MIDDLETOWN, RI–(BUSINESS WIRE)–As growth and demand continue to increase in Washington, D.C., the national lender Embrace Home Loans expands its presence by adding a new branch to welcome and connect with new buyers. The branch is located at 1001 Connecticut Ave. NW Ste. 405 Washington, DC 20036, and will be led by Margie Hennessey, mortgage professional and branch manager.
Home sales and prices continue to rise in the Washington, D.C. metro area According to the Housing Market Update according to the Metropolitan Regional Information System, home sales increased 26.7% and the average price of homes sold increased more than 5% in March 2017 compared to March 2016. Across DC, property taxes are low, property values are high and new buyers are moving from the suburbs to the neighborhood.
“Through this expansion, Embrace will be able to better serve homebuyers in the district and bring expert loan officers to our team, ultimately helping us further demonstrate our reputation as a trusted and experienced lender throughout DC” , said Hennessey. “Our goal is to not only cultivate relationships with local realtors and buyers, but also to meet the diverse cultural needs of DC and surrounding communities. We pride ourselves on our ability to serve a wide variety of groups, as our team is fluent in American Sign Language as well as Spanish.
With over 13 years of experience in the mortgage business, Hennessey has served as a mortgage professional and branch manager, winning a multitude of loyal borrowers through the purchase and refinance processes. She is a certified life coach, coaching her team of loan officers on how to excel in business and provide customer-centric service. In addition to her job, she is fluent in American Sign Language and hails from American Deaf culture.
For 34 years, Embrace Home Loans has prided itself on being a market leader in differentiating the experience it creates for its customers, clients and employees. The lender’s unique approach has resulted in industry-leading customer satisfaction scores, multiple national and state Employer of Choice awards, and a doubling of the company’s sales force in recent years. years.
“With the recent increase in the number of home buyers in DC, there is a need for reliable home financing solutions and Embrace’s expansion will support this increased home buying demand,” said Jeff McGuiness, Sales Manager, Embrace Home Loans. “We are confident that Margie and her team will continue to provide unparalleled service to borrowers and estate agents while maintaining a strong brand presence in the region. We look forward to continuing to support this market and developing relationships with local buyers. »
On July 24, Embrace Home Loans will be a platinum sponsor of the Greater Capital Area Association of Realtors® (GCAAR) Realtor Festival annual convention. The event will take place at the Marriott Marquis in Washington, DC Embrace Home Loans will be the primary underwriting sponsor, and the event will include a silent charity auction. All proceeds will go to support nonprofit organizations in Washington, DC committed to providing housing-related services to individuals and families in the community.
About Embrace Home Loans
Founded in 1983, Embrace Home Loans is a direct lender for Fannie Mae and Freddie Mac, FHA and VA approved, and issuer for Ginnie Mae. Embrace Home Loans has remained a prominent industry leader, having helped hundreds of thousands of individuals and their families buy new homes, lower monthly payments and consolidate high interest debt since its inception. . With more than 80 offices and licensing in 46 states and DC, Embrace has been recognized seven times as one of America’s Best Midsize Companies to Work For by Fortune and four times as one of America’s fastest growing companies per Inc.. The company has also been recognized eleven times as one of Rhode Island’s Best Places to Work and Rhode Island’s Most Community Involved Company by Providence Business News. For more information, please visit www.embracehomeloans.com.