Skip to main content

McLean Mortgage Celebrates Seven Year Anniversary With Strong 2014

Jan 30, 2015

McLean Mortgage Corporation has announced that the company closed more than $1.33 billion in residential mortgage originations in 2014, which was within 90 percent of their all-time production record achieved in 2013. This level of closings was achieved despite the fact that the Mortgage Bankers Association (MBA) indicated residential loan volumes for the industry dropped approximately 40 percent in 2014 when compared to 2013.  

During its young seven-year history, McLean Mortgage has become an industry leader. having been ranked as an Inc. 5000 company by Inc. 500 Magazine. McLean Mortgage Corporation has been able to continue to outperform industry averages by delivering excellent customer service and a support culture which continues to attract quality loan officers and support staff.

"We have grown to become one of the largest in the industry purely by way of organic growth through referrals instead of purchasing other companies," said Nathan Burch, president of McLean Mortgage. "These referrals enable us to grow while still keeping our family-like culture which strengthens our ‘customer is first’ mission.” Burch was installed as a member of the Board of Directors of the MBA in 2014.

“The journey we have embarked on during the past seven years has been gratifying for all of us," said Pat Peavley, CEO of McLean Mortgage. "We have become a company of choice for those desiring a long-term career helping others achieve the dream of homeownership.”

About the author
Published
Jan 30, 2015
AnnieMac Data Breach Impacts 171,000 Customers

Letters detailing the Aug. 23 breach were mailed to thousands of affected customers across multiple states last week.

Nov 18, 2024
More Communication, Earlier, Homebuyers Plead

It takes more than just 'fast and fancy' to please mortgage borrowers, according to the latest J.D. Power study

Nov 12, 2024
NAR's Yun Predicts 6-8 Rate Cuts Over Next Two Years

The NAR Chief Economist offers a blended forecast for 2025 and 2026

Nov 11, 2024
Joint Ventures Amp Up, loanDepot Partners With Smith Douglas Homes

The joint venture, Ridgeland Mortgage, combines new home construction with a mortgage lending platform

Nov 11, 2024
FED Cuts Funds Rate By 25 bps

Federal funds rate lowered to a target range of 4.50%-4.75%.

Nov 07, 2024
UWM Profits Decline Sharply In Q3 2024

UWM CEO Ishbia says the declining fair value of MSRs had an impact

Nov 07, 2024