Market Overview

LoanStream Mortgage Launches 30+ State Hiring Campaign, Expands Mortgage Divisions


LoanStream Mortgage Launches 30+ State Hiring Campaign, Expands Mortgage Divisions

PR Newswire

IRVINE, Calif., Aug. 7, 2018 /PRNewswire/ -- Business is on the rise at LoanStream Mortgage (LSM). The company's CEO, Rabi Aziz, has ensured his team stay on the forefront of product innovation. While continuing to offer the traditional government and conventional loans, LSM offers a proprietary suite of non-prime products which were recently enhanced with several new options, not readily available elsewhere such as loan amounts to $10m and loans to those without permanent residency status (ITIN borrowers). Lina Colon, the company's President, describes the momentum, "Business is booming. Not every company can say that. After several years of planning and controlled growth, we are taking the gloves off! With rising rates making non-prime more attractive than ever, growth has accelerated recently. On the close horizon will be the launch of our non-delegated correspondent channel. We look forward to bringing our product innovation to mortgage bankers."

LSM, based in Irvine, CA is now expanding into 30+ states. Experienced Sales Managers, Account Executives and Branch Managers are encouraged to contact LSM. COO, Serene Vernon said, "We are laser focused on the growth of our TPO Channel and our Retail Branch Network, especially as it relates to growth of the non-prime product. We are taking every opportunity to brand local Retail Branches cross county and hire AE's as quickly as possible."

Greg Armstrong, EVP of TPO Production is on a hiring streak. Greg said LSM can't hire Account Executives fast enough. "We are hiring qualified AE's in 30+ states. We are seeing our biggest non-prime origination weeks, ever. We can't hire AE's fast enough to cover the inquiries on our products."

About LoanStream Mortgage

LoanStream Mortgage (LSM) is a registered DBA of OCMBC, Inc., headquartered in Irvine, CA. LSM is a privately held diversified mortgage lender specializing in residential financing through mortgage brokers, bankers and through it's consumer direct branch network. LSM has been focused on the residential mortgage lending market for over 30 years. As a multi-channel lender with a strong foundation of conventional agency and government products, LSM was one of the market leaders in non-agency, non-qualified mortgages.


The One Lender (PRNewsfoto/LoanStream Mortgage)

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SOURCE LoanStream Mortgage

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