Your Trusted Mortgage Broker in MA & NH

We compare dozens of lenders to secure competitive rates and flexible terms.
Local expertise in Boston, Nashua, and surrounding areas — focused entirely on you.

15+ Years

Local Experience

5,000+

Loans Closed

4.9/5

Customer Rating

15+ Years

Local Experience

5,000+

Loans Closed

4.9/5

Customer Rating

Why Choose NextGen?

We’re an independent mortgage broker focused on your goals. By comparing multiple lenders, we help you find the right loan with competitive rates and flexible options.

More Lenders, Better Rates
More Lenders,
Better Rates

We work with multiple wholesale lenders — not just one bank — to help you secure competitive rates.

Local Expertise

Based in MA & NH, we understand local property requirements, condo approvals, and regional loans.

More Lenders, Better Rates

More Lenders,Better Rates

We work with multiple wholesale lenders — not just one bank — to help you secure competitive rates.

More Lenders, Better Rates

Local Expertise

Based in MA & NH, we understand local property requirements, condo approvals, and regional loans.

More Lenders, Better Rates

Fast Closings

Our streamlined coordination helps many purchases close in as little as 21 days.

More Lenders, Better Rates

Personal Service

Work with a dedicated loan officer from your first call to closing.

Fast Closings

Our streamlined coordination helps many purchases close in as little as 21 days.

Personal Service

Work with a dedicated loan officer from your first call to closing.

A Simple, Transparent Process

From pre-approval to closing, we make the mortgage process clear, efficient, and stress-free.

Apply Online or Call

Start your application online in minutes or speak with a loan officer.

Get Pre-Approved

We review your finances and provide a clear pre-approval.

Find Your Home

Shop confidently knowing your budget and loan options.

Close & Move In

We finalize your loan and help you close smoothly.

Loan Options Built For You

There is no one-size-fits-all mortgage. We'll analyze your financial picture and match you with the perfect loan product to achieve your goals.

Conventional Loans

Competitive rates and expert guidance for first-time and experienced homebuyers.

Refinance Loans

Lower your monthly payment, shorten your loan term, or access your home's equity.

FHA Loans

Government-backed mortgages with lower down payments and flexible credit for first-time buyers.

VA Loans

Exclusive mortgage programs for military veterans. Zero down payment options and support.

Hear From Our Homeowners

Don't just take our word for it. See why buyers across Massachusetts and New Hampshire trust NextGen Mortgage.

Frequently Asked Question

How much can I save by making extra mortgage payments?

The savings depend on your loan balance, interest rate, and how much extra you pay. For example, adding $200 per month to a $300,000 mortgage at 6.38% can save you over $72,000 in interest and cut roughly 6 years off a 30-year loan. Use the calculator above to see your exact savings.

Should I make extra mortgage payments or invest the money?

It depends on your financial situation. Extra mortgage payments offer a guaranteed return equal to your interest rate with zero risk. If your mortgage rate is 6% or higher, paying it down is a strong choice. However, if you have high-interest debt like credit cards, pay those off first. Consider maxing out tax-advantaged retirement accounts before making extra mortgage payments.

Is it better to pay extra monthly or make a lump sum payment?

Both approaches reduce your balance and save interest, but monthly extra payments typically work better for most people because they build a consistent habit and reduce your principal steadily throughout the year. A lump sum payment is effective if you receive a bonus or inheritance. The key factor is timing: the earlier you make extra payments, the more interest you save.

Do extra mortgage payments go toward the principal?

Yes, when you make an extra payment and specify it as a principal-only payment, the entire amount goes toward reducing your loan balance. This is different from your regular payment, which splits between principal and interest. Always confirm with your lender that extra payments are applied to principal, not future payments.

Are there penalties for paying off a mortgage early?

Most modern mortgages do not have prepayment penalties. FHA loans, VA loans, and loans from federally chartered credit unions prohibit prepayment penalties by law. However, some conventional loans may include a penalty during the first 3 to 5 years. Check your loan agreement or ask your lender before making large extra payments.

How do biweekly mortgage payments work?

Instead of making 12 monthly payments per year, you pay half your monthly amount every two weeks. Since there are 52 weeks in a year, this results in 26 half-payments, which equals 13 full monthly payments. That one extra payment per year can shave several years off your mortgage and save thousands in interest.

Secure the Right Mortgage for Your Needs

Explore flexible mortgage options with competitive rates and predictable payment solutions. Apply easily, get real-time updates, and receive expert guidance every step of the way.