless in nature, and worked closely alongside the other real estate team members to make sure deliverables were completed in a timely basis.

April 2021, Stoneham, MA

Mike and his team at Leader bank were easy to work with. He gave us a very competitive rate, he was responsive to our questions as first time home buyers and he was a joy to work with. We will definitely use Leader Bank to finance our next home purchase.

November 2020, Boston, MA

Working with Mike from Leader bank was great. Process was fast and easy, and Mike and his team were very willing and able to answer all of our questions and concerns.

January 2020, Boston, MA

Mike is a true professional. He is lightening fast and his follow-up is incredible. Mike and his team at Leader Bank did a wonderful job of guiding me through the loan process so that it was painless and hassle free.

November, 2019, Quincy, MA

Michael was available to answer all my million questions. He was patient and worked with me throughout this fast process. Leader bank and Michael did a great job and I would recommend them. Thank you, Michael.

September, 2019, Quincy, MA

Michael provided me with the best loan possible! He replied to my emails in timely manner and was always ready to provide me with clarifications. Michael exceeded my expectations.

June, 2019, Brookline, MA

Explore the Loan Process

Learn

Learn all you can about the loan process and ask lots of questions.

Apply for Loan

Complete, review, and submit your application. This will set the process in motion.

Connect with a Loan Officer

Your loan officer will reach out to you and review your application with you.

Credit Check & Prequalification

We will assess your credit, income, and assets to quickly determine what loan(s) you qualify for.

Documentation

Paperwork is still a big part of the loan process. We will email you forms to sign and a checklist of documents we’ll need.

Rate Lock & Appraisal

Once we’ve discussed the loan amount, the type of loan, and the rate that’s best for you, it’s time to lock in your rate and order your appraisal.

Underwriting & Approval

Our underwriting team will review and issue a decision detailing any conditions necessary for final loan approval.

Clear to Close

Once we have cleared necessary conditions our underwriting and closing team will make final preparations to close.

Closing

Loan documents are delivered to the closing attorney. The attorney will contact you to arrange a signing.

Funding

Once the signed documents are returned and reviewed, the closing attorney will request a wire transfer of the loan funds.

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