Record April Volume Reported for VIP Mortgage Corporation

VIP Mortgage Corporation reports a record April for new volume

(PRWEB) May 18, 2007 -- VIP Mortgage Corporation, based in Danvers, MA., announced today that it had a record April in regards to new business.

"I am proud to announce that for new business this past April was VIP's best April ever," said Greg Deschenes, President & CEO.

In the 7 years that VIP Mortgage has been originating loans this was the best April for new originations. While many other mortgage company's volume is falling, VIP Mortgage is pushing forward. In April VIP Mortgage originated 162 loans totalling $45,400,535. The breakdown was as follows:

60 purchase loans (37% of new loans)
60 cash-out refinances (37% of new loans)
42 rate/term refinances (26% of new loans)

VIP Mortgage originated 23% more business this April than in April 2006. It is amazing that in the 7 years VIP has been in business that this is the strongest April on record for new business. VIP Mortgage is a mortgage lender and broker based in Danvers, MA. With offices throughout New England the core of VIP's business is located in Massachusetts, New Hampshire and Maine. VIP Mortgage can be located at www.VIPMortgage.net.

Greg Deschenes
VIP Mortgage Corporation
President & CEO
Phone (978) 750-1080

###