Churchill Mortgage PNW will receive $ 1 billion in annual loans

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Milestone comes just two years after launch when the company announces new subsidiaries in Washington, South Dakota, Hawaii, Idaho and Oregon.

PORTLAND, ore, Jul 13, 2021 / PRNewswire / – Churchill Mortgage, an industry leader providing conventional home mortgages, FHA, VA and USDA in 47 states, announced today that its Pacific Northwest division is on track to surpass 1 billion dollars in annual loan volume just two years after the opening of the first branch, reflecting the company’s growth as one of the fastest growing mortgage lenders in the region.

Churchill’s team PNW average 70 million dollars in funded volume during the first 5 months of 2021, and this figure is expected to increase by one more US $ 23-28 million a month as an influx of new loan officers will come to work over the next 60 days. The latest recruitment coincides with an ongoing expansion initiative under which Churchill will open new offices in Southwest Washington, South Dakota, Hawaii, Idaho as well as Oregon later this summer.

After launching in 2019 with one office in Portland With four team members, PNW has since grown to 23 offices and 125 employees in seven states. Churchill’s ability to recruit a wide variety of industry veterans and rising stars deeply rooted in their local communities has played a significant role in the company’s soaring popularity. Certified Home Buyer The program is also a key factor in the region, which has some of the most competitive housing markets in the country.

“Hit 1 billion dollars in annual loan volume just two years after we opened our doors is a remarkable achievement that speaks volumes of the extraordinary amount of hard work and commitment to excellence that our PNW team members have demonstrated from day one, ”said Kevin Hannah, President Churchill of the Pacific Northwest Region Mortgage. “Now more than ever, lenders need to show quickly and clearly how they can deliver tangible value to home buyers given how challenging the current environment is, and we pride ourselves on helping our clients overcome these hurdles as they begin their journey. to home ownership without debt. We look forward to opening our new offices and will continue to look for additional expansion opportunities in the region in the coming months. ”

“Churchill Mortgage has always been committed to putting people above profit, and the achievements of our Pacific Northwest region demonstrate how focusing on this most important factor allows other articles to fall into place,” said Matt Clark, Chief Operating Officer of Churchill Mortgage. “Kevin and his team demonstrate our core value – the heart of the teacher, so we set our clients up for long-term success. The PNW region is a key area in Churchill’s national network and we will continue to invest in the development of the team. when they enter the next chapter of their growth story. “

Headquartered in PortlandChurchill’s PNW division recently opened branches in several markets across the region, including Astoria, Oregon.; Lake Oswego, Oregon; Bend, ore.; Spokane, Washington.; Tacoma, Washington.; Sandpoint, Idaho; as well as Anchorage, Alaska… The company offers a debt reduction program for all employees and partners with charities across its geographic reach, including Hunger Fighters, The Oregon Food Bank, Sackcloth & Ashes, With Love, Meg’s Moments for Life Jackets, Shepherd’s House Ministries, and the Youth Music Project. …

Home prices have skyrocketed across the Pacific Northwest, according to a new report from the National Association of Realtors. Prices in Portland rose 13.5% year-on-year in March as available inventories remained near historic lows, with an influx of out-of-state buyers and persistent low interest rates that boosted demand.

Churchill mortgage
Churchill Mortgage, founded in 1992, is a privately held company with over 800 employees. As a leader in full service and financially sound mortgages, the company provides conventional home mortgages as well as FHA, VA and USDA mortgages in 47 states. As you heard about the expert and author of personal finance Dave Ramsey A nationally syndicated radio show, the lender’s mission is to help borrowers get debt-free home ownership and increase wealth through a smarter mortgage plan, regardless of their starting point. Churchill Mortgage is a 100% subsidiary of Churchill Holdings, Inc.

Notable achievements for Churchill Mortgage include being recognized as Best National Workplace and Best Lender. Scotsman Guide: Residential, 8x Best Workplace Tennessee, one of the “best mortgage companies to work” according to National mortgage news and the company “Fast 50”, “Top 100 Private Company” and “Best in Business” according to Nashville Business Magazine… For more information on Churchill mortgages, visit Churchillmortgage.com or follow the company on LinkedIn, Twitter @ChurchillMtg, Instagram, Pinterest as well as Facebook

Media Contact:
Nick Banashak
Wilbert Group
nbanaszak@thewilbertgroup.com

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SOURCE Churchill Mortgage



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