BluFi Lending, a direct lender for home loans, has announced the opening of a new office in Mission Valley, San Diego, Calif. and the new hires of Branch Manager Scott Ellwood and 10 new staff members, including management, back office, and sales positions such as loan officers. Ellwood will head recruitment efforts and manage the new office. Ellwood has 20 years of experience in the mortgage industry with more than $3 billion in retail mortgage loan closings. Previously, he served as a mortgage banker at Gateway Funding, a loan officer at PNC Mortgage, and vice president of business development at All Western Mortgage. At BluFi, he will take an active part in growing the company and supporting its customers.
“Opening a new office in Mission Valley enables us to better serve our customers and recruit new employees,” said John Lee, BluFi Lending president and chief executive officer. “San Diegans are recognizing that now is a great time to buy or refinance their home, and BluFi is expanding to support the increased demand. We have a history of delivering on our promises and closing loans quickly, so it’s important to maintain that standard. Scott and the well trained staff at Mission Valley will help deliver great BluFi service to our growing customer base.”