Primary Residential Mortgage, Inc. Achieves Significant Growth; Hires 50 New Employees in 2012

SALT LAKE CITY, Aug. 28, 2012 /PRNewswire/ -- Primary Residential Mortgage, Inc. (PRMI), one of the top lenders in the mortgage industry, has announced the hiring of 50 new employees at its corporate headquarters in Salt Lake City since the beginning of 2012. This comes after months of increased growth by PRMI, putting them on-track to fund nearly $5 billion in mortgage loans by the end of 2012.

"Our success and growth is a credit to our employees' dedication and hard work," said Dave Zitting, President and CEO of PRMI.  "Our team is committed to conducting business with integrity and excellence–two of our company core values–which has helped us build on our reputation as a thought leader, increasing consumer confidence. Even in a complex and changing economy, we've added more people to our team and continue to achieve our goals."

The PRMI corporate office began 2012 with 185 employees and has grown to 235–a 27 percent increase. This comes after PRMI went through a brand refresh in mid-July of this year, an effort to increase awareness of its mission "to be a nationally respected, locally known home loan company whose purpose is to finance your homeownership goals through a positive and personal experience."

"Ultimately, our purpose at PRMI is to help people achieve their dream of homeownership," Zitting said. "We need excellent employees to make those dreams a reality. Our new hires, refreshed brand, and increased volume are really helping PRMI stay at the forefront of the mortgage industry."

PRMI has achieved significant growth milestones since it started in 1998. In 2000, PRMI had 18 employees and closed the year with $38 million in funded volume.  In 2010, it surpassed more than $4 billion in funded mortgage loan volume and is well on its way to reaching $5 billion in 2012.  Currently, PRMI has more than 200 active branches and employs more than 1,500 people nationwide. They are licensed in 49 states, including Washington, D.C.

For more information about PRMI or to talk to a loan officer, visit http://www.primaryresidentialmortgage.com.

ABOUT PRMI
Headquartered in Salt Lake City, Primary Residential Mortgage, Inc. (PRMI) is a privately held, debt-free, independent, full-service, residential mortgage banker, which focuses primarily on traditional residential loan products. Since it started in 1998, PRMI has grown into a nationwide, multi-billion dollar operation with 1,500 employees working in over 200 branches.  The company is licensed in 49 states, and Washington, D.C.

PR Contact:
Jeremy Kartchner
Snapp Conner PR
(801) 994-9625
[email protected]

SOURCE Primary Residential Mortgage, Inc.