Prospect Mortgage Loan Officers to Participate in Nationwide Open House Weekend

SHERMAN OAKS, Calif., April 25, 2012 /PRNewswire/ -- Prospect Mortgage, one of the nation's largest independent residential retail mortgage lenders with branches located throughout the United States, will partner with members of the National Association of Realtors® and real estate professionals nationwide to close out Open House Month with more than 400 events during the Nationwide Open House Weekend, April 28 and 29.

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"This weekend is our opportunity to show prospective home buyers and the real estate community across the country how committed we are to helping people get into the home of their dreams," said Doug Long, President, Prospect Mortgage Retail and Correspondent Lending.

With spring in full swing, the weather improving nationwide, interest rates at record lows, and housing prices down in much of the country, the Nationwide Open House Weekend is an excellent time for buyers to be out scouting locations, comparing homes, and investigating their real estate financing options.

"Hundreds of our Loan Officers have already participated in nearly 700 events this month, and we're on track to exceed our April goal of 1,100 open houses nationwide," said Ron Bergum, Chief Executive Officer, Prospect Mortgage. "We have a history of working collaboratively with real estate agents and buyers, and we're confident that Nationwide Open House Weekend will allow us to broaden our assistance and help educate those in the market for a new home."

Headquartered in Sherman Oaks, CA, Prospect Mortgage is a leading lender offering a full range of quality home loans, including FHA and VA, conventional, jumbo and super jumbo, renovation, and more. It is backed by Sterling Capital Partners, a private equity firm with approximately $4 billion of assets under management. For more information about Prospect Mortgage, visit www.MyProspectMortgage.com.

SOURCE Prospect Mortgage