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NY Lender Adding 100 Jobs

NY Lender Adding 100 Jobs

Refinance.com expanding

February 13, 2007

By COCO SALAZAR

photo of Coco Salazar
A New York-based mortgage lender is looking to add about 100 new employees to its staff base within the next 10 months.

Refinance.com announced it will be moving to a new location in New York City that will allow it to accommodate over 80 new loan officers.

The lender has already started recruiting for the new office, which will open doors by the end of March, according to an e-mail statement by Nick Bratsafolis, Refinance.com chairman and chief executive.

The relocation and expansion of the New York City operations reportedly comes on the heels of an expansion in Syosset, N.Y. and the opening of offices in Deerfield Beach, Fla., and Carlsbad, Calif.

Within the next six months, Refinance.com anticipates opening a West Coast office, likely in California, the executive said.

Refinance.com currently has 211 employees, about 100 more than it did in 2005. The company, founded as Homebridge Mortgage Bankers in 1989, anticipates growing to at least 300 by yearend, according to the e-mail statement.

“A main reason for our success in this competitive business and our company’s record volume of over $1 billion dollars in originations in 2006 is our commitment to borrowers to put their goals and needs first,” Bratsafolis said in the announcement. “There are many ways to address the myriad of real life concerns voiced by borrowers nationally, but one which is always successful is putting the borrower in a better place than they were before they called us.”


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