PROFESSIONAL PROFILE
Michael J. Ferraro
www.1stsourcelending.com
Michael Ferraro brings over 26 years of mortgage sales and management experience to 1st Source Lending. He holds a Bachelors Degree in Business Administration from Kutztown University School of Business. During his career, Michael has helped over 10,000 clients finance the purchase of a new home, refinance their current mortgage for improved terms, and structure debt consolidation loans that have increased monthly cash flows substantially. Michael moved up to management in 2004 and immediately began building highly successful teams of mortgage loan originators that share the same core values as he does.
Michael and his team at 1st Source Lending have a philosophy to create a "Mortgage Plan" for every one of their clients. Mortgage Planning is the process of evaluating mortgage options in the context of the clients overall financial objectives. The mortgage planners at 1st Source Lending believe their client's mortgage is most likely their single largest debt, and their home is most likely their single largest asset. The strategy their client's use today carries financial consequences that can impact their lives for years to come. Michael and his team ensure all clients have a one on one consultation to discus their goals. They ensure that every client has been communicated all available options, and that they understand every part of the mortgage process. Michael and his team will take as much time with you as needed to make sure a customized loan program provides you the greatest benefit, and that you are completely comfortable before moving forward. As Certified Mortgage Planning Specialists and Certified Mortgage Advisors the goal of everyone on Michael's team is to help prospective client's improve their lives by the proper use and consideration of various mortgage options.
Michael is a family man with a beautiful wife of 25 years, and 3 beautiful children ranging in age from 14-21. He has a great reputation in the community and is also involved in many philanthropic events that support children with special needs. Michael and the team at 1st Source Lending always offer free consultations, and also have numerous satisfied client testimonials to share.
PROFESSIONAL EXCELLENCE
Five Star Professional conducts market-specific research throughout the U.S. to identify service professionals who demonstrate professional excellence and provide quality services to their clients. The Five Star Mortgage Professional program is the largest and most widely published award program for mortgage professionals in North America, covering more than 40 major markets. Five Star award winners do not pay a fee to be included in the research or on the final list of award winners.
The Five Star Professional research team contacted thousands of recent homebuyers, consumers and industry leaders to identify Philadelphia-area mortgage professionals who stand out in their industry and community.
To learn more about the research methodology, click here.