Foundation Financial Group’s Mortgage Division Reports Volume through Second Quarter of 2012 is up 14.4 Percent

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Foundation Financial Group’s mortgage division reports its volume through second quarter of 2012 is up 14.4 percent over the same period one year ago.

Foundation Financial Group’s Mortgage Division reports volume through second quarter of 2012 is up 14.4 percent
I credit this increase in volume to the significant growth we have undergone in the last year...we have exceeded every expansion plan implemented over the last two years

Foundation Financial Group’s mortgage division reports its volume through second quarter of 2012 is up 14.4 percent over the same period one year ago. This comes despite the fact that The Mortgage Bankers Association’s Index of Loan Applications dropped 7.1 percent in June.

“I credit this increase in volume to the significant growth we have undergone in the last year,” said Foundation Financial Group’s CEO Mark Boyer. “We have exceeded every expansion plan implemented over the last two years.”

In 2011, Foundation Financial Group launched two new financial services divisions, Foundation Insurance Services and Foundation Retirement Services, to accompany their established mortgage division, and opened five Branch Network Office locations and one Regional Sales Center across the nation. During the first half of 2012, Foundation Financial Group launched a third new financial service division, Foundation Tax Services, opened their Wichita Branch Network Office location, and expanded their Marketing Division and their Public Relations Division. Expansion goals for the remainder of 2012 call for doubling the Foundation Financial Group Branch Network of retail offices.

Additionally in 2012, Foundation Financial Group’s Mortgage Division received its license to offer mortgages in Colorado. With a presence now in 38 states, Foundation Financial Group’s Mortgage Division actively serves thousands of customers with prime, government-sponsored and Federal Housing Administration-backed loans and refinancing and closes mortgage in an average of 17.06 calendar days, while the industry average is 45 business days.

About Foundation Financial Group

Foundation Financial Group, one of the nation’s fastest-growing financial services companies, specializes in mortgage lending, property and casualty insurance, life insurance, retirement services, personal taxes and corporate tax services. Foundation Financial Group operates multiple regional centers as well as a branch network of retail storefronts across the Midwest. Foundation Financial Group offers mortgage refinancing and first-time buyer lending through traditional financing, as well as Federal Housing Administration and other government-backed home loan programs. Foundation Financial Group enjoys an A+ rating from the Better Business Bureau, the highest accreditation the BBB gives, and an industry-leading Federal Housing Administration compare ratio.

For additional information, interview and image requests, contact the Foundation Financial Group Public Relations team at 866-659-3200.

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Jessica Gueterman
Foundation Financial Group
904-861-1717
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