Credit Union Gone Wholesaler Continues Expansion

Kinecta Federal Credit Union is expanding its wholesale sales force to meet demand in the 25 states in which it is currently lending. New account executives have been added to the roster to cover territories in Arizona, California, Colorado, Oregon, Kansas, Illinois, Missouri, Ohio, and Washington. The Manhattan Beach, Calif.-based credit union is currently seeking additional qualified mortgage sales professionals and is preparing to enter Idaho and Utah in the West, and Maryland, Virginia, Wisconsin, and the District of Columbia in the East. With that, Kinecta will have account executives positioned to provide one-on-one customer service literally coast-to-coast. It currently services these states through its West Coast and Midwest Operations Centers, located in El Segundo, California and Rosemont, Illinois, respectively. “As part of an overall strategy of planned expansion, additional account executives will further increase our national wholesale presence in key regional markets,” said Todd Helmerson, director of wholesale loan production for Kinecta Federal Credit Union. “I’m excited to have these top-notch professionals on board.” With a national presence as its ultimate goal, Kinecta Federal Credit Union is a direct lender providing a range of fixed and adjustable home loans for purchase or refinance. It offers attractive loan products through agency and portfolio lending, in addition to Federal Housing Administration (FHA) mortgages and special loan programs offered in conjunction with leading mortgage insurance providers.