V.I.P. Mortgage Grows Presence in Tucson Market

TUCSON, Ariz., April 2, 2012  /PRNewswire/ -- In just two years, V.I.P. Mortgage, Inc. has increased its size in the Tucson community, recently adding nearly a dozen producers to its local branch. With Year 2011 production exceeding $113 million, V.I.P. is poised to become one of Tucson's top lending institutions.

Teaming up with long-time friend and colleague Rob Purvis, V.I.P.'s Tucson Branch Manager Jim Kaiser explained, "The timing couldn't be better to form this partnership between our two teams. With rates at an all-time low and the housing market on an upswing, mortgage companies are rebounding and V.I.P.'s business model is very attractive."

Since opening its doors in 2009 with just 17 employees, the Tucson branch has continued to attract the city's strongest talent, including nationally recognized, top producer Jerry Sundt, an 11-year veteran of the business. In 2010, the branch grew to 26 employees. Today, VIP has a team of 35 employees with 17 of those being top producers in the community.

"Based on our current number of loan officers and not even anticipating additional growth in that area, our projected production for the upcoming year is just under $200 million," said Kaiser.

"Of course, my solid relationship with Jim (Kaiser) and the Company's extremely competitive rates, product variety and aggressive pay structure contributed to my decision to join forces with V.I.P.," said Rob Purvis, Tucson Sales manager. "Most importantly, however, is the Company's family-style approach and business platform that hooked me. Allowing me to continue to close loans in three weeks or less while providing the unmatched level of service my clients deserve was ultimately my deciding factor."

Heather Hutchison, Tucson Operations Manager, added, "The quality of people and family-like atmosphere made V.I.P. my only choice when looking to make a change in the industry. I wanted to join a team focused on superior customer service, unrivaled rates in the marketplace and who valued integrity. V.I.P. truly cares about its employees and customers and I'm excited to be a part of this growing team, focused on bringing integrity back to the mortgage industry."

About V.I.P. Mortgage

V.I.P. is a mid-size mortgage bank committed to restoring the reputation of the mortgage industry. With nearly 40 years combined experience, V.I.P.'s principals offer a 'hands-on' approach that cultivates a family culture enveloped in entrepreneurial spirit.

Headquartered in Scottsdale, Arizona, Jay Barbour founded V.I.P. in 2006 amidst the collapse of the housing industry. With licenses in AZ, CA, CO, MI, NE, NM, TX, UT, WA, and WI, the Company has grown to employ 212 people in 14 branches nationwide. Each retail branch relies on corporate for in-house underwriting, funding and processing. As both the mortgage banker and broker, V.I.P.'s fully transparent origination platform ensures all loans succeed. Visit our web site at: www.vipmtginc.com.

CONTACT: Lisa Kerby 1-602-318-1043 [email protected]

SOURCE V.I.P. Mortgage, Inc.