Churchill Mortgage, a conventional, FHA, VA and USDA lender, says its Pacific Northwest division is on track to surpass $1 billion in annual loan volume just two years after opening its first branch.
The company’s Pacific Northwest team has averaged $70 million in funded volume through the first five months of 2021 and is expected to increase that number by another $23 million to $28 million per month as an influx of new loan officers come online over the next 60 days. The latest hirings coincide with an ongoing expansion initiative that will see Churchill open new offices in southwest Washington, South Dakota, Hawaii, Idaho and Oregon later this summer.
After launching in 2019 with a single office in Portland employing four team members, the division has since grown to 23 locations totaling 125 employees across seven states.
“Hitting $1 billion in annual loan volume just two years after opening our doors is a remarkable achievement and speaks to the extraordinary amount of hard work and commitment to excellence our PNW team members have demonstrated since day one,” says Kevin Hanna, president of the Churchill Mortgage Pacific Northwest region. “Now more than ever, lenders have to quickly and clearly show how they can provide tangible value for home buyers, given how tough the current environment is.”
“Churchill Mortgage has always strived to prioritize people over profits, and the accomplishments of our Pacific Northwest division demonstrate how focusing on this most important factor enables the other items to fall into place,” adds Matt Clarke, COO of Churchill Mortgage.