Skip to main content

Embrace Home Loans Looks To Add LOs, Underwriters And Processors

Jul 27, 2020
Person extending hand for handshake.
Director of Events

Embrace Home Loans is recruiting loan officers, underwriters, and loan processors to meet its increase in lending volume. The company has originated $5 billion in mortgages in the past 12 months and has seen an overall production increased of 100%.

Embrace has 650 team members across the country and has added 45 new employees over the past three months. It is licensed in 48 states and the District of Columbia and is looking to expand in all three of its major channels which include direct-to-consumer, the financial institutions group and retail.

"We have been well-positioned to capitalize on the current origination market and have been able to expand our production volume considerably, even given some of the economic challenges that COVID-19 has brought on," said Embrace CEO Dennis Hardiman. "We have been measured in our growth and are well-diversified with three production channels to ensure that our growth is sustainable in changing markets. As a result, we are proactively adding teammates to meet the business demand."

According to a release, Embrace has plans to hire about 20 mortgage loan associates and 10 loan officers to add to the current team of loan officers in its direct-to-consumer channel in the next 60 days, all based in Middletown, Rhode Island, the company's headquarters location. It also plans to add additional teammates before the end of the year. Embrace recently launched a unique six-month "Mortgage Loan Associate" program to educate new hires with no mortgage experience about the mortgage industry, as well as about Embrace's systems, compliance requirements and sales process.

Learn more about Embrace's hiring plans. 

About the author
Director of Events
Navi Persaud is Director of Events at NMP.
Published
Jul 27, 2020
Fewer Canadians Hunt For U.S. Property

Largest component of international buyers in U.S. takes more than 25% hit

Jul 08, 2025
Fannie, Freddie Now Allow Lenders To Use VantageScore 4.0

Lenders will keep tri-merge credit scoring model; what this shift means

Fairway Independent Mortgage Corporation Announces Rebranding

Now Fairway Home Mortgage, company also donates $1M to support relief efforts in deadly Texas flooding

Jul 07, 2025
FHFA Chief Officially Calls For Investigation Of Federal Reserve Chairman Powell

Alleges Powell lied in testimony to Congress regarding Fed building renovations, says Fed Chair should be fired

BBB Will Impact Homeowners, Buyers

U.S. House and Senate must agree on certain tax, mortgage insurance premium deductions

FHFA, Fannie, Freddie Rebrand CSS To U.S. Financial Technology To Boost Recognition, Sell More MBS Services

Meanwhile, FHFA also considering renaming LLPAs for mortgages the GSEs acquire