DENVER, Aug. 20, 2013 /PRNewswire-iReach/ -- Kirkland, WA-based Cobalt Mortgage, one of the largest privately-owned residential mortgage lenders in the country, is proud announce its continued expansion into the Denver metropolitan area with the opening of a new branch office on July 31, 2013. Steve Caughlin has been appointed Branch Manager of the facility.
Cobalt Mortgage has seen extraordinary growth from its Northwest roots over the past decade, realizing more than a 50 percent increase in total loan volume in 2012 over 2011. Founded in Kirkland, Washington in 2001, Cobalt Mortgage employs more than 1,000 and has offices in 50 locations throughout the U.S. The company plans to continue its expansion eastward and has recently opened branches in Apple Valley, MN and Shreveport, LA.
"It's exciting to be part of a company that shares my core philosophy—that practicing responsible lending and listening to customers is the surest path to success," said Steve. "Thanks to Cobalt Mortgage's excellent reputation in the industry, I've been able to put together a highly capable team of loan originators who are eager to help Denver area residents achieve their home ownership goals."
"We're thrilled to have Steve leading our team of loan originators in the Denver office," said Nancy Smith, Cobalt Mortgage Manager of the Rocky Mountain Region. "Along with his 16 years of mortgage financing and management experience, Steve brings his strong commitment to serving the Denver area community, where he's been establishing long-term client relationships since 1995."
National Sales Executive for Cobalt Mortgage, Dave Bochsler, said, "We feel fortunate to have Steve's wealth of experience on our team to further strengthen our presence in Colorado and the Rocky Mountain states. His friendly, personable style and emphasis on serving the community exemplify the Cobalt Mortgage difference."
About Cobalt Mortgage:Cobalt Mortgage has provided financing to thousands of homebuyers. Founded in 2001, the firm has a decade-long reputation of responsible lending. One of the largest privately held mortgage-banking firms in the west, Cobalt has offices through the United States, including Arizona, California, Colorado, Idaho, Louisiana, Minnesota, Nevada, Oklahoma, Oregon, Texas, Utah, and Washington and is licensed in 18 states. With strong leadership provided by co-founders Keith Tibbles and Ernie Gehre, the company is dedicated to responsible lending practices, community involvement, and education. As corporate supporters of the Boys and Girls Club, and Cobalt Scholars, a program dedicated to empowering youth by supporting their secondary education goals, the company makes a positive impact in the communities where it operates.
Cobalt Mortgage is licensed in Arizona, California, Colorado, Idaho, Louisiana, Michigan, Minnesota, Montana, Nebraska, Nevada, New Mexico, Oklahoma, Oregon, Texas, Utah, Washington, Wisconsin and Wyoming.
Cobalt Mortgage, Inc., NMLS Unique Identifier: 35653.
Leah Schedin, Marketing Director
11241 Slater Ave. NE, Suite 110
Kirkland, WA 98033
Media Contact: Leah Schedin, Cobalt Mortgage, 425.216.8105, firstname.lastname@example.org
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SOURCE Cobalt Mortgage