BRAND MORTGAGE
NMLS #75615

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Brand Mortgage Expands to Cobb County, Doubling Capacity

2010 Growth Tops Projections

 

Brand Mortgage, a subsidiary of The Brand Banking Company, has increased its presence in Georgia by opening a 10,000 square foot facility in Cobb County. The facility is located at 50 Chastain Center Boulevard in Kennesaw, right off of I-575. The company will add about 60 new jobs in Cobb County and double Brand Mortgage’s overall underwriting and production capacity.

 

Executive Vice President and Managing Partner, Alex Koutouzis, who will oversee the Kennesaw operation, said “Brand Mortgage’s revenues have more than doubled each year since our inception in 2006.  Opening a location in Cobb County was the next logical step in our growth strategy as we look to expand throughout the Southeast.” Koutouzis joined Brand Mortgage in August, 2010 to increase its sales force and production while enhancing the company’s long-term initiatives and infrastructures.

 

The Cobb facility will be a multi-state support center providing underwriting, processing and closing capacity for Georgia, Tennessee, and Alabama. In addition to lending operations, the facility will also house the firm’s Compliance Department and Training Facility.

 

The company now employs 177 people, achieving a growth rate of about 200% since January 2009. President Greg Shumate attributes the growth to being part of a forward thinking community bank, saying “Having the backing of The Brand Banking Company with a strong and reliable funding stream has been essential to our success. Since 1905, Brand Bank has been committed to providing common-sense lending in our community.”

 

Brand Mortgage is a full service lender, offering a suite of mortgage financing options including FHA, VA, USDA, Conventional, and Jumbo products. The company supports the community by providing community reinvestment programs offered by various county and state agencies.

 

Currently, Brand Mortgage provides residential mortgages in nine southeastern states including Alabama, Florida, Georgia, Kentucky, Mississippi, North Carolina, South Carolina, Tennessee, and Virginia.



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Brand Mortgage, a subsidiary of The Brand Banking Company, is committed to helping you find the right home mortgage loan product for your needs. We understand that every borrower is different, and we offer a variety of mortgage loan products to meet your individual requirements. We make the process of securing a mortgage simple and straightforward by offering you the latest in financial tools that enable you to make sound financial choices.