Booming mortgage sector bringing jobs with it

by Donald Horne12 Nov 2015
Happy days are here again, with housing numbers up and the mortgage sector passing those benefits along to a job-hungry nation.

All sectors of the mortgage industry are actively hiring, with Churchill Mortgage being just one of the companies that are in the midst of expansion and a frenzy of hiring, bringing on board nearly 100 new employees in this year alone.

“The growth we have seen this year – opening two new branches and adding nearly 100 mortgage professionals to our team – is a direct result of our ultimate mission to support borrowers’ financial needs on the path to debt-free homeownership,” said Mike Hardwick, president of Churchill Mortgage. “This provides a great deal of momentum heading into the end of 2015 and also serves as a strong starting point for next year.”

It was only recently that the company announced the addition of 13 mortgage professionals to its branches in Arizona, California, Oregon, Tennessee, Texas and Virginia, providing conventional, FHA, VA and USDA residential mortgages across 34 states, bringing the total number of employed in the privately owned company to more than 300.

According to recent statistics, employers added 3.1 million jobs last year and are on pace to add 2.5 million jobs this year, with unemployment falling to a seven-year low of 5.1%.

Part of that success comes from the housing industry, with new home sales numbers increasing 21.2% through the first of this year, supported by relatively low mortgage rates.

COMMENTS

  • by Rielly | 11/12/2015 1:20:53 PM

    Now all the new LO's and their AMC's is to find Appraisers

  • by Stupid | 12/28/2015 1:09:30 AM

    The Lowest unemployment rates in 7 years - this article is garbage.

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