Arcus Lending, one of the fastest growing mortgage company in the country, is expanding its footprint in Texas by opening a new office in Austin. This will be the company’s second office in Texas. They already have one office in Dallas with the second one coming soon.
Shashank Shekhar, CEO of Arcus Lending, considers Austin to be a high-growth market for the company. “Austin sees a lot of top talent migration from other states because of high-tech job opportunities. With an average unemployment rate of only 3.8% and a projected home appreciation rate of 12.8% over the next five years, it’s an ideal market for young first-time home buyers” he commented.
Donna Bhavsar will lead the company’s expansion into the Austin market. Over the past 20 years, Donna has worked in a wide variety of professional capacity with Fortune 50 companies as well as three years in real estate. Her goal is to help individuals and families achieve greater financial freedom through home ownership and ultimately become their long-term trusted advisor.
With cutting edge technology, competitive rates, and award-winning expertise Arcus Lending has quickly become one of the preferred mortgage companies for First Time Home Buyers in the San Francisco Bay Area market. With Austin mirroring the demographic profile of the Silicon Valley buyers, the company is confident of replicating its success in this new market.
Arcus Lending boasts of stellar reviews on platforms such as Yelp, Google, Facebook, Zillow, and TrustPilot. The company plans to extend the same level of service in the new market for borrowers who are either thinking of buying a home or refinancing.
Arcus Lending plans to offer its full suite of mortgage products – Conventional, FHA, VA and Jumbo loans. For well-qualified borrowers, the company specializes in offering low down payment mortgages with no mortgage insurance.
About Arcus Lending
With a growth rate of 987%, Arcus Lending was named to the coveted Inc 500 list of the fastest growing private companies in America. In the same list, it was the third fastest growing mortgage company in the country. Arcus Lending is headquartered in San Jose, CA and is licensed to do mortgage business in 14 states.