First Federal of Lakewood, based in Lakewood, Ohio, has launched a new division, First Federal Lending, and opened two offices in Westerville, Ohio, and Solon, Ohio. Both offices will focus primarily on the sale of residential loan products.
‘Despite the current economic climate, we remain steadfast in our commitment to the housing market in Ohio,’ says Gary Fix, First Federal of Lakewood president, CEO and managing officer. ‘As other lenders exit the market, or pull back, we see opportunities to grow our residential loan business, which is one of our core areas of expertise.’
The First Federal Lending Columbus office, previously known as Market Street Lending, is a former correspondent residential lender with First Federal of Lakewood. The company's six employees, comprising four loan originators and two support personnel, are now employees of First Federal of Lakewood and will focus on mortgage loans throughout the state of Ohio. The loan office is located at 128 County Line Rd.
The First Federal Lending Solon office will be managed by Steve Greenwald, who has more than 15 years of residential mortgage loan experience, and will include Mary Orban, who was hired as the loan production assistant.