Latest News
July 8, 2010 BusinessWire
Embrace Home Loans Announces New Branch in Salem, Va.
NEWPORT, R.I.--(BUSINESS WIRE)--Embrace Home Loans, a prominent leader in the mortgage industry and a direct lender for Fannie Mae and Freddie Mac, approved by FHA and VA, and an issuer for Ginnie Mae, officially opened a new branch in Salem, Va. The branch is located at 2820 Keagy Road and is managed by Mike Easterly. Easterly also oversees a branch at 311 West Main Street in Bedford, Va, managed by Andrea Taylor-Goff
June 16, 2010 MarketWatch
Embrace Home Loans Marks Its 27th Year of Business with Supply-Drive to Support the Missions for Humanity Non-Profit Organization
NEWPORT, R.I., Jun 16, 2010 (BUSINESS WIRE) -- Embrace Home Loans, a prominent leader in the mortgage industry and a direct lender for Fannie Mae and Freddie Mac, approved by FHA and VA, and an issuer for Ginnie Mae, celebrated its 27th year in business with a company-wide drive to gather medical, dental, first-aid and school supplies that will be donated to the non-profit organization, Missions for Humanity. Missions for Humanity provides humanitarian aid to the world's neediest communities.
June 10, 2010 MarketWatch
Embrace Home Loans Expands with Orlando, Fla. Branch
NEWPORT, R.I., Jun 10, 2010 (BUSINESS WIRE) -- Embrace Home Loans, a prominent leader in the mortgage industry and a direct lender for Fannie Mae and Freddie Mac, approved by FHA and VA, and an issuer for Ginnie Mae, officially opened a retail branch in the Orlando, Fla. area. The branch is located at 485 Keller Road in Maitland, Fla. and is managed by vice president, Greg Peele. Peele is also the president of the Central Florida Mortgage Banker's Association. The branch's team boasts more than 175 years of combined experience, and many of its employees have worked together for at least 10 years.
June 2, 2010 MarketWatch
Embrace Home Loans Opens Lynchburg, Va. Branch
NEWPORT, R.I., Jun 02, 2010 (BUSINESS WIRE) -- Embrace Home Loans, a prominent leader in the mortgage industry and a direct lender for Fannie Mae and Freddie Mac, approved by FHA and VA, and an issuer for Ginnie Mae, officially opened a new branch in Lynchburg, Va. The branch is located at 103A Paulette Circle and is managed by Billy Woolridge.
June 1, 2010 Appomattox News
Preparing Your House for the Market: Part II
If you're selling your home, its "curb appeal" is essential. Imagine that you are seeing the property as a potential buyer. What do you expect or want to see as a buyer? Below are several key tips for getting the outside of your home in perfect selling condition.
May 26, 2010 MarketWatch
Embrace Home Loans' New Delaware Branch to Support Stable Housing Market
NEWPORT, R.I., May 26, 2010 (BUSINESS WIRE) -- Embrace Home Loans, a prominent leader in the mortgage industry and a direct lender for Fannie Mae and Freddie Mac, approved by FHA and VA, and an issuer for Ginnie Mae, officially opened a new branch in Wilmington, Del. The branch is located at 3301 Lancaster Pike and is managed by vice president Joe Beacher.
May 18, 2010 MarketWatch
Embrace Home Loans Expands Reach with Addition of Branch in Culpeper, Va.
NEWPORT, R.I., May 18, 2010 (BUSINESS WIRE) -- Embrace Home Loans, a prominent leader in the mortgage industry and a direct lender for Fannie Mae and Freddie Mac, approved by FHA and VA, and an issuer for Ginnie Mae, officially opened a new branch in Culpeper, Va. The branch is located at 608 South Main Street and is managed by Carol Coleman, who has more than 33 years of lending experience in the Virginia market.
May 17, 2010 Providence Business News
PBN names '10 R.I. Best Places to Work. Six of 35 organizations make list for fifth consecutive year
PROVIDENCE: Providence Business News and Best Companies Group on Monday announced the winners of the annual Best Places To Work in Rhode Island competition for 2010.
May 4, 2010 Appomattox News
What You Should Know About Today's Mortgage Market
The current lending environment is vastly different from what it was a decade ago. Today, tightened credit guidelines and fewer loan
products have made it difficult and even impossible for some to obtain a loan.
April 28, 2010 National Mortgage Professional Magazine
Knowledge is king: Embracing first-time homebuyers with education
As April 1 nears and buyers race to beat the deadline for the first-time homebuyer tax credit, lenders and Realtors have taken out the racing flags to carry them in. Real estate industry statistics suggest that approximately 1.8 million people are expected to receive the federal first-time homebuyer tax credit. They also indicate that the rebate has currently spurred approximately 350,000 home sales.
April 20, 2010 Appomattox News
What you should know about FHA loans
What are FHA Loans? Established in 1934 during The Great Depression, The Federal Housing Administration (FHA) program's purpose was to encourage home ownership despite the difficult economic times. For consumers who may not qualify for a standard loan, FHA enables them to obtain the financing they need to purchase a home without income limitations - exactly what consumers of that time needed.
