Weststar Mortgage Expands Retail Operations

Nov. 24, 2009 - PRLog -- WestStar Mortgage expands their retail operations with the addition of two new branches in Texas. The two new Texas branches boast decades of experience and expertise in mortgage lending.

Jerry Leonard opened a retail branch in October in Richardson, Texas. Leonard is a veteran mortgage professional with over 28 years of experience. With expertise in mortgage operations and retail originations, Leonard has dedicated his entire career to assisting families with their mortgage financing needs. Leonard dedicates his spare time to his two children, 29 and 31, and his six grandchildren. For more information, contact Jerry Leonard at (972)692-4311.

Marla Butler opens her retail branch on December 4, 2009 in Plano, Texas. Butler brings nearly 10 years of experience in origination and retail branch management.  Prior to her career in the mortgage industry, Butler was a personal trainer where she worked with individuals to help them achieve their dreams of personal fitness. She continues that commitment as a mortgage professional by helping individuals and families achieve the dream of homeownership. Butler devotes her spare time to her husband and three children, and enjoys the simplicity of living on a ranch with her new horses. For more information, contact Marla Butler at (972)768-9397.

The branch expansion is part of WestStar Mortgage’s long-term goal of growing their retail originations and their servicing portfolio. Last month, WestStar Mortgage announced the roll-out of their new brand targeted to the small and mid-sized homebuilders, Close It, Build It™, which is a key component of the expansion. The hard-to-find mortgage product, an FHA One-Time Close, offers builders a viable alternative to the typical financing seen in construction lending and interim financing. WestStar Mortgage’s retail branches, located in 8 states, will offer the services to builders.

Close It, Build It™ allows builders to shift their focus from relying on depository institutions for AD&C credit to alternative financing solutions that encourage growth and increase construction opportunities. As homebuilders look for ways to diversify, Close It, Build It™ offers a unique opportunity for builders that wish to provide or currently provide build on your lots services. For more information, call (877) 682-CIBI/2424.

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Weststar Mortgage is a direct lender that specializes on tailoring solutions that traditional lenders and banks consider outside-the-box. Weststar is an FHA Direct Endorsed lender, and a leader in staged interim construction financing/warehouse lending.