V.I.P. Mortgage Sets Up Shop In Old Town Scottsdale

SCOTTSDALE, Ariz., April 17, 2012 /PRNewswire/ -- V.I.P. Mortgage, a mid-size mortgage bank committed to restoring the reputation of the mortgage industry, recently merged three Scottsdale branches under one roof in the heart of Old Town Scottsdale. Operations, processing, underwriting, quality control, closing, funding and more than two dozen loan officers are now in one central location – 4900 North Scottsdale Road.

(Logo: http://photos.prnewswire.com/prnh/20120402/MM80851LOGO)

"We are committed to the resale realtor/builder market and those looking to purchase new homes," said Keith Teegardin, Senior Vice President. "Our incredible success and steady growth stems from a tight-knit team approach with unrelenting entrepreneurial spirit."

V.I.P. currently ranks No. 8 in Resale Production in Maricopa County, according to the most recent RMS Report. The rating builds upon the Company's 2011 year-end ranking of Top 10 mid-sized companies to work for in the Phoenix metro area, by the Phoenix Business Journal.

"As the market continues to stabilize, the Portales location is ideal for us to continue to grow into as we focus on additional recruitment and relationship building," said Jay Barbour, president.

About V.I.P., Mortgage
V.I.P. is a mid-size mortgage bank committed to restoring the reputation of the mortgage industry. With nearly 40 years combined experience, V.I.P.'s principals offer a 'hands-on' approach that cultivates a family culture enveloped in entrepreneurial spirit.

Headquartered in Scottsdale, Arizona, Jay Barbour founded V.I.P. in 2006 amidst the collapse of the housing industry. With licenses in AZ, CA, CO, MI, NE, NM, TX, UT, WA, and WI, the Company has grown to employ 212 people in 14 branches nationwide. Each retail branch relies on corporate for in-house underwriting, funding and processing. As both the mortgage banker and broker, V.I.P.'s fully transparent origination platform ensures all loans succeed. Visit our web site at: www.vipmtginc.com.

Available Topic Expert(s): For information on the listed expert(s), click appropriate link.
Jay Barbour
http://www.profnetconnect.com/jaybarbour
Keith Teegardin
https://profnet.prnewswire.com/Subscriber/ExpertProfile.aspx?ei=107625

SOURCE V.I.P. Mortgage