Embrace Home Loans, a direct lender for Fannie Mae and Freddie Mac, approved by the Federal Housing Administration (FHA) and U.S. Department of Veterans Affairs (VA), and an issuer for Ginnie Mae, has announced it is expanding to accommodate current and future growth. The company is moving its Internet origination division, which is comprised of 50 employees, to an 18,000-sq. ft. building located in Providence, R.I.
"As a company, Embrace Home Loans has experienced significant growth," said Kurt Noyce, president of Embrace Home Loans. "Most recently we've added several new retail branches along the Eastern Seaboard, and completed a substantial acquisition to further increase our geographic footprint. We are proud of the work we've accomplished and are pleased to be able to add additional office space right here in our local economy. The addition of a new building in Providence not only provides a space for our growing Internet origination division, but also provides the ability for our company to add more local jobs in the future."
For the past 27 years, Embrace Home Loans has helped hundreds of thousands of individuals and families purchase new homes, lower their monthly payments and consolidate high-interest debt. Customers are included in every step of the process to develop real, working relationships. Currently the company employs more than 500 employees and has been recognized for its excellence in the workplace and devotion to community service through numerous local and national awards, reflecting the lender's commitment to its strong values and to provide outstanding service.
For more information, visit www.embracehomeloans.com.