Mike Surges, Former Wells Fargo Ventures Executive, Joins Imortgage to Lead Alliance and Homebuilder Operations

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As the new home construction market continues to improve, so does the home financing industry. Imortgage has taken a leadership position in developing a new division to fulfill the needs of the home builder and home buyer.

We see the benefits of stable homeownership and want to be one of the companies that find solutions to current and future lending challenges.

In today’s market, home financing requires a company with a proven track record, financial strength and integrity. imortgage offers an unwavering commitment to excellence in these three key areas and has earned a reputation as one of the most well respected companies in the industry.

The National Strategic Alliance Division, a department that supports homebuyers, homebuilders, developers, and real estate agents in the improving new construction market, was formed earlier this year at imortgage. The division is overseen by Mike Surges, the National Strategic Alliance Manager, who is committed to supporting the homebuilding industry.

“We see the benefits of stable homeownership and want to be one of the companies that find solutions to current and future lending challenges,” says Surges. “The home builder platform at imortgage is a combination of people, processes, and programs that provide the best possible customer service and home financing options for homebuyers.”

Mike Surges had spent the last 28 years at Wells Fargo Ventures impacting departments as diverse as sales and production, operations, and post-closing. Over the last dozen years, Mr. Surges has focused on strategic alliances and joint ventures, serving on numerous operating boards that made the key business decisions for independent mortgage companies.

“We anticipated the marketplace to bounce back and we're excited about the role we can deliver to our partners to continue the positive momentum," says Dan Hanson, Executive Vice President of National Production. "We look forward to partnering with more builders and homebuyers in coming years by offering our unique products and resources."

Homebuilders who partner with imortgage experience on-time closings, control of their backlog, realize higher profitability, and achieve high customer satisfaction results.

Unique product and services provided by imortgage include the exclusive Builder Express platform designed to streamline the initial buyer experience and closing. In addition, they have extended interest rate locks that provide protection for up to six months during the construction process. And for homebuilders interested in securing interest rates to their buyers, imortgage offers Forward Commitments. Lastly, they have an in-house Condo Project Approval team.

Founded in 1999, imortgage has become a premier builder-based mortgage banking company providing a vast array of mortgage products that has helped thousands of families start a new life in a newly constructed home. Headquartered in Scottsdale, Arizona, imortgage has 44 branches in six states and continues a steady growth pattern.

As one of the fastest growing privately held mortgage companies in the Western United States, imortgage provides big company resources and the ability to move quickly as an independent mortgage banker to ensure fluidity as the market changes.

To learn more about imortgage, visit the web at http://www.imortgage.com.

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Christina Long

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