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Embrace Home Loans opened a 5000 square foot office in Arden Hills, Minnesota. The office launched with 10 employees and has space to add 15 to 20 more.
The new Embrace office houses a sales team dedicated to supporting Embrace's Ameriprise Financial business. In May 2020, Embrace announced a partnership with Ameriprise Financial to provide Ameriprise's wealth management advisors and clients with mortgage financing and services.
Mike Kohn, team leader with Embrace's Financial Institutions Group, is heading the new branch. Kohn joined the company earlier this year after 20 years with Wells Fargo Home Mortgage in Minneapolis and Wisconsin.
“The Twin Cities area has many experienced mortgage industry professionals,” Kohn said.
Kevin Bjork, alliance development manager and vice president with Embrace's Financial Institutions Group, oversees the Ameriprise relationship for the company in Arden Hills and in other locations.
“We expect to grow our business here even more and will likely be adding a few more people before the end of the year,” said Bjork.
Bjork is a 25-year mortgage industry veteran with a background in capital markets, correspondent-wholesale lending, as well as building relationships and partnerships with financial services companies. He spent the bulk of his career with Wells Fargo Home Mortgage in senior positions, including heading Well's Fargo's joint venture partnerships.
“The greater Minneapolis-Saint Paul area has a thriving housing market with a strong talent base of mortgage professionals,” Bjork said.
The new office is located at 6 Pine Tree Dr, Suite 100, Arden 55112. Mortgage professionals in the area can view and apply for available opportunities by visit Embrace's careers site.
