Total Mortgage Services LLC, a mortgage lender based in Milford, Conn., is opening an office in Chicago, which will be its new Midwest headquarters for the city and surrounding Illinois communities.
Twenty-year mortgage industry veteran Jim Passi has been named vice president of the Midwest region. Passi founded Integra Mortgage Corp. before he joined Total Mortgage. He will be opening additional branches and recruiting branch managers and mortgage bankers in order to expand the company's footprint in the Midwest.
"Total Mortgage is excited to announce our expansion into one of the largest metro areas in the country," says John Walsh, president of the company. "Our status as Freddie Mac and Fannie Mae seller/servicers, as well as a Ginnie Mae issuer, gives us all the advantages of the big banks while maintaining the personal touch of a neighborhood lender."