Churchill Mortgage saw record originations in the first seven months of 2019, beating the same period of last year by 30%.
The firm which provides FHA, VA, and USDA residential mortgages across 46 states and has more than 400 employees, hired an additional 109 employees nationwide to keep pace with the demand.
With mortgage rates falling and predictions of 4%, the firm expects continued growth through the rest of 2019 with borrowers taking advantage of its “Rate Secured” program which enables them to cap an interest rate for 90 days after engaging with the lender.
“Churchill Mortgage’s growth in the beginning of 2019 is no accident,” said Mike Hardwick, founder and president of Churchill Mortgage. “Thanks to our team of hardworking, caring employees and innovative services, we are able to help our borrowers capitalize on the low rate environment and mentor them through the homebuying process. We are proud of how we have kicked off 2019 and look forward to success in the future.”
In additional to its strong growth in originations, Churchill Mortgage also received recognition from several industry sources and was named by The Tennessean as a “Top Workplace” for the seventh consecutive time.
More market update: