EagleBank Mortgage Lender Achieves Top 150 Ranking Nationwide for Mortgage Originations

BETHESDA, Md., April 27, 2017 (GLOBE NEWSWIRE) -- EagleBank celebrates Senior Mortgage Banker Mehdi Pirzadeh.  He is ranked in the Scotsman Guide as a Top Originator for 2016. Rankings are based on total dollar volume and include lenders from all over the Nation. Mehdi Pirzadeh placed #150 out of 500 originators, with a 2016 dollar volume of $122,099,910, and 250 closed loans.  This is not an unusual achievement for Pirzadeh; his production numbers and rankings have been impressive throughout his career.    

Also placing in the Scotsman Guide's Top 500 rankings is Senior Mortgage Banker Raj Mahajan, who is also not new to superior annual production numbers. He placed at #444, with $91,921,890 in dollar volume with 199 closed loans.

Scotsman Guide, a resource for mortgage originators, releases its annual Top Originators rankings in April for the previous year.  The list ranks the nation's top mortgage brokers, originators and bankers in their residential edition. To be eligible, originators must have at least $40 million in loan volume or 100 closed home loans in the previous calendar year. Nearly 3,000 entries from mortgage professionals across the country were submitted for 2016 rankings.

"The success achieved by Mehdi and Raj is only surpassed by the satisfaction of customers served who were able to live their dream of homeownership with the best possible mortgage service available. Personal attention from a talented team of lenders, underwriters, processors and others who, together, provide the application-to-closing service for which EagleBank's Residential Lending team is known for and is rewarded by repeat business and referrals. We salute the whole team," commented EagleBank's Chairman and Chief Executive Officer Ronald D. Paul.

About Eagle Bancorp, Inc. and EagleBank

Eagle Bancorp, Inc. is the holding company for EagleBank, which commenced operations in 1998. EagleBank is headquartered in Bethesda, Maryland, and conducts full service commercial banking through 21 offices, located in Montgomery County, Maryland, Washington, D.C. and Northern Virginia. EagleBank focuses on building relationships with businesses, professionals and individuals in its marketplace.

EagleBank Contact 
Ronald D. Paul
301.986.1800