FORT WORTH, Texas, June 10, 2016 /PRNewswire/ -- Colonial National Mortgage, a division of Colonial Savings, F.A., and one of the nation's leading originators of residential mortgages, is opening a new retail mortgage branch in Little Rock, AR. Colonial's first Arkansas-based location will be located at 8201 Cantrell Road, Suite 330, Little Rock, AR 72227.
Colonial, who services 99 percent of the loans they originate, offers a wide variety of loan programs to customers nationwide. Colonial has received multiple awards including the "Five Star – Highly Recommended" rating by Bauer Financial as one of the strongest financial institutions in the country, and is recognized by Fannie Mae as one of the top mortgage servicers in the nation.
Colonial's latest expansion represents the company's commitment to bringing homebuyers the highest level of service possible, as well as providing a wider selection of home loan products designed to fit each customer's unique needs, according to David Motley, president of Colonial.
"We are very excited to serve the wonderful community of Little Rock," said Joe Chapman, Retail Division Vice President. "Colonial continues to be a leader in the mortgage industry with a history of superior service that stretches from loan application to long after closing. We are excited to bring all of Colonial's award-winning services to The Natural State."
James Nichols will oversee operations as the Regional Manager. He has more than twenty years of experience in the financial services industry, including residential, commercial and consumer lending, new business development, strategic initiatives and more. Yvonne Lowe will serve as the location's Sales Manager. Lowe joins Colonial's management team with extensive experience in sales management and a proven record of success in residential, commercial and consumer lending in the Little Rock area. Loan Officer Scott Cross has also joined the Colonial team in Little Rock to provide a full array of loan programs to homebuyers. The branch expects to add additional loan officers in the near future and is actively recruiting experienced mortgage originators to serve the Little Rock market.
Founded in 1952, Colonial is a national, multi-service financial institution headquartered in Fort Worth, Texas, and is one of largest servicers of mortgage loans in the United States, with a servicing portfolio of $26 Billion. It is the parent company of Colonial National Mortgage, a leading retail mortgage lender; CU Members Mortgage, which provides mortgage services to more than 1,000 credit unions nationwide; Community Bankers Mortgage, which provides mortgage origination and servicing to community banks; and Colonial Savings, a network of eight consumer/commercial banks located throughout North Central Texas. It is also affiliated with Colonial Life Insurance Company of Texas, DuBose & Associates Insurance, and Colonial Lloyds. The privately held company provides a full array of personal and business financial products and originates approximately $2.5 billion in FHA, VA, Jumbo, conventional, condo, and innovative single close construction loans annually. For additional information, please visit GoColonial.com.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/award-winning-mortgage-lender-colonial-national-mortgage-opens-new-location-in-little-rock-300283015.html
SOURCE Colonial National Mortgage