LendSmart Mortgage, a Minneapolis-based retail mortgage origination firm, has opened two new lending centers in Missouri and South Carolina.
These new lending centers are a part of LendSmart's growth strategy for 2014 and are the first of a number of new regional lending centers planned during the upcoming year, says the company.
Dave Budzinski, a 17-year mortgage industry professional, is branch manager of the new center in, Shrewbury, Mo., a suburb of St. Louis. The company says its goal is to grow this center to exceed $100 million in loan volume in 2014.
Brian Prahl, who has been in the mortgage business since 2003, is the new branch manager in South Carolina. He and his team expect to close and fund approximately $40 million in loan volume this year.