The VA lender has shown significant growth over the past year
Veterans United Home Loans had a stellar year in 2019, originating almost 67,000 VA loans, up 44% year-over-year.
The net worth of those new mortgages was $16.4 billion, 56% higher than in 2018 and these levels rank it as the nation’s number one VA lender according to data from the US Department of Veterans Affairs.
This growth was good news for mortgage professionals with the lender hiring more than 1,000 employees in 2019 and a plan to hire many more in 2020 as it expands its operations to St. Louis, Missouri.
The new office, while relatively close to the lender’s existing headquarters in Columbia (around 125 miles) the new location’s rich talent pool is key to plans to create more than 150 mortgage origination and IT roles.
“Our employees are dedicated to providing the best possible customer service experience to Veterans and service members during their homebuying journeys,” said Dr. Amanda Andrade, chief people officer at Veterans United Home Loans. “We are excited that we were able to help as many Veterans as we did achieve the American dream of home ownership.”
The firm’s headcount is more than 3,100.