Amerant Mortgage Launches Wholesale Division to Expand Services to Mortgage Brokers
Amerant Mortgage, a subsidiary of Amerant Bank, has announced the expansion of its wholesale division, onboarding 28 new team members focused on enhancing services for mortgage brokers. This move aims to accelerate growth in the wholesale sector, with the new team previously generating over $2 billion in gross loan volume. The wholesale division offers a mix of standardized agency and specialized bank portfolio products, providing mortgage brokers with greater options and flexibility. This strategic development is a response to evolving business opportunities within the mortgage market.
- Onboarding of 28 new team members enhances wholesale division capabilities.
- The wholesale team generated over $2 billion in gross loan volume last year.
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MIAMI, Dec. 7, 2021 /PRNewswire/ -- Amerant Mortgage, LLC, a subsidiary of Amerant Bank, the second largest community bank headquartered in Florida, announces today the expansion of its wholesale division. Amerant Wholesale Mortgage onboarded 28 new team members who are solely focused on wholesale business. The team will supercharge the wholesale channel for Amerant Mortgage, while providing its mortgage broker clients industry-leading products and services.
Amerant Wholesale Mortgage is excited to provide standardized agency offerings, in addition to specialized bank portfolio products to mortgage broker partners. This unique wholesale platform provides brokers and their borrowers more options and flexibility.
"When Amerant Mortgage partnered with Amerant Bank earlier this year, we initially focused on retail offerings as our primary line of business," said Amerant Mortgage Executive Vice President and Chief Revenue Officer Howard Levine. "As our business evolved, we found an opportunity to accelerate the growth of our wholesale division, which led us to bringing on this accomplished team, who generated a gross loan volume of over
The Wholesale team is led by industry veterans, who collectively bring half a century of mortgage experience to Amerant Mortgage, including Director of Wholesale Lending Rich Linderman, National Wholesale Sales Director Dennis Waxman, and Director of Wholesale Operations Mellissa Rugh.
"Since the launch of Amerant Mortgage, the partnership has steadily grown in scale," said Miguel Palacios, executive vice president and chief business officer of Amerant Bank. "The next logical step was a more robust offering to mortgage brokers, and with the addition of this new team, we have the capabilities to deliver unmatched service and product options."
For more information about Amerant Mortgage, visit amerantmortgage.com and follow on Facebook, Instagram and LinkedIn @AmerantMortgage.
About Amerant Mortgage
Amerant Mortgage (NMLS #50993) is an operating subsidiary of Amerant Bank, N.A., a wholly owned subsidiary of Amerant Bancorp Inc. (NASDAQ: AMTB). Amerant Mortgage, headquartered in Coral Gables, Florida, with additional offices in Texas and Idaho, provides a broad range of financial products, including conventional loans, government lending, jumbo loans, and non-QM mortgages. Priding itself in its 30+ years of commitment to its clients, Amerant Mortgage offers white-glove service brought to customers by a talented team of loan officers devoted to helping them with all their mortgage needs.
Media Contact:
Victoria Verdeja
Communications Manager
Amerant@KrepsPR.com
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SOURCE Amerant Mortgage
