AmericaCU Mortgage Opens Milwaukee Operations Center

Posted by Orb Staff on March 30, 2009 No Comments
Categories : Residential Mortgage

AmeriCU Mortgage, a provider of mortgage services to credit unions nationwide, has established an operations center in Milwaukee. The center, located in the Fairview Building at 10425 North Ave., is currently staffed by 13 employees who are experienced in providing credit union support services.

AmeriCU also hired 27 mortgage professionals throughout Wisconsin and is looking for additional staff for its Milwaukee operations center.

AmeriCU received approval from the Department of Financial Institutions on March 18, and immediately began operations. Within 72 hours, the company hired 45 staff members and worked with local credit unions to close 15 loans for homeowners who were in danger of losing funding, the company says.

‘We believe the most effective lending is done locally, through people in the community who understand the unique needs of its residents. We find those people by working with credit unions,’ states Don Calcaterra Jr., CEO of AmeriCU Mortgage. ‘We had been watching the Wisconsin market for quite some time, looking for people who know how to meet the needs of the local community. While exploring an opportunity to hire mortgage professionals in Milwaukee who shared our philosophy, we made the decision to open here.’

SOURCE: AmeriCU Mortgage

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