Spring and summer are typically busy buying and selling seasons for the real estate market. Recent reports from industry experts indicate that the housing market continues to recover at a slow but fairly steady rate. According to Lawrence Yun, chief economist for the National Association of Realtors, the economy should be rising about 4% – 5% percent to make up for the downfall after a recession. Instead Yun calculates that the economy has been growing closer to 2% a year. As market conditions change, RPM Mortgage is keeping pace and is poised to serve the varying needs of community members. With an effective lending structure and a team of experts already in place, RPM is strengthening its presence in existing service areas and expanding into new communities.
Greater Presence in the Pacific Northwest
Two new managers, Rob Berg and Dietrich Miklautsch, have recently come on board to lead a team of loan advisors serving the Seattle markets. Rob and Dietrich have a combined 22 years of mortgage banking management experience and are high producing loan originators. “We are excited to help bring RPM to the Seattle marketplace! Expansive Jumbo product offerings, engaging leadership, and a market-focused approach enable us to successfully deliver to our clients and partners,” Dietrich said.
In Oregon, Branch Manager Steve Landis heads up RPM’s Lake Oswego office. Steve’s background in mortgage banking spans more than 20 years. His familiarity with the local market makes him the ideal choice to lead the RPM team in Lake Oswego and bring a welcome mix of new products to the greater Portland communities.
Expanding Services in Southern California
RPM’s Orange County operations have expanded with the opening of a new office in San Juan Capistrano and the hiring of five veteran load advisors earlier this year. In addition to the new location, RPM Mortgage already has three other office locations to serve the Orange County area, including Huntington Beach and two offices in Newport Beach. “We are uniquely positioned for growth due to a growing product menu and a marketing strategy uniquely designed to support both the RPM brand and the professional goals of each loan advisor. Our continued growth allows us more bandwidth with investors and gives us the opportunity to maximize the pricing and products we can offer to customers,” said Chris Chudacoff, VP Business Development.
Blazing New Trails in Arizona
“As RPM continues to grow, we look for opportunities in markets that require high service levels, competitive pricing, and a wide range of loan programs,” Executive Vice President, Patrick Palmer explains. Arizona is a diverse market and requires a mortgage lender to offer a broad product mix from FHA to Jumbo in order to be successful. In order to expand services outside of its home state of California, RPM relies heavily on talent from local communities, building teams of knowledgeable individuals who are familiar with the needs of the local market.
As summer is heating up in Arizona, so is the housing market. A recent study by Arizona State University indicates that supply is stabilizing and, compared to this time last year, buyers have 64% more listings to choose from. With a new branch location set to open in Phoenix, Arizona, RPM’s team is equipped to serve the needs of communities in and around Phoenix, Scottsdale, and Paradise Valley.
Erik Miller will lead the Arizona team as the Regional Manager. This year marks Branch Manager Scott Harward’s 21st year in mortgage lending and Loan Advisor Tim Nedin’s 12th. The members of the Arizona team are enthusiastic about having joined RPM and are looking forward to servicing the Arizona market with the vast array of RPM solutions.
By Amy Malloy