Full-service mortgage lender Nations Lending has opened a new branch in Spencer, Wisc.
The company has hired 31-year industry veteran Sue Foley to lead the office as branch manager and Jason Schultz will lead as sales manager. Both hires will report to regional manager Tim Dowling.
In addition to the branch in Spencer, Foley and Schultz will manage satellite branches in Westby and Janesville, Wisc., and Festus, Mo. Foley will oversee all branch operations to lead continuous growth; Schultz will focus on loan volume and boosting sales across all locations. Over the last two years, Schultz achieved a milestone of more than $80 million in loan production.
Foley and Schultz come from USA Mortgage, where they served in management positions and helped their branches grow year-over-year with record loan volume.
“For a company of its size, Nations brings a family-friendly environment where I feel how appreciated my presence is,” Foley said. “The blend of its company culture, employee relationships, and commitment to success will allow us to thrive.”
“We have a fantastic team that is eager to grow, and this company is the best place to do that,” Schultz said. “The amazing talents within Nations prove how valued everyone is and we plan to deliver in major ways.”
“Sue and Jason are two of the best in Wisconsin. We’re confident in their ability to help us expand,” Dowling added. “Their drive and passion are inspirational, and we admire how great they are. They will fit well at Nations Lending.”
Headquartered in Cleveland, Ohio, area, Nations Lending is licensed to lend in all 50 states and employs more than 1,200 at its corporate headquarters and throughout 134 branches across the U.S.
