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  • Sun. Oct 6th, 2024

Warranty Home Mortgage opens brand-new retail branches in Tennessee

ByRomeo Minalane

Mar 7, 2023
Warranty Home Mortgage opens brand-new retail branches in Tennessee

Guaranty Home Mortgage Corporation (GHMC) on Monday revealed its growth with 3 brand-new certified retail branches in Tennessee. The brand-new branches lie in Brentwood, Lebanon and Chattanooga. GHMC comes from and acquires loans through numerous channels. The growth belongs to the business’s technique to grow its existence and concentrate on domestic home mortgage loaning. “This is an amazing time at Guaranty as we anticipate cultivating brand-new relationships and cultivating the house purchasing experience with our remarkable innovation, service, and group of market leaders,” stated Andy Voyles, executive vice president and director of retail financing at GHMC, in a ready declaration. Lance Dammeyer and David Hammett, both market veterans, are slated to head Guaranty’s Brentwood place. Dammeyer and Hammett have more than 50 years of combined loaning experience. Wanda Wilson and Betty Burch will handle the Lebanon branch, and Brian Tramel and Sarah Hilmes will run the Chattanooga branch. According to the business declaration, “each branch brings a wealth of understanding, competence, and enthusiasm for customer advocacy that is important to GHMC’s success.” Established in 1986 Guaranty Trust, GHMC ended up being an independent home mortgage lender in 2019 and has 48 state licenses. GHMC’s TPO channel had an overall financed volume of $2.5 billion in 2021, which dropped to $1.2 billion in overall financed volume in 2022. In 2022, it came from $68.76 million in overall volume, with purchase home loans representing 63% and re-finances accounting for 32%. Last month, the lending institution introduced a brand-new debtor online application website called GAssist to use its partners a “special debtor online application experience” at no extra expenses. In January, GHMC worked with Andy Voyles as its executive vice president and director of retail financing.

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