AmWest Funding Corporation
has announced the acquisition of Bridgeway Financial,
a Georgia-based retail mortgage lender. Founded in 2012, Bridgeway offers residential lending services throughout Georgia, Alabama, Florida, Maryland, Texas and Virginia–where licenses are held. Bridgeway is a direct lender that provides consumer-direct mortgage origination services. Bridgeway Financial will operate as a d/b/a of AmWest Funding.
“Bridgeway has proven to be one of the fastest growing consumer-direct lenders in the area and provides an exceptional fit with our strategic growth initiatives,” said Kenneth Jo, Chief Executive Officer of The AmWest Group. “This acquisition represents the first of what we anticipate will be numerous opportunities to broaden our national footprint across all origination channels.”
Bora Ju, Founder of Bridgeway Financial, said, “AmWest and Bridgeway are perfectly suited together. Both share the same emphasis on providing customer service superiority while managing efficient, controlled growth. Together, we will continue to build on success.”