MiMutual Mortgage, the national retail channel for Michigan Mutual Inc., recently opened a branch in South Jordan, Utah, which is a suburb about 20 miles south of Salt Lake City.
In addition, the lender plans to open another branch in Lehi, Utah.
Spencer Stott has been named regional manager and will manage the Salt Lake City location.
Stott has more than a decade of mortgage industry experience. As a licensed mortgage loan originator, he has specialized in Federal Housing Administration, Veterans Affairs, conventional and jumbo mortgages.
Working with Stott will be John Stevens, vice president of business development. Stevens will work closely with Stott to grow the company’s presence in – and service to – the Salt Lake City community.
The new branch in South Jordan currently has 14 employees, the company reports.