Charter Oak region's top residential mortgage lender for 8th straight year

Waterford — Charter Oak Federal Credit Union was eastern Connecticut's top residential mortgage lender for the eighth consecutive year in 2017, based on data from The Warren Group, a Boston-based compiler of real estate information.

Since 2010, Charter Oak has originated more than 9,800 residential mortgages with a total value of more than $1.2 billion in New London and Windham counties.

“It's a real honor for Charter Oak to be eastern Connecticut's top mortgage lender for eight straight years," said Brian Orenstein, Charter Oak's president and chief executive officer. "Year after year, our lending teams work very hard to find the right mortgage for prospective homebuyers and those looking to refinance."

Charter Oak’s ranking is based on The Warren Group’s Residential Mortgage Marketshare Report.

During 2017, Charter Oak originated 999 residential mortgages with a total value of more than $126 million in New London and Windham counties. Charter Oak ranked first in residential mortgages in New London County by originating 799 mortgages with a total value of more than $106 million. It ranked first in Windham County by originating 200 residential mortgages with a total value of more than $20 million.

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