Equity Loans LLC announced that it will transition top management and key employees from IFG Mortgage Corporation, a mortgage origination firm that serves the lending needs of real estate professionals, builders and individual home buyers.
“We are thrilled to welcome IFG’s employees to the Equity Loans family,” said Kunjan “KP” Patel, CEO of Equity Loans. “To make this transition as seamless as possible, a team from Equity Loans visited IFG’s headquarters to ensure we have a full understanding of IFG’s clients and partners. The combination of IFG’s experienced staff and strong industry relationships will be an excellent addition to Equity Loans, further expanding our footprint and opportunities for future growth.”
In addition to several key staffers, the following IFG leaders will now join Equity Loans:
►Keith Binsfeld, Area Director
►Shawn M. Cohen, Director of Originations
►Steve Fishman, Director of Operations
►Ben Stucker, Director of Senior Lending
►Ed Walsh, Area Director
►Brad Wurtz, Vice President of Business Development
“This transition is a great opportunity for IFG’s employees, as it enables them to join an incredibly solid lending institution that will continue to provide exceptional service for IFG’s clients, as well as provide a positive work environment that emulates IFG’s core values,” said Binsfeld. “Equity Loans is recognized as one of the top mortgage lenders in the nation, so we know this a critical, positive move for IFG. We are looking forward to our employees’ future with the Equity Loans team.”
Equity Loans’ strong foundation is backed by its approval from Fannie Mae as a seller/servicer of one-to-four family first lien mortgages for whole loan execution. Earlier this year, Equity Loans also announced its expansion into the wholesale market, further strengthening the lender’s servicing portfolio and diverse product offering. Equity Loans leverages the same technology platform as IFG, which will help ease the transition.