Lender Continues Expanding

Mortgage Master, a super-regional mortgage lender and one of the country’s largest privately-owned mortgage companies, continues to expand its production infrastructure in New York, New Jersey and Connecticut and now has 17 branch offices and nearly 150 loan originators in the important Tri-State market. This strategic expansion is generating significant production growth in these three states, with total annual loan volume increasing over 500 percent to almost $2 billion from $388 million originations over the last five years. This growth is being driven by Mortgage Master’s more than 25 years of mortgage experience, and unique business model, which provides borrowers with the best possible pricing, products and service, and helps loan originators increase production via innovative marketing and shared ideas from some of the top originators in the industry.

“We are extremely pleased with our growth in New York, New Jersey and Connecticut, and we are continuing to strategically open new branches and hire top loan originators in these markets to help borrowers while interest rates remain close to record lows,” said Paul Anastos, President of Mortgage Master. “Borrowers are demanding experienced, trusted and caring loan originators to help them navigate the mortgage purchase or refinance process. Mortgage Master’s responsible, supportive and sustainable lending model allows our loan originators to deliver borrowers the best possible pricing and mortgage solution so they can make the right decision.”

Mortgage Master’s five New York branches employ 43 loan originators and are located in Manhattan, Brooklyn, Garden City, Rye and Tarrytown. The five New Jersey branches employ 25 loan originators and are located in Hoboken, Fairfield, Cranford, Princeton and Wall. The seven Connecticut branches employ 41 loan originators and are located in Fairfield, Glastonbury, Greenwich, Hamden, Simsbury, Stamford and West Hartford.

“Over the last few years Mortgage Master has made a significant push into the greater New York City area. In less than two years we have grown to 30 employees from just 7 and we are actively hiring quality production professionals,” said Manhattan Branch Manager Scott Bonora. “Mortgage Master is uniquely structured to succeed in the New York City metropolitan area, and the surrounding states, and communities, because of our broad product portfolio, ultra-competitive rates and excellent client service.”

Mortgage Master is enthusiastically looking to increase its branch infrastructure in New York New Jersey and Connecticut, and recruit additional high quality loan originators.

About The Author

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Tony Garritano
Tony Garritano is chairman and founder at PROGRESS in Lending Association. As a speaker Tony has worked hard to inform executives about how technology should be a tool used to further business objectives. For over 10 years he has worked as a journalist, researcher and speaker in the mortgage technology space. Starting this association was the next step for someone like Tony, who has dedicated his career to providing mortgage executives with the information needed to make informed technology decisions. He can be reached via e-mail at tony@progressinlending.com.