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MiMutual Mortgage, the national retail channel for Michigan Mutual Inc., has opened a branch in South Jordan, Utah, a suburb about 20 miles south of Salt Lake City and plans soon to open another office in Lehi, Utah.
“As one of the nation’s most trusted and respected mortgage lenders, we’re thrilled to continue our steady growth through more than 30 states nationwide,” said Daniel Jacobs, executive vice president and managing director of MiMutual Mortgage. “We’re not simply expanding our business with these branches but making a commitment to the Greater Salt Lake community with our experienced team of industry experts.”
Utah native Spencer Stott has been named Salt Lake City’s regional manager to oversee the area’s growth, and he brings more than a decade of mortgage industry experience as a licensed mortgage loan originator, specializing in FHA, VA, conventional and jumbo financing loans. Recently hired John Stevens, vice president of business development for MiMutual Mortgage, will work closely with Stott to grow the company’s presence in and service to the Salt Lake City community. Stott’s South Jordan branch currently has 14 employees.
“The opportunity to continue MiMutual’s tradition of high quality customer service as we continue to expand to new locations is very exciting for me,” Stott said. “MiMutual has an enriched company culture founded on critical core values, such as integrity, problem solving and commitment. Being able to share my knowledge and experience with a company that prioritizes customer satisfaction and the personal growth of every employee will be a great foundation for this new branch.”
“The key to successfully serving a community and extending the culture, brand and family values of MiMutual is to find the most talented, like-minded mortgage professionals in the region, and in Spencer and his team, we have found just that,” Jacobs added.