FOR IMMEDIATE RELEASE
CERRITOS, Calif. --- Sun West Mortgage Company, Inc. NMLS ID 3277 (Sun West) was selected as the 2014 Lender of the Year by the United States Department of Agriculture (USDA) Rural Development for being the top private lender offering USDA Rural Development's Guaranteed Rural Housing (GRH) program.
For Fiscal Year 2013, Sun West provided over $5 million loans across rural New Mexico, making the company the biggest lender using the GRH program.
The award was presented by USDA Rural Development State Director, Terry Brunner, to Gabe B. Romo (NMLS ID 199761) of Sun West to initiate the 2014 National Homeownership Month celebration that will be held across the nation.
Romo oversees several Sun West offices in New Mexico, Missouri, Oklahoma, and Texas. Since 2012, these Sun West locations have funded over $150 million, with a significant portion of that business coming from the GRH program. "As a native of New Mexico, I have seen firsthand how the GRH program has helped many families by allowing them to borrow up to the full amount of the home value", said Romo. The GRH program has allowed families to finance their homes with no down payment. The program is currently available in communities of 35,000 people or less.
For over 15 years, the National Homeownership Month has been celebrated in an effort to increase homeownership nationwide and with Sun West as a USDA direct lender licensed nationwide, Sun West is able to extend its home financing offerings across the nation. "Even though Sun West is a high volume national lender, we never forget that behind every loan is a hard working American family. The USDA loan program is exceptionally rewarding to originate because with each USDA loan we are able to help a family from America's heartland," said Chief Executive Officer of Sun West, Pavan Agarwal.
For additional information and updates about Sun West Mortgage Company, Inc., visit https://www.swmc.com.
About Sun West Mortgage Company, Inc. (NMLS ID 3277)
Sun West Mortgage Company, Inc. is licensed nationwide and is a full service, mortgage banker established in 1980. The company's excellent service and fast turn-time has made Sun West a multi-billion dollar national originator. As a result, Sun West is a leader in offering a diverse set of products with low rates and excellent pricing. Sun West is a HUD-approved mortgagee (FHA & HECM), VA LAPP approved, USDA lender, Fannie Mae and Freddie Mac Seller Servicer and Ginnie Mae Issuer. Sun West is a national leader in HMBS, residential, and commercial securitization.
Visit http://www.swmc.com/swmc/disclaimer.php for the full list of license information or refer to http://www.nmlsconsumeraccess.org to see where Sun West Mortgage Company, Inc. (NMLS ID 3277) is a licensed lender and servicer. In all jurisdictions, the principal (main) licensed location of Sun West Mortgage Company, Inc. is 18303 Gridley Road in Cerritos, CA 90703, Phone: (800) 453-7884.
Sun West Mortgage Company, Inc.
18000 Studebaker Road
Cerritos, CA 90703
SOURCE: Sun West Mortgage Company, Inc.