Orange County, Calif.-based ClearVision Funding (CVF) has announced the opening of its Chicago, Illinois Fulfillment Center. CVF has increased its loan fundings by $1 billion during the first six months of 2014 and is projecting to total over $7 billion in closed loans by the end of 2015. The new Fulfillment Center will support the company’s growth trajectory and help ensure enhanced service levels to the mid-west and northeast brokers with which it does business.
“In the early years of CVF, our model has been to establish early profitability, and maintain that while experiencing controlled growth. That same commitment to wholesale lending and sound investment holds true today. Since inception, CVF has continued to achieve profitable growth and has broken record fundings month-over-month,” said Jeremy Stewart, executive vice president of ClearVision Funding.
“With a concentrated labor pool, and a market for underserved prospective homeowners, Chicago will provide the best opportunity to not only attract top industry talents but equally important, serve our brokers locally while giving them access to a full product suite-including programs for all FHA products,” added Stewart.