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Equity Loans Expands into Wholesale Market, Appoints SVP of Sales

In Atlanta, ""Equity Loans LLC"":http://www.equityloans.com/Content/20.htm announced it has expanded into the wholesale market and appointed an SVP of sales to support growth.

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Kingsley Kodan joined Equity Loans from a director position at National Fidelity Mortgage. Prior to that role, he held business development and sales positions with Franklin American Mortgage Company, First Residential Mortgage Services Corp., and Carteret Mortgage Corp. He has 18 years of experience in the mortgage industry.

Equity Loans entered the wholesale market to build its servicing portfolio and to enhance its diverse product offering, according to a release. Additionally, the company plans to establish a dedicated wholesale team to eliminate internal bandwidth issues and maintain its commitment to customer service and quick closing times.

""Since no situation is the same, Equity Loans is committed to expanding into other channels to enable our branch managers to offer borrowers an abundance of flexible options, as well as open up new market opportunities for the future,"" said CEO Kunjan Patel. ""Kingsley is instrumental in supporting our wholesale operations and we are confident his knowledge and expertise will be an excellent addition to Equity Loans.""

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