SOURCE: L & G Mortgagebanc

January 04, 2011 13:31 ET

L&G Mortgagebanc Hiring 100 Loan Officers in 100 Days

The Fastest Growing Mortgage Company in the Southwest to Expand in New Mexico, Nevada, Texas, California, Utah, Colorado and Arizona; Offering Most Competitive Loan Officer Career Advancement and Compensation Programs in Industry Today

SCOTTSDALE, AZ--(Marketwire - January 4, 2011) - Just past the season to be jolly, L&G Mortgagebanc (L&G) still has something for 100 people to be jolly about. L&G, the fastest growing mortgage company in the southwest, has announced that it will be hiring 100 new loan officers during the first 100 days of the New Year. This is good news for loan professionals in New Mexico, Nevada, Texas, California, Utah, Colorado and Arizona -- all states that have been hit hard by the economy.

For 25 years, L&G has been offering a variety of home loan solutions including first-time home-buyer programs, FHA, VA, conventional and jumbo, that have helped thousands of southwesterners to qualify for various different loans. However, within the mortgage industry, the company has most recently gained positive attention for the restructuring of its career program. The new program provides one of the most competitive mortgage loan officer career advancement programs available for those looking to further grow their skills and to build and manage a team. In addition, the company provides everything, including an extensive training and coaching program, to make a loan officer's transition to L&G a smooth one.

L&G Executive Vice President of Marketing Laura Cohen commented, "There has never been a better time for a loan officer to reevaluate their position and look for a true career path. The economy has forced many to make difficult decisions, and some of those decisions involve how loan officers can get their careers back on track with respect to compensation, management and advancement opportunities and an exit strategy. In short, L&G has put together a program that enables a complete career overhaul for loan officers that are both qualified and interested."

Cohen continued, "L&G has a unique history in that it was founded a quarter of a century ago by the existing owners, so all of our employees feel confident that we are not going anywhere anytime soon. The culture mirrors that of smaller companies -- strong ethics, family values and teamwork -- but in reality we are a company that has developed a powerful mortgage and compensation model."

Kristofor Fry, L&G loan officer stated, "I am happy I found a home at L&G. There are several awesome things about working here. They include the turn time on processing, the incredibly efficient online software system and the ability to take my career in the management direction. At my previous company, there was no customer service to speak of. I took a break for awhile and decided to come back to the industry. Now I can say I love my job."

Amber Coleman, another L&G loan officer commented, "I had always wanted a career path in management, but I wasn't willing to give up my own commission earning ability to do it. However, L&G's management career path makes it so that I don't have to, and their profit sharing plan provides future value and an exit strategy when the time comes."

For more information on L&G or if you are interested in exploring career opportunities with the company, please visit their website at www.lgmortgage.com.

About L&G Mortgage Banc:
For over 25 years, L&G's mission is to make one feel at home while they finance your home. L&G understands that it isn't merely about a better rate, but about providing a better mortgage experience. Currently licensed to operate in eight states throughout the southwest, the company offers a variety of home loan solutions including first-time home-buyer programs, FHA, VA, conventional, jumbo and more. This means that individual can be rest assured, that L&G will provide not only competitive rates but also the right loan program to meet your needs. L&G offers an extremely competitive compensation package based on higher than average splits as well as the opportunity for loan officers to build and manage their own teams.

Zion & Zion, Public Relations and Social Media, Phoenix, AZ

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