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Valon Mortgage, a home mortgage technology startup that is reinventing the home ownership experience to keep borrowers informed, announced its expansion in Tempe with the opening of a new customer support service.
The company is immediately hiring 50 new team members to service and manage mortgages and will increase to 150 next year. The office will be located at 1501 W. Fountainhead Pkwy.
“Over the past few years, the mortgage industry has undergone transformational changes – with refinancing, record low interest rates and consumer protection from COVID, just to name a few. There has never been a more exciting time to be a part of this, ”said Shamim Rehman, VP / Director of Services for Valon. “We are thrilled to expand into the Phoenix market and expand our team locally, helping our borrowers navigate what is often one of the most important transactions of their lives.”
The strategic geographic expansion to Tempe enables the tech company to better serve clients on the West Coast and provides ample scope for scaling through a thriving regional ecosystem of startups and venture capital, coupled with Arizona’s favorable regulatory environment that helps companies succeed.
“Tempe has become a place for financial services companies. We welcome Valon Mortgage not only as an employer in our community, but also as a modern mortgage option for our residents. We wish the company a lot of success, ”said Tempe Mayor Corey Woods.
“Big Phoenix has become a hub for innovative and entrepreneurial technology-driven companies looking to change the rules of the game,” said Chris Camacho, President and CEO Greater Phoenix Economic Council. “We are delighted to be a partner in the continued success and growth of Valon Mortgage here in a region that wants to help startups and all businesses succeed.”
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