![]() "Well, that means that everybody owns this company together as a team and that actually means that we're all in this together so that you've got a lot more synergy and camaraderie across the board," said David Wallace, executive vice president. In August 2020, AmNet added to its employee base by entering into a partnership with Active Duty Passive Income, an organization dedicated to helping those who have served in the military to become financially independent and build sustainable income.Ĭompany executives believe the employee stock option plan is a big reason why it appears on the Best Mortgage Companies to Work For list. It entered the business in 2019 and now has 119 employees. Website: American Mortgage Network is an employee-owned mortgage banker based in Chula Vista, Calif. Throughout the week we'll be posting the rankings categorized according to company size and features that explore more about these top companies from across the country. While companies must opt-in to the rankings, not every entity that participates in the survey makes the list.īelow, the companies share with us details about their office (or work-from-home) culture, their special events, benefits and broader strategies for fostering communication and a productive working environment. Participation is open to a standalone mortgage lender, mortgage broker, mortgage servicer, or mortgage unit of a diversified financial services firm with at least 15 permanent employees working in the United States. ![]() To qualify for consideration, organizations with 25 or more employees need a minimum response rate of 40% while organizations with 25 or fewer employees need 80%. The overall score is calculated using the employee survey (worth 75%) and the employer questionnaire (worth 25%). Once the survey data is analyzed, the companies get a score that decides their ranking. RELATED: Best Mid-Sized Mortgage Companies to Work For The employee survey covers eight topics: Leadership and Planning Corporate Culture and Communications Role Satisfaction Work Environment Relationship with Supervisor Training, Development and Resources Pay and Benefits and Overall Engagement. The program is a partnership between National Mortgage News and the Best Companies Group, which conducts extensive employee surveys and reviews employer reports on benefits and policies. UPDATE: Check out 2023's Best Mortgage Companies to Work For The awards program is dedicated to recognizing lenders that are supportive employers and providing them with employee feedback on their strengths and weaknesses. Synergy One launched its RFS brand in 2015 under the leadership of Torrey Larsen, former president of Security One Lending.National Mortgage News is proud to present the fourth annual Best Mortgage Companies to Work For list. We have created a plan in which our reverse and forward originators work as teammates and collectively grow their referral partners/networks together.” “As we have been saying for the last several years, the ‘Forward’ originators provide the greatest opportunity to expand the overall reverse market, specifically around the H4P product. “This strategic acquisition broadens our team of originators, who will educate the clients and deliver the reverse mortgage to the appropriate clients,” Synergy One President Torrey Larsen tells RMD in an email. ![]() Synergy One leadership touted BBMC’s marketing and origination team in its announcement of the deal, noting the access to a wider forward network as being a beneficial byproduct for reverse mortgage product marketing. “It is unusual for market timing, talent and strategic direction to align in such a compelling manner and we’re excited by the possibilities that lie ahead.”Ī division of Bridgeview Bank, BBMC provides both traditional and reverse mortgage products via its direct sales channel and loan originator network. “The impact of combining these organizations is impressive,” said Terry Connealy, president at Mutual of Omaha. Synergy One’s Midwest presence will be expanded “significantly” through the acquisition, the company stated in the release, and expects to transition most BBMC employees to the company. San Diego-based Synergy One, which offers reverse mortgages under the Retirement Funding Solutions brand, was recently acquired by Mutual of Omaha Bank. Mutual of Omaha stated its commitment to expansion upon the acquisition. Synergy One Lending announced Wednesday it will acquire some of the assets of Lombard, Illinois-based BBMC Mortgage, broadening its presence in both forward and reverse mortgage markets.
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