Waterstone Mortgage Opens New Branch In Illinois – NMP Skip to main content

Waterstone Mortgage Opens New Branch In Illinois

Jun 24, 2022
Waterstone Mortgage logo
Senior Editor

Patrick and Jason Durkin will lead the newest East Region branch.

National mortgage lender Waterstone Mortgage Corp. has announced the opening of a new branch in Morris, Ill., led by branch managers Patrick and Jason Durkin.

They will focus on serving customers in Will and Grundy counties, as well as the surrounding southwestern Chicago suburbs.

“From a support standpoint, the technology we have seen at Waterstone Mortgage is incredible,” Jason Durkin said. “Technology is key for a quick and smooth loan process.”

The Morris team currently consists of the Durkins and Norina Schroth, a loan partner/processor. In the coming months, they plan to expand by finding like-minded, customer-centric loan originators.

The Waterstone Mortgage Shorewood/Morris office is located at 1802 North Division, Suite 704, in Morris, Ill.

Founded in 2000, Waterstone Mortgage is a wholly-owned subsidiary of WaterStone Bank and is based in Pewaukee, Wis.

About the author
Senior Editor
Keith Griffin is a senior editor at NMP.
Published
Jun 24, 2022
Jobs Report Comes In Weak After Mortgage Rates Surge

Employers added just 29,000 jobs in September, sending Treasury yields lower and offering a potential counterweight to the recent rise in mortgage rates

Oct 02, 2026
Price Cuts Hit Four-Year High As Mortgage Rates Top 7%

More than one in five listings took a price cut in September, but pending sales still posted their sharpest annual decline since March 2025

Oct 01, 2026
Serious Mortgage Delinquencies Rise 19% After Five Months Of Improvement

ICE data shows 574,000 mortgages were at least 90 days past due in August, while early-stage delinquencies remained below year-ago levels

Sep 29, 2026
Smaller Down Payments Give Buyers More Room, But Rates Limit The Savings

The typical down payment fell 9% from a year ago, while shifting market conditions are giving originators different affordability conversations across the country

Sep 25, 2026
Mortgage Rates Break 7% Just As Builders Find A Way To Move Buyers

New-home sales rose 6.4% in August as builders cut prices, offered incentives, and sold more lower-priced homes. Now mortgage rates are moving against buyers again

Sep 25, 2026
Borrowers Want Digital Closings, But Some Originators Remain Hesitant

ServiceLink finds 45% of surveyed LOs cite borrower reluctance as a barrier, even though most recent buyers say digital options would influence their choice of mortgage provider

Sep 23, 2026