Chase has announced plans to hire 1,200 mortgage loan officers by the end of 2010, increasing the company's sales force by 60%.
‘We have made a number of strategic investments in our organization,’ says Dave Lowman, head of home lending at Chase. ‘We have invested in new systems, aggressively grown our capacity and now are looking to increase our sales force.’
New loan officers will serve customers through bank branches in 23 states, including key states such as California, Florida and Texas and key metro areas such as New York and Chicago – as well as metro markets outside the bank's branch footprint, such as Boston, St. Louis and Washington D.C.
Chase, the third-largest lender in the U.S., originated $37.1 billion in mortgages in the third quarter.