Akron, OH (April 17, 2013) – Real Estate Mortgage Network, Inc. (REMN), one of the largest privately held non-bank lenders in the US, is pleased to announce the opening of their first Akron, OH, office. In conjunction with the office’s opening, Ohio mortgage industry veteran, Steven Fishman, joins REMN in the role of Branch Manager for the new office. Under Fishman’s direction, this new branch will extend REMN’s nationally recognized reputation for quality mortgage products and exemplary customer service to home buyers, builders and real estate professionals in Akron, Cleveland and other Northeast Ohio areas.
While Fishman is knowledgeable in all facets of the mortgage industry, he is also one of the leading renovation lending experts in the Akron area. A renovation mortgage, such as an FHA 203(k) or FannieMae HomeStyle loan, allows a homebuyer to purchase a home with additional funds allocated for upgrades and repairs. For existing homeowners, renovation loans can also be used for refinancing in order to make repairs and modifications. While some home buyers use renovation mortgages to rehabilitate distressed or foreclosed properties, they can also be used to add enhancements to homes that are sound, but out-of-date in terms of design or amenities. Improvements that can be made through a renovation mortgage vary greatly and can include roof work, painting, new kitchen appliances, room additions and luxury items, such as a backyard swimming pool.
In addition to his role as the Akron office’s Branch Manager, Fishman is a licensed Mortgage Loan Originator and an Ohio State approved instructor for renovation lending products. As a major proponent of renovation lending to help bolster the Akron and Cleveland areas’ housing markets, he regularly sets aside time to educate licensed real estate professionals, contractors, remodelers and home owners on the intricacies associated with renovation lending. Prior to joining REMN, Fishman’s professional experience has included owning and operating his own mortgage brokerage company, which eventually led to his interest and expertise in renovation lending.
“Steven has the entrepreneurial spirit and customer-first mentality that we look for in leaders at REMN. Renovation mortgages are taking hold across the country as great tools for helping people remodel existing properties into dream homes. Steve’s expertise in renovation lending and leadership in the local housing industry are going to really help extend REMN’s reputation for excellence across Northeast Ohio,” commented Brian Poling, Regional Manager for REMN.
In business more than 20 years, REMN opened more than 40 offices across the country in 2012, expanding its total number of branches to more than 80. REMN currently employs more than 1,200 associates and closed nearly $5 billion in home loans in 2012.
REMN’s new Akron office is located at 520 South Main Street, Suite 2513, Akron, OH, 44311. Fishman can reach the office by calling (330) 564-1228 or emailing firstname.lastname@example.org.
About Real Estate Mortgage Network, Inc.
Founded in 1989 and headquartered in Edison, NJ, Real Estate Mortgage Network, Inc. serves the lending needs of home buyers and home owners, real estate professionals and builders across the country. Our associates are passionate about fulfilling the American Dream and realize they are the key to unlocking the mortgage process. A full list of REMN branches and their contact information can be found online at www.REMN.com.
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