Amerant Mortgage LLC announced the expansion of its wholesale division and onboarded 28 new team members solely focused on the wholesale business.
Amerant Mortgage LLC, which provides financial products including conventional loans, government lending, jumbo loans, and non-QM mortgages, says that its new team will “supercharge” the wholesale channel for the company.
The company says that it will be providing standardized agency offers, in addition to specialized bank portfolio products to mortgage broker partners.
“When Amerant Mortgage partnered with Amerant Bank earlier this year, we initially focused on retail offerings as our primary line of business,” said Amerant Mortgage executive vice president and chief revenue officer Howard Levine, according to a press release. “As our business evolved, we found an opportunity to accelerate the growth of our wholesale division, which led us to bringing on this accomplished team, who generated a gross loan volume of over $2B in the last year, with a heavy focus in the purchase market.”
The Wholesale team is led by industry veterans, who collectively bring half a century of mortgage experience to Amerant Mortgage, including director of Wholesale Lending Rich Linderman, National Wholesale Sales director Dennis Waxman, and director of Wholesale Operations Mellissa Rugh.