Downtown Mortgage Broker Expanding, Volume Up | Business

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Downtown Mortgage Broker Expanding, Volume Up

Foundation Financial Group with local offices at 225 Water Street, Suite 2100 in Jacksonville reports its volume for the first four months of 2011 is up 14 percent over the same period one year ago. This comes despite the fact that The Mortgage Bankers Association’s Index of Loan Applications dropped 5.6 percent in April. In addition, Foundation Financial Group received its license to offer mortgages in two additional states - Kansas and North Dakota.

With a presence now in 35 states, Foundation Financial Group actively serves thousands of customers with prime, government-sponsored and Federal Housing Administration-backed loans and refinancing. Foundation Financial Group closes mortgages in an average of 16.72 days, while the industry average is 45 days. The financial services company is now hiring. Learn more at www.ffg.com.

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