Mortgage leader celebrates best year-to-date and looks forward to continued growth in 2020
BRENTWOOD, Tenn., Feb. 11, 2020 – Churchill Mortgage, a leader in the mortgage industry providing conventional, FHA, VA and USDA residential mortgages across 46 states, announced today that the company saw record success in 2019.
With the Federal Reserve lowering rates three times in 2019, the mortgage industry was presented an opportunity for growth. Seizing the lower rate environment, Churchill Mortgage experienced a 40 percent increase in production in 2019. To maintain its high standards for service during this period of growth, Churchill Mortgage expanded operations by opening 15 new branches and hiring 150 new employees across the United States.
In 2019, Churchill Mortgage and American Home Title founded Churchill Title Solutions, a title company intended to streamline the origination process and create a secure mortgage experience for borrowers, real estate agents and lenders. Additionally, Churchill Mortgage launched its “Rate Secured” program to lock eligible borrowers into an interest rate for 90-days after engaging with the lender, whether or not they have a home or property already selected. This program provides peace of mind to borrowers as they engage in the home buying process.
Furthermore, Churchill Mortgage was recognized by The Tennessean as a “Top Workplace” for the seventh consecutive time. Mike Hardwick, President and Chief Executive Officer of Churchill Mortgage, was honored by Lipscomb University as the recipient of the 2019 “Leader with a Purpose” award. The award underscored Hardwick’s integrity in his contributions to the mortgage industry. Chief Compliance Officer, Liliana Nigrelli, was also named a finalist for The Five Star Institute’s Keystone Women in Housing Leadership Awards for “Diversity and Inclusion.” This award celebrated Nigrelli’s contributions and efforts towards diversifying the national lender. Beyond supporting its employees, the company’s values guide its efforts to support customers’ path toward debt-free homeownership.
“2019 was an incredible year for Churchill Mortgage. We are excited to enter the new decade with continued strength and purpose,” said Matt Clarke, Chief Operations Officer and Chief Financial Officer of Churchill Mortgage. “Year over year, Churchill consistently guides and supports its borrowers on their path toward achieving the Real American Dream of debt-free homeownership. We are looking forward to the future of Churchill Mortgage in 2020 and beyond.”