Posted 06/02/2010 by Anonymous
June 2, 2010, 9:00 a.m. EDT · Recommend ·
Embrace Home Loans Opens Lynchburg, Va. Branch
Mortgage leaders couple experience with proven technology to support local community
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.
Woolridge has more than 23 years of real estate and mortgage experience and is a thought-leader in the Virginia market, having contributed numerous articles on local and national housing market trends. With its team's combined 65 years of lending experience, the Lynchburg branch is the largest non-bank owned mortgage lender in the area.
"We are pleased to join the Embrace Home Loans team," said Woolridge. "By joining Embrace, we now have access to the most advanced technology solutions in the industry. We look forward to leveraging this technology to continue to bring exceptional service and competitive, honest financing assistance to families in the Lynchburg and surrounding communities."
Embrace Home Loans is rapidly expanding its operations in the consolidated market. The Lynchburg branch provides the entire loan process from application to closing, and because it is not a broker, the process is much more efficient. The branch offers conventional, FHA and VA loan products as well as VHDA and USDA programs. Embrace was recognized as one of the "Best Medium-Sized Companies to Work for in America," as well as one of the "INC 5,000 Fastest Growing Private Companies in America."
Dennis Hardiman, CEO and founder of Embrace Home Loans said, "Billy and his team have worked together for many years and have proven themselves by continually providing the Lynchburg community with one-on-one service and a genuine lending experience. As leaders in their community, the branch now couples their significant experience with Embrace's technological resources, providing consumers with superior service, whether purchasing or re-financing their home. We're very eager to work with this team and look forward to serving the Lynchburg area."
About Embrace Home Loans
Founded in 1983, Embrace Home Loans is a direct lender for Fannie Mae and Freddie Mac, approved by FHA and VA, and an issuer for Ginnie Mae. Embrace Home Loans has remained a prominent leader in the industry, having helped hundreds of thousands of individuals and their families purchase new homes, lower their monthly payments and consolidate high-interest debt since its inception. For more information, please visit www.embracehomeloans.com.
SOURCE: Embrace Home Loans
For Embrace Home Loans
Anna Stanley, 251-990-3559
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