Mortgage Lenders of America--Poised for Growth

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One of the Kansas City area’s fastest-growing businesses has relocated into new quarters where it expects to triple its work force over the next two to three years.

Moving into the new building signals the start of a rapid expansion that has been in the planning phase for the last two years.

Mortgage Lenders of America has relocated to 10975 El Monte, a building that recently underwent an $8 million renovation. The new building gives the company 72,000 square feet of office space, well over three times what its previous quarters provided. MLA President Philip Kneibert said the company’s present work force of around 140 is expected to reach approximately 430 in the next few years. “Moving into the new building signals the start of a rapid expansion that has been in the planning phase for the last two years,” said Kneibert.

Designed by Bell/Knott and Associates, with J E Dunn as the General Contractor, the renovation is an example of evolving office space to meet for today’s changing workforce. Designed for a younger, mobile workforce that prefers casual work atmosphere and a variety of spaces with connectivity, the new space includes many open, collaborative areas, break rooms with bar seating, café booths, onsite fitness facilities, and an outdoor patio and grill.

This move continues a trend that saw MLA recognized this year by the Kansas City Business Journal as one of the area’s fastest-growing businesses. Based on revenues, the Journal also called MLA one of the largest privately held businesses in the metro area. For the last two years, Inc. Magazine has included MLA among the 5,000 fastest-growing companies in the nation.

MLA puts a high premium on customer satisfaction, said Kneibert, and enjoys a 95 percent approval rating from its customers based on funded loan survey data. It has also won LendingTree’s highest customer-satisfaction award and is three-time winner of LendingTree’s top purchase lender award.

Founded in 2000, MLA is licensed in 34 states and transacts around 90 percent of its business, which largely consists of home loan purchase transactions, online. “Online lending is continuing to grow as more and more people become comfortable making financial transactions online,” Kneibert said. Due to a pent-up demand for housing, Kneibert said he was “bullish” about the future of online mortgage lending.

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Maya Vance
Mortgage Lenders of America
+1 888-852-2212 Ext: 3206
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since: 01/2014
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