Embrace Loans opens first NYC office

Competitive market conditions in New York City have become more competitive, national mortgage lender Embrace Loans has established its first office in the city

Embrace Loans opens first NYC office
Competitive market conditions in New York City have become more competitive, national mortgage lender Embrace Loans has established its first office in the city.

The lender already has offices in New York state – in Hauppauge and New Rochelle – but the new location on West 31st Street will enable it to support growing demand for homes in the market.

The team in the new office will be led by branch manager Billy Fazio who has 13 years’ experience in the mortgage industry including time at HomeBridge, American Banc Shares Mortgage and The Mortgage Firm.

“The housing market continues to make significant gains across the nation, including New York State,” said Jeff McGuinness, chief sales officer at Embrace Home Loans. “Opening a new office and adding the industry’s top talent will position us to better support those markets, and we know Billy and his team will be the perfect individuals to do so. Not only do his customer-centric values align with Embrace’s commitment to providing outstanding service, but his dedication to enriching communities in need speaks to his personal values. We’re confident he will be a great addition to our team.”

To celebrate the new office, Fazio and his team are holding a networking event Thursday (May 18) at Jue Lan Club.

“As the New York real estate market becomes increasingly competitive, Embrace’s newest branch will support the increased demand for home-buying.” said Fazio. “Our goal is to not only create an enjoyable experience for both borrowers and real estate agents, but also provide them with a needed competitive edge. We look forward to supporting this market and serving as a trusted and experienced lender to the community.”