Connecticut-based Total Mortgage plans expansion in 12 new states

by Paolo Taruc07 Dec 2017
Connecticut-based Total Mortgage has revealed major expansion plans for 2018, as it seeking to open branches in 12 new states over the next 12 months.

The firm is currently licensed in 45 states and Washington, D.C. In a statement released Tuesday, Total Mortgage said its goal is to establish local, community-serving branches based on the same model they have employed across Connecticut.

As part of its expansion plans, the firm has hired industry veteran Michael Duda in the newly created position of director of national sales. In his 25-year career in mortgage, Duda has worked in retail, wholesale, and the correspondent space.

“Between our rapidly evolving marketing technology and the efficient operational platform Total Mortgage has become known for, we're expecting rapid growth nationwide," Duda said. "We've already seen some incredible success with our most recent branch acquisitions.”

In addition to Connecticut, the firm has branches in Florida, Massachusetts, New York, Rhode Island, and Wisconsin. The company was been included in Inc. Magazine’s list of America's fastest growing companies in 2010, 2011, 2012, and 2014. It originated $1 billion in residential mortgages in 2016.

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