RightStart Mortgage is expanding its retail branch operations. Two executive appointments have been made in the wake of the move.
Search for a branch using RightStart’s “Select a location” pull-down menu and you’ll be limited to three communities in California.
But during the next several weeks, according to an announcement Monday, the Pasadena, Calif.-based company plans to open three more Golden State branches.
On Monday, RightStart said it will be adding 25 U.S. retail branches during the coming year. A branch in Hawaii is on the agenda.
Also ahead is an increase in the number of states it services, from 10 to 15. Most of the growth is in the West.
The 25-year-old firm said its plans grow retail originations by 200 percent over the next 12 months.
RightStart Business Development Manager John Stangarone has been charged with directing the expansion.
Jonathan Okken has been appointed business development manager.
“I am delighted to be joining RightStart Mortgage and looking forward to pursuing retail branch opportunities immediately,” Okken said. “With a recovering economy and improving housing values, along with RightStart’s track record of providing competitively priced loan products and world-class customer service, our prospects for growth are very strong.”