While that has been most likely the final good 12 months for the home loan industry prior to the Great Recession, the separate home loan banker surely could weather the storm and turn out larger and stronger.
Today, they have been among the mortgage lenders that are largest in the us, having originated approximately $6 billion in mortgage loans in 2019.
They run solely through the direct-to-consumer that is retail in 44 states (and D.C.) with 700 branch locations nationwide.
Interestingly, they have been a wholly owned subsidiary for the longer & Foster organizations, which can be part of HomeServices of America, a Berkshire Hathaway affiliate, so they really seem to have a very good connection to the estate industry that is real.
Let’s find out more about why Prosperity home loan might be a good option for your following home loan.
Prosperity Mortgage Fast Facts
- Created in 2006 in the Carolinas, currently based out of Chantilly, Virginia
- A lot more than 700 branch that is brick-and-mortar nationwide and 350+ loan specialists
- 11 local workplaces that procedure, underwrite, and near loans
- Closed approximately $6 billion in mortgage loans during 2019 via retail channel
- Also run a family group of neighborhood brands including Edina Realty Mortgage, FM Lending solutions, DFW Texas Mortgage, and Long Mortgage an element of the HomeServices group of home loan businesses, a Berkshire Hathaway Internet
As noted, Prosperity home loan is just a mortgage that is relatively young, having been created in 2006.