Planet Home Lending Expands in the Midwest – NMP
Industry News

Planet Home Lending Expands in the Midwest

Jun 21, 2019
Planet Home Lending has named 25-plus-year industry veteran Jim Bopp as vice president of national renovation lending

Planet Home Lending LLC, headquartered in Meriden, Conn., has opened four new branches in the Midwest.
 
The new branches are located in Chicago, Cincinnati, Indianapolis and Canton, Mich. The company operates in 47 states and is focused on first-time and repeat buyers and real estate investors, and it also markets to borrowers that are often ignored by other lenders, including self-employed business owners, retirees, foreign nationals and people who have had a bankruptcy or foreclosure.
 
"Planet Home Lending is a great fit for the Midwest because we offer loans homeowners here need, including local downpayment assistance programs," said Planet Home Lending Senior Vice President, Eastern Division Manager Fobby Naghmi. "Planet Home Lending has products and strategies to tackle those challenges. We know how to apply the underwriting rules to consumers' existing personal finances to give them tailored home loan choices, instead of pushing them into a one-size-fits-all loan."
 
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Phil Hall
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Jun 21, 2019
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