Super-regional mortgage bank Mortgage Master [1] announced the expansion of its brand and Midwest infrastructure with the opening of a new retail branch office in Northbrook, Illinois.
The new office is Mortgage Master’s fourth branch in the Greater Chicago area and will enable the company to offer lending services to borrowers in Northbrook and the surrounding communities on the North Shore.
In conjunction with the opening, Mortgage Master announced the hiring of industry veterans Jorden Brok and Brett Lotsoff as co-branch managers to lead the new location.
With more than 17 years of experience in the industry, Brok joins Mortgage Master with more than $1.1 billion in loan closings under his belt. He most recently worked as a loan officer at 1st Advantage Mortgage in Northfield, serving prior to that as a loan officer at Guaranteed Rate Inc.
Commenting on the new branch opening, Brok said it represents “a fantastic opportunity not only for me, but for the Midwest region.”
Meanwhile, Lotsoff comes to the company with more than 21 years of experience in residential lending, having worked as a leading originator and a manager. Throughout his career, he has been a top originator, clocking in nearly $1 billion in closed loans. Like Brok, he also comes from 1st Advantage Mortgage, where he worked as SVP and branch manager at Northfield. Previously, he worked as SVP and branch manager for Guaranteed Rate Inc.
“Jorden and I have worked together for 17 years, and we are excited to become part of one of the leading and most responsible mortgage lenders in the country,” he said.
Together, the two men will focus on expanding the firm’s relationships with referral partners such as real estate agents, builders, accountants, attorneys, and the rest of the Midwest team to provide borrowers with best-in-class service and build out the branch.
“We are extremely lucky to have Jorden and Brett, both exceptional leaders and mortgage origination professionals, join Mortgage Master to build our business and brand in this important Midwest market,” said Paul Anastos, president of Mortgage Master. “Business and excitement is already building about the Northbrook office, which is off to a fast start in helping borrowers purchase or refinance a home while interest rates are still historically low.”