International City Mortgage Opens New Branch Office in Merced, CA

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International City Mortgage, a privately held residential mortgage direct lender since 1987, announces the opening of its newest retail branch office, naming two local industry veterans as co-managers.

International City Mortgage (ICM) today announced that it has opened a new retail loan origination branch in Merced, CA to serve the residential home loan needs of homebuyers and homeowners in Merced and surrounding San Joaquin Valley communities.

The company has named local industry veterans Joe Stefani and Bob Sullivan as co-managers. With over 35 years of combined mortgage lending experience, the Stefani/Sullivan team promises to be a formidable production unit for ICM. “We both managed very successful mortgage companies in Merced before deciding to join forces earlier this year,” said Sullivan. “Our whole dynamic Merced team, Christy Macias, Sam Parker, Marco Guzman, Buffy McDaniel, Erica Arceo, Joe Stefani and myself are all excited to have found in International City Mortgage a company with the same strong commitment to service that we have.”

Chris Freck, ICM Production Vice President, was instrumental in opening the new office. “Joe, Bob and their team represent exactly the type of high integrity mortgage professionals that we are proud to have at ICM,” said Freck. “Their focus on helping local home buyers matches ICM’s.”

“We’re pleased to have such an outstanding team join our company to establish our presence in the San Joaquin Valley,” said Mike Matthews, ICM SVP of Production. “Joe and Bob are industry veterans who understand our business model and customer centric culture. We look forward to supporting them, and working together with them, to serve the needs of this new market.”

About International City Mortgage:
International City Mortgage, Inc. is a privately held residential mortgage banker. Founded in 1987 on the principles of responsible lending, competitive rates, and exceptional service, they have successfully weathered mortgage industry cycles and are positioned for sustained growth. Their retail branch locations are focused primarily on purchase transactions, which are generated from strong relationships with Realtors and Builders. As an approved Fannie Mae Seller and Ginnie Mae Issuer, they are in a position offer a wide range of financial solutions for homebuyers and homeowners, including Conventional, FHA, VA, USDA, Jumbo and Bond products. Licensed by the Department of Corporations under the California Residential Mortgage Lending Act #4130570. Illinois Residential Mortgage License #MB.6760856. Nevada Mortgage Banker License #3795. Utah Division of Real Estate License #8367544. HUD Mortgagee #7906300005. Business services and products do not originate from HUD, FHA, the Government of the United States, or any Federal, State or local government agency. For more information, please visit the Company website at http://www.icitymortgage.com.

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