The mortgage team at LegacyTexas Bank reports 2012 as another banner year for the company. With 19 of the region’s most experienced and respected lenders on board, the local community bank is serving a fast-growing number of homeowners during the current surge in home sales across North Texas. In a strategic move more than a year ago, the bank began bringing aboard high profile loan professionals to help meet the expected upswing in residential real estate. The move is clearly paying dividends. In October alone, LegacyTexas closed almost 100 mortgage loans totaling $20 million.
Gerry Taylor, who leads the Mortgage Division for the bank, says it’s all about quality lenders and service. “We have some of the best loan officers in the industry,” he said. “They know the mortgage business inside and out, and they have a passion for what they do. Most of our loan officers have worked in this business for ten to twenty years, so when a customer sits down with them, they know they are working with an advisor they can trust.”
This year, LegacyTexas received awards for Best Mortgage Lender and was recognized once again in D Magazine’s Best Mortgage Professionals 2012 publication. While it’s people who are key to the bank’s mortgage success, Taylor says they have also put together one of the top loan platforms in the business. “We have moved to a completely paperless system and have launched a new Loan Operating System,” he said. “These tools serve two very important purposes. They allow us to get our work done in a timely manner and make the process much more convenient for our customers.”
While no one can predict how much longer low mortgage rates will continue, Taylor says one thing is clear. “Now is a great time to buy, and it’s also a great time to save money by refinancing, even if you’ve done so within the past year. We have never seen rates this low.”
From FHA to conventional loans and purchases to refinancing, LegacyTexas Bank offers a full range of mortgage options. The bank has served the North Texas mortgage market for more than 25 years.