It marks funding milestone, looks forward to expanding
Churchill Mortgage’s Pacific Northwest (PNW) division has reached a funding milestone and is now on track to surpass $1 billion in annual loan volume – an achievement that marks it as one of the fastest-growing mortgage lenders in the region.
Just two years after opening its first branch, Churchill’s PNW team closed $70 million in funded volume through June and is expected to increase that figure by up to $28 million per month as the Portland-based company adds more loan officers over the next two months. The latest hirings coincide with its ongoing expansion plans to open new offices in Southwest Washington, South Dakota, Hawaii, Idaho and Oregon later this summer.
Read more: Churchill Mortgage ramps up expansion efforts to meet growing demand
“Hitting $1 billion in annual loan volume just two years after opening our doors is a remarkable achievement and speaks to the extraordinary amount of hard work and commitment to excellence our PNW team members have demonstrated since day one,” said Kevin Hanna, president of the Churchill Mortgage Pacific Northwest Region. “We look forward to opening our new offices and will continue to scout out additional expansion opportunities across the region in the months ahead.”
Since opening its first office in Portland in 2019, Churchill’s PNW division has grown to 23 locations with 125 employees across seven states. In addition, the company offers a debt reduction program for all its employees and has partnered with charitable organizations throughout its geographic footprint, including Hunger Fighters, The Oregon Food Bank, and more.
“Churchill Mortgage has always strived to prioritize people over profits, and the accomplishments of our Pacific Northwest division demonstrate how focusing on this most important factor enables the other items to fall into place,” said Matt Clarke, chief operations officer of Churchill Mortgage. “Kevin and his team exemplify our core value of having the heart of a teacher, so we set our customers up for long-term success. The PNW region is a key area in Churchill’s national network, and we will continue to invest in the team’s development as they enter the next chapter of their growth story.”
