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BrandMortgage Expanding Footprint in Alabama Market
  • USA - English


News provided by

BrandMortgage

Feb 28, 2015, 00:00 ET

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BrandMortgage, brandmortgage.com
BrandMortgage, brandmortgage.com

Lawrenceville, Georgia (PRWEB) February 28, 2015 -- Positive market trends led BrandMortgage to expand its reach into new markets of Alabama earlier this year with offices opening in both Dothan and Orange Beach. By broadening their stronghold in Alabama, BrandMortgage can better serve the Dothan and Orange Beach markets, offering an extensive menu of loan products and services that are often unseen in the industry.

These two additional branch offices will allow us to better serve the Dothan and Orange Beach communities while broadening our market share in the region.

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With the resurgence of the housing industry, BrandMortgage has been following specific market trends in Alabama. According to the Alabama Center for Real Estate (ACRE), Alabama residential sales during the fourth quarter of 2014 were up 7.5 percent compared to the same period a year earlier, representing the best fourth quarter since 2007. With homebuyers steadily returning to the purchase landscape and millennials entering the market, strong and continued growth for Alabama and the entire Southeast is expected.

The mortgage bank has multiple offices across the Southeast, including an existing branch in Grant, AL. In an effort to better serve clients, BrandMortgage recognized a need to secure additional branch locations throughout the growing state. For residents living in Dothan and surrounding areas, a new office is led by Branch Manager Melanie Boggs, with mortgage bankers Rick Grantham and Missy Messick rounding out the team. For those in the Orange Beach area, a new branch office is managed by Beck Megginson.

“We are excited to expand our reach throughout Alabama,” says Alex Koutouzis, President and Managing Partner. “These two additional branch offices will allow us to better serve the Dothan and Orange Beach communities while broadening our market share in the region.”

BrandMortgage has extensive experience in the homebuilding market. Most impressively, the company has long-standing relationships with dozens of builders and realtors throughout the Southeast region. With the growth in home prices over the past year and the lowering of FHA mortgage insurance premiums, there are expectations that new home construction activity and home values will continue to grow over the next few quarters, making it easier for first-time homebuyers to enter the market.

The talent from the BrandMortgage team will enable homebuilders and homebuyers to utilize the extensive menu of lending products available, including construction permanent, VA loans, doctor loans, extended rate locks, first-time homebuyer loans, self-employment loans, in-house niche and portfolio products, to name a few.

In addition, BrandMortgage has over 20 additional branch locations throughout the North and South Carolina, Florida, Georgia, Tennessee and Virginia. Homeowners and buyers in Dothan and the surrounding areas are encouraged to call (334) 803-8242 to set an appointment with a mortgage specialist or visit the BrandMortgage office at 130 East Main Street, Dothan, AL 36301.

For those in or around Orange Beach, our mortgage specialist can be reached at (251) 980-1112, or you can visit the Orange Beach branch office at 2690 South McKenzie Street, Foley, AL 36535.

About BrandMortgage

Standing tall on their century-long history of operating with respect, trust and integrity, BrandMortgage is a subsidiary of The Brand Banking Company – which was founded in 1905 and is one of the oldest privately-owned banks in Georgia. BrandMortgage is focused on being the best and strongest lender in the Southeast and, while they provide loans in 10 states, the full-service lender has never outgrown their Georgia roots. Offering a wide variety of mortgage finance products, they help each and every client choose the best options to fit their budget and meet their individual needs. BrandMortgage strives to take the guesswork out of the application process and explains all of the options in simple, straightforward language so their clients feel comfortable and secure with their decision. To learn more about BrandMortgage and their broad assortment of mortgage finance products, please visit http://www.brandmortgage.com.

Jennifer Barakat, BrandMortgage, http://www.brandmortgage.com, +1 (678) 226-7896, [email protected]

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