Business Highlight: NewFed Mortgage

While some business owners have had to shift their way of working since the start of COVID-19, NewFed Branch Manager, Al Petrilli has kept the business going strong at his office on 550 Pleasant Street. Petrilli has been working alongside his son, Al Jr., Jonathan Shanahan and Nick Vitale, since the office opened in March of 2018, providing impeccable customer service for clients who are at varying stages of life.

“Since COVID, the mortgage industry is the best it has ever been because of interest rates being lower,”said Petrilli, who has been in the profession for over 20 years. “I have been fortunate in many ways and I’m so grateful for that.”

Petrilli is a firm believer that giving always reciprocates. Having witnessed the community support him over the years, he has given back in ways that have positively impacted town residents and in turn has received the loyalty of his customers. From 2006 to 2011 Petrilli served as Chairman of the Board of the Viking Pride Foundation and spent several years dedicating countless hours to the foundation. He has also spent the last twenty-one years devoting his life to the Marie C. Petrilli Foundation, named after his wife Marie who passed in 1999. The foundation, which was created to help cancer patients and their families navigate their way through trying times, receives tremendous support from NewFed.

“After 21 years in the mortgage industry, I still have loyal customers coming to me whether they are refinancing their home or referring their children to me when they buy their first homes. I’m grateful for the realtors who have continuously sent customers my way. And I’m grateful for this town for always supporting me. When you give, it always comes back.”

NewFed mortgage has locations in all of New England and is licensed in 26 states.

For more information, please contact:

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