November 29, 2022

BayCoast Mortgage Company, LLC Announces Purchase of Martha’s Vineyard Mortgage Company, LLC

SWANSEA, VINEYARD HAVEN, MA — BayCoast Mortgage Company, LLC, (BayCoastMortgage.com), a wholly owned subsidiary of BayCoast Bank, is proud to announce an exciting expansion of service in Dukes County, Massachusetts, with the purchase of Martha’s Vineyard Mortgage Company, LLC.

With this recent purchase, Martha’s Vineyard Mortgage will retain its name and become a division of BayCoast Mortgage Company, which has a strong history of providing exceptional financial solutions and service to its customers. That same tradition will now extend to new customers on Martha’s Vineyard, Nantucket Island and Cape Cod.

Tammy King, Vice President, Senior Loan Officer with BayCoast Mortgage and resident of Vineyard Haven, Massachusetts, will manage the Martha’s Vineyard Mortgage office, which is also located in Vineyard Haven at 107 Beach Road. She will be joined by her assistant, Shelly Mayhew, who also resides on the Vineyard in West Tisbury, Massachusetts.

“We are thrilled to welcome Martha’s Vineyard Mortgage Company to the BayCoast Mortgage family,” said Daniel J. Briand, President and CEO of BayCoast Mortgage Company. “With previous experience serving Cape Cod and the Islands, Tammy and Shelly can offer a unique perspective and expertise to our Dukes County customers and their specific mortgage needs, whether it be for new construction, a primary residence or vacation home. Our team looks forward to building trusted relationships as they assist clients on their personal journeys to homeownership.”

King joined the BayCoast Mortgage team in August of 2022, brining 20 years of experience as a residential mortgage lender, most recently with The Cape Cod Five Cents Savings Bank. She was named a Top Individual Lender in Dukes County from 2016-2021 by Banker & Tradesman. King has extensive experience with all types of loans, including construction loans and enjoys helping first-time homebuyers with their financing.

Mayhew joined BayCoast Mortgage in early October, 2022 and has more than 23 years of community banking experience on Martha’s Vineyard, most recently serving as the Assistant Banking Center Manager at Cape Cod Five Cents Savings Bank.

For more than two decades, Martha’s Vineyard Mortgage has specialized in purchases and refinances, offering competitive rates and personalized service. “BayCoast Mortgage would like to sincerely thank previous owners Polly K. Bassett and Carol Borselle for more than 25 years of dedicated service to the community,” said Briand.

About BayCoast Mortgage

BayCoast Mortgage Company, LLC is a wholly owned subsidiary of BayCoast Bank, serving MA, RI, CT, NH, PA, NJ, MD, VA, SC, NC, and FL, offering a wide variety of home mortgage products including FHA, VA, Land, Construction, Conforming and Jumbo Loans.

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