News: Northern New England

Franklin Savings ranked #1 in commercial mortgages by The Registry Review

Franklin, NH According to Ronald Magoon, president & CEO of Franklin Savings Bank, the bank outperformed other peer banks last year in commercial mortgages as published in the May 2017 edition of The Registry Review.  

Overall, the bank ranked #1 in commercial mortgages by volume totaling $12,669,950 and #4 in number of loans with 22.  The data was provided by The Warren Group, publisher of the Registry Review, a trusted and reliable source in New England for real estate property data.

“This recognition would not be possible without the outstanding efforts of our commercial lending team,” said Ron Magoon, president & CEO.  “We are fortunate to have a talented team of lenders with decades of collective experience in assisting business owners with finding the appropriate financing to meet their needs.”

The data included in the report represents all purchase and non-purchase loans originated by banks, credit unions and mortgage companies located in New Hampshire during 2016.  The report ranks top 10 lenders by volume and number of loans in the following categories: single-family, condo and commercial purchases and residential refinance.

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