iServe Residential Lending to Open Connecticut Office, Relocate East Coast Headquarters in Stamford

STAMFORD, CT--(Marketwire - Jul 16, 2012) -  iServe Residential Lending (www.iservelending.com), a national mortgage banker, announced today it is opening a Connecticut office and moving its east coast headquarters to Stamford. iServe will occupy 10,000 square feet at 1010 Washington Blvd. in the heart of downtown Stamford. The new office will house the iServe senior leadership team, loan officers and support personnel. iServe is relocating its headquarters from Rye Brook, New York.

"We are proud to join the vibrant Stamford business community and look forward to sharing our expertise and knowledge with Connecticut residents in their quest to find unique mortgage solutions to meet their needs," said Ralph DellaCamera, the Chairman of National Asset Direct, iServe's parent company. "We are confident that our ability to close loans faster, more efficiently and with greater flexibility than our competitors will serve the state well."

DellaCamera is a Connecticut native and has been a Stamford resident for more than 25 years. As a successful investor, hedge fund manager and entrepreneur, he sees growth opportunities in Connecticut for iServe and is excited to open a Stamford branch.

"While iServe is new to the state, we've put together a remarkable team with extensive experience in the Metro NY and New England mortgage market," said Ernie Craumer, Northeast Regional Manager for iServe. "Our firm is better capitalized than most New England mortgage banks and will provide our customers and iServe with a competitive edge in this tumultuous lending environment."

Craumer is a 28 year resident of neighboring Greenwich, CT and former owner of Concorde Funding Group, Ltd.

"iServe's decision to relocate their offices to Stamford is further proof of our city's continued economic growth and business friendly environment," said Stamford Mayor Michael Pavia. "I am pleased that our residents will now have the opportunity to benefit from iServe's financial services and valuable expertise."

iServe Residential Lending is licensed in 19 states. The Stamford office will house about 50 employees and offer mortgage products that include: FHA, Conventional, HomePath, HomePath Renovation, 203k, Jumbo, USDA, VA, Reverse and more. The company is actively recruiting loan officers, branch managers and operational personnel in Connecticut and across the country. 

About iServe Residential Lending
iServe Residential Lending, LLC was established in February 2004. We are a multi-state residential mortgage banker. iServe Residential Lending, LLC is a U. S. Department of Housing and Urban Development (HUD) approved, Ginnie Mae approved, Federal Housing Administration (FHA) lender with direct endorsement (DE) authority. We originate FNMA/FHLMC conforming, FHA insured loans, HomePath, HomePath Renovation, 203k, USDA, VA and Jumbo loans through our retail branch offices. For more information go to www.iservelending.com.