Dozens of technology employees are expected to be hired in Pennsylvania by a mortgage marketplace lender that has closed more than $1.7 billion in home loans.
Late last year,
LendingHome reported that it had exceeded $1 billion in mortgage production since it opened for business in October 2013.
On Wednesday, the San Francisco-based residential lender reported that its life-to-date single-family loan originations have surpassed $1.75 billion
As LendingHome has grown, so has its payroll. Headcount has gone from 85 people in May 2015 to more than 250 employees as of December 2016.
Now staffing at LendingHome is expanding further.
Wednesday’s announcements indicated that an office has been opened in Pittsburgh.
During the next 12 months, the firm plans to recruit for “50 well-paying financial technology jobs” at the new facility.
“We decided we could add significantly to our best-in-class technical team by recruiting top engineering, product and data talent from the area’s technology and startup ecosystem, which includes CMU and Pitt,” LendingHome Co-Founder and Chief Executive Officer Matt Humphrey said in the statement. “We started by bringing on board a small team of entrepreneurs from the Pittsburgh mortgage industry, so we have a solid foundation already.”