Guaranteed Home Mortgage adds 12 new companies to its roster in just three monthsMortgagePress.comGuaranteed Home Mortgage, branches, Quickpay system, David Wind
Guaranteed Home Mortgage Company Inc., a national residential
mortgage investment and banking firm, has announced the addition of
12 new company-owned and operated branches in just the last three
months, including approximately 100 new loan officers.
The new locations, primarily on the East Coast, include
locations in Connecticut, Florida, Georgia, Michigan, New Jersey,
New York, Ohio and Tennessee. The projected volume of new sales is
estimated at $37 million per month.
David Wind, principal and president of Guaranteed, noted, "Our
success, in an industry buffeted by the economic downturn, may be
attributed, in part, to our experience and supportive approach to
highly experienced staff gathering under our umbrella. We let
mortgage professionals focus exclusively on their sales efforts
while we handle all operational functions such as secondary market
products, compliance and licensing."
Guaranteed also offers new branches the use of sophisticated
loan-origination and lead-management software valued at hundreds of
thousands of dollars if purchased independently. Eugene Vargas,
branch manager of Guaranteed's Wappinger Falls, N.Y. location,
said, "Joining Guaranteed was really a no-brainer. We use the
volume of their national organization as leverage to achieve
lower-cost financing for our clients and to maximize our own
returns on each transaction. Their instructional support is almost
as valuable with a weekly national conference call to explore
business opportunities and techniques."
Guaranteed's expansion, despite the blight facing many of its
colleagues, may be explained partly by its "people-oriented"
approach. Originally a family-owned business, it still offers many
amenities such as a Quickpay system to provide agents next-day
payment after the funding of a loan. In addition, as a company
founded over 16 years ago, it has undergone many business cycles
and knows how to adjust.
For more information, visit www.ghmc.com.