Skip to main content

HeritageBank of the South Expands Mortgage Services Offerings With New Additions

NationalMortgageProfessional.com
Jan 03, 2011

Heritage Financial Group Inc., the holding company for HeritageBank of the South (the "Bank"), announced that the Bank has expanded its mortgage division with the opening of new mortgage production offices in Valdosta and McDonough, Ga., concurrent with the hiring of a team of experienced mortgage lenders in those markets. Already a leading originator of mortgage loans in the Bank's home town of Albany and in Statesboro, the addition of these offices enhances the bank's capabilities as a full-service mortgage lender. Derek Watkins joins HeritageBank of the South as the senior vice president of mortgage lending and will oversee mortgage operations for the Bank. He brings a team of five additional mortgage lenders and four staff members, more than doubling the Bank's production personnel in the mortgage division. "For many years, HeritageBank of the South has been recognized as a top lender in the Albany market, and since our expansion into the Statesboro area last year, we have quickly established ourselves as a leader in that market," said Leonard Dorminey, president and chief executive officer of Heritage Financial Group. "Bringing on this new, highly regarded team in Valdosta and McDonough will allow us to leverage our mortgage production and create a true secondary market mortgage program with in-house underwriting, thereby enhancing our capabilities to meet the home loan needs of all our customers." Dorminey noted that these new offices fit neatly with HeritageBank's recent expansion in South Georgia and North Central Florida. Cumulatively, the Bank has acquired eight branches since December 2009 and has opened a de novo branch in Valdosta, more than doubling the number of HeritageBank of the South locations during the past year. The Bank is set to open a new branch in Lee County, Georgia, in the first half of 2011. For more information, visit www.eheritagebank.com.
Published
Jan 03, 2011
Rocket Arms Brokers With Bully Shield Vs. UWM

Rocket covers penalties and court fees for brokers who want to get out of United Wholesale Mortgage’s ultimatum contract. 

Industry News
Feb 06, 2023
Top Texas Originator Sees No Surrender To 2023

Big cities will determine the battle

Industry News
Jan 26, 2023
There’s Good & Bad News On The Horizon

There will be a real estate slump, but the big cities are coming out much better

Industry News
Jan 26, 2023
Housing Prices Across Texas Likely Hobbled In 2023

But you’re getting a lot less for $1 million

Industry News
Jan 23, 2023
UWM Adds 'Control Your Price' To 'Game On' Pricing

New program provides 125 basis points in price enhancements for loan orignators.

Industry News
Jan 11, 2023
Rocket Pro TPO Relieves Brokers Of Credit Fee Burden

Will provided free credit reports to brokers if they get their loan closed with the Detroit lender.

Industry News
Jan 10, 2023