theMReport.com Your trusted source for mortgage banking news
""V.I.P. Mortgage, Inc."":www.vipmtginc.com/ is increasing its footprint in Tucson, Arizona. The company recently announced that it conducted in excess of $113 million in mortgage loans during 2011, and V.I.P. also noted that it is continuing to add home loan specialists within its Tucson branch, hiring nearly a dozen personnel last year alone.
[IMAGE]The company has merged two of its loan groups in the city, combining V.I.P. teams led by Rob Purvis and Jim Kaiser. Currently, V.I.P. has a total of 35 employees in Tucson, and in
[COLUMN_BREAK]an official statement, the company revealed that 17 of its loan staff are ranked among the area's top producers.
Commenting on the growth V.I.P. has experienced during the past 24 months, the company's local branch manager, Jim Kaiser, said, ""The timing couldn't be better to form this partnership between our two teams. With rates at an all-time low and the housing market on an upswing, mortgage companies are rebounding and V.I.P.'s business model is very attractive.""
Purvis added his thoughts, stating, ""Of course, my solid relationship with Jim and the Company's extremely competitive rates, product variety and aggressive pay structure contributed to my decision to join forces with V.I.P. Most importantly, however, is the company's family-style approach and business platform that hooked me. Allowing me to continue to close loans in three weeks or less while providing the unmatched level of service my clients deserve was ultimately my deciding factor.""
In closing, Kaiser provided insight into V.I.P.'s forecast for 2012, adding, ""Based on our current number of loan officers and not even anticipating additional growth in that area, our projected production for the upcoming year is just under $200 million.""