April 15, 2010
Embrace Home Loans Maintains Compliance with RATA Comply Suite
RATA Associates, an industry-leading provider of Home Mortgage Disclosure Act (HMDA) and Community Reinvestment Act (CRA) data compliance software and services for financial institutions, announced that Newport, R.I.-based Embrace Home Loans continues to remain compliant with its RATA Comply Suite, GeoPlus Geocoding Service and Comply Peer-2-Peer. Embrace Home Loans is a prominent leader in the mortgage industry and a direct lender for Fannie Mae and Freddie Mac, approved by FHA and VA, and an issuer for Ginnie Mae.
April 6, 2010 Appomattox News
Renters Have Much to Gain by Pursuing Home Ownership
Buying a home versus renting is a big decision that takes careful consideration, but the rewards of home ownership are great. For many years, purchasing real estate has been considered an extremely profitable investment. It is an achievement that offers a sense of pride, financial stability and potential tax advantages.
March 23, 2010 Appomattox News
8 Tips for Virginia Homebuyers to Meet April 30th Tax Credit Deadline
For first-time and repeat homebuyers, contracts must be signed and accepted by April 30th. Buyers are racing to beat the clock, and lenders and realtors are doing their best to help them along. Real estate industry statistics suggest that approximately 1.8 million people are expected to receive the federal tax credit, and that the rebate has spurred nearly 350 thousand home sales to date.
March 19, 2010 MarketWatch
Embrace Home Loans Announces New Branch in Fairfax, Va.
Embrace Home Loans has officially opened a new branch in Fairfax, Virginia. The office is managed by local mortgage professional, Gil Lunsford, who has 26 years of industry experience and leads a team of mortgage origination professionals.
March 5, 2010 The Washington Times
Get Moving to Buy with Tax Credit
....Doug Benner, a senior loan officer with Embrace Home Loans in Rockville, Md., agrees that borrowers can get a preapproval for a mortgage the same day they apply, but he says consumers need to be aware that credit requirements have tightened. "There have been significant changes even within the last 45 days that can eliminate the ability of some borrowers to qualify for a loan or that can reduce the amount of money they can borrow," Mr. Benner says. "The first thing anyone should do, whether they are first-time buyers or repeat buyers, is to meet with a lender to discuss loan programs. Buyers need to be prepared with documentation for their income and assets. Borrowers today should expect to need cash for a down payment and closing costs, and they also need decent credit."
March 4, 2010 National Mortgage Professional Magazine
Embrace Home Loans Expands to Accommodate Company Growth
NEWPORT, R.I. -- New Office Space to House Internet Origination Division. Embrace Home Loans, a prominent leader in the mortgage industry and a direct lender for Fannie Mae and Freddie Mac, approved by FHA and VA, and an issuer for Ginnie Mae, today announced it is expanding to accommodate current and future growth. The company is moving its Internet origination division, which is comprised of 50 employees, to an 18,000 square foot building located in Providence, R.I.
March 1 Origination News
Making a Direct Connection
....Another originator making a splash with direct mail right now is Embrace Home Loans. The company has rebranded from its former name, Advanced Financial Services. Those firms are now the top two direct mailers.
February 10, 2010
Embrace Home Loans Raises $20 Thousand for Haiti During Auction
Newport, R.I.-based Embrace Home Loans recently organized and held an auction, in lieu of holding its annual sales meeting, to raise funds for Haiti. Raising more than $20,000, contributions will go towards Partners with Haiti to support Haitian orphanages. Embrace Home Loans is a prominent leader in the mortgage industry and a direct lender for Fannie Mae and Freddie Mac, approved by FHA and VA, and an issuer for Ginnie Mae.
February 4, 2010
Embrace Home Loans Announces New Branch in Raleigh, N.C.
Embrace Home Loans, a prominent leader in the mortgage industry and a direct lender for Fannie Mae and Freddie Mac, approved by FHA and VA, and an issuer for Ginnie Mae, officially opened a new branch in Raleigh, N.C. The branch is located at 3344 Six Forks Road and is managed by local mortgage professional, Jan Sylvester. Sylvester previously managed A Great Southern Mortgage Corporation in the Raleigh area.
January 6, 2010
Embrace Home Loans Celebrates Opening of Branch in Peachtree City, Georgia
Embrace Home Loans, a prominent leader in the mortgage industry and a direct lender for Fannie Mae and Freddie Mac, approved by FHA and VA, and an issuer for Ginnie Mae, officially opened a new branch in Peachtree City, Ga. The branch is located at 1125 Commerce Drive, Suite 100A
December 18, 2009
Mason Dixon Funding Becomes Embrace Home Loans
Mason Dixon Funding, a Rockville, Md.-based mortgage lender, today announced it is now Embrace Home Loans. Embrace Home Loans is a prominent leader in the mortgage industry and a direct lender for Fannie Mae and Freddie Mac, approved by FHA and VA, and an issuer for Ginnie Mae. The terms of the agreement were not disclosed.
December 10, 2009
Embrace Home Loans Celebrates Decades of Success with New Name and Brand
Following years of success and outstanding customer satisfaction, Advanced Financial Services (AFS), now Embrace Home Loans, announced its new corporate identity under a new name. Embrace Home Loans is a prominent leader in the mortgage industry and a direct lender for Fannie Mae and Freddie Mac, approved by FHA and VA, and an issuer for Ginnie Mae.