PORTLAND, Ore, July 13, 2021 / PRNewswire / – Churchill Mortgage, an industry leader offering conventional, FHA, VA, and USDA residential mortgages in 47 states, announced today that its Pacific Northwest division is well on the way $ 1 billion of annual loan volume just two years after opening the first branch, reflecting the company’s rise to become one of the fastest growing mortgage lenders in the region.
Churchill’s PNW team averaged $ 70 million Funding volume in the first 5 months of 2021 and should increase this number by further $ 23-28 million per month as an influx of new loan officers comes online over the next 60 days. The latest hires coincide with an ongoing expansion initiative with Churchill opening new offices in. will open Southwest Washington, South Dakota, Hawaii, Idaho and Oregon later this summer.
After starting in 2019 with a single office in Portland With four team members, the PNW Division has now grown to 23 locations with a total of 125 employees in seven states. Churchill’s ability to recruit a diverse mix of industry veterans and rising stars, rooted in their local communities, has played a major part in the growth spurt with the company’s popularity Certified homebuyer The program also serves as a key differentiator in a region that is home to some of the most competitive housing markets in the country.
“Beat $ 1 billion the annual loan volume just two years after our doors opened is a remarkable achievement and speaks to the extraordinary amount of hard work and dedication to excellence that our PNW team members have shown from day one, “said Kevin Hanna, President of the Churchill Mortgage Pacific Northwest Region. “Today, more than ever, lenders need to be quick and clear about how they can deliver tangible value to homebuyers in the challenging current environment, and we pride ourselves on how we have helped our clients overcome these hurdles as they make their way start.” to debt-free home ownership. We look forward to the opening of our new offices and will continue to look for further expansion opportunities in the region in the coming months. “
“Churchill Mortgage has always strived to put people first, and the performance of our Pacific Northwest Division shows how focusing on this most important factor enables the other elements,” said Matt Clarke, COO of Churchill Mortgage. “Kevin and his team exemplify our core value of having the heart of a teacher so that we can focus our clients on long-term success. The PNW region is a key area in Churchill’s national network and we will continue to invest in developing the team as they move into the next chapter in their growth story. “
Headquarters in Portland, Churchill’s PNW division recently opened offices in several markets across the region including Astoria, ore.; Oswego Lake, Ore.; Bending, ore.; Spokane, wash.; Tacoma, Washington.; Sandpoint, Idaho; and Anchorage, Alaska. The company offers a debt reduction program for all employees and has worked with charities across its geographic footprint including Hunger Fighters, The Oregon Food Bank, Sackcloth & Ashes, With Love, Meg’s Moments for Life Jackets, Shepherd’s House Ministries, and Youth Music Project.
Property prices have soared in the Pacific Northwest, according to a new report from the National Association of Realtors. Prices in Portland rose 13.5% yoy in March as available inventory remained near historic lows, with an influx of overseas buyers and persistently low interest rates fueling demand.
Churchill Mortgage was founded in 1992 and is a privately held company with more than 800 teammates. As a comprehensive and financially solid leader in the mortgage industry, the company offers conventional, FHA, VA, and USDA residential mortgages in 47 states. As heard from an expert and personal finance writer Dave Ramseys nationally syndicated radio broadcast, the lender’s mission is to help borrowers obtain debt-free home ownership and build wealth through a smarter mortgage plan, regardless of their starting point. Churchill Mortgage is a wholly owned subsidiary of Churchill Holdings, Inc.
Churchill Mortgage’s notable achievements include being recognized as a “National Top Workplace”, “Top Lender” by Scottish Guide: Housing, eight-fold “Top Workplace” by The Tennessee, one of the “Best Mortgage Firms to Work for” by National mortgage news and a “Fast 50” company, “Top 100 Private Company” and “Best in Business” by the Nashville Business Journal. For more information on Churchill mortgages, visit Churchillmortgage.com or follow the company LinkedIn, Twitter @ChurchillMtg, Instagram, Pinterest and Facebook.
SOURCE Churchill Mortgage