BMC Mortgage Services changes name to Southwest Bank MortgageMortgagePress.comBMC Mortgage Services, Southwest Bank Mortga
BMC Mortgage Services Inc. has changed its name to Southwest
Bank Mortgage to reflect its identity as a division of Southwest
Bank, one of the the largest, locally-owned, independent commercial
banks in Tarrant County, Texas.
"We're excited about the name change, and more importantly, to
have the backing of such a strong, independent financial
institution as Southwest Bank in today's market, said Cue Lipscomb,
co-president of Southwest Bank Mortgage.
Southwest Bank acquired BMC Mortgage Services in December 2007.
BMC's owners, Lipscomb and Marshall Boyd, both remained as
co-presidents. Southwest Bank Mortgage has grown its portfolio by
about 20 to 25 percent since the acquisition, according to
Lipscomb. Southwest Bank Mortgage has offices in Fort Worth and
Southwest Bank Mortgage is a full-service mortgage division with
highly experienced loan officers, including several with masters
degrees in business. It offers a full range of products including
cash-out, reserve mortgages, lot loans, HELOC, and conventional
loans and provides underwriting, closing and funding services.
Southwest Bank Mortgage's newest product is a portfolio jumbo loan
for amounts greater than $417,000 at very competitive rates.
For more information, visit www.southwestbank.com.