KIRKLAND, Wash., June 7, 2013 /PRNewswire-iReach/ -- Cobalt Mortgage, one of the largest privately-owned residential mortgage lenders in the country, is proud to be named a Scotsman Guide 2012 Top Mortgage Lender. Cobalt Mortgage was ranked 26th in Top Overall Volume and 17th in Top Retail Volume among lenders nationwide.
Scotsman Guide, the leading resource for mortgage originators, released its first-annual Top Mortgage Lenders rankings on June 1. The list, which ranks the nation's top mortgage-lending companies, appears in Scotsman Guide's June 2013 residential edition, and searchable rankings are available online at scotsmanguide.com/TopLenders.
Cobalt Mortgage was ranked among entries from hundreds of mortgage companies across the country. To be eligible for consideration in the list, all loan volume had to be from mortgages on one-to-four-unit residential properties within the United States.
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 nearly 1,000 and has offices in close to 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.
"This ranking is further evidence that Cobalt Mortgage's reputation for responsible lending and giving borrowers personal attention is getting noticed," said Dave Bochsler, National Sales Executive for Cobalt Mortgage. "Along with offering a wide selection of loan products to meet borrowers' needs, we believe that it's the high caliber of people we hire within each community that truly makes a difference."
With strong leadership provided by co-founders Keith Tibbles and Ernie Gehre, Cobalt Mortgage is dedicated to ethical lending practices, community philanthropy, and personal integrity. "We've always been proud of our ability to make the dream of home ownership a sustainable reality for our customers," said Keith Tibbles, President of Cobalt Mortgage. "The Scotsman Guide ranking and our continued growth confirm that focusing on the needs of each customer is simply good business."
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 16 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 Dollars for Scholars (a program of Scholarship America®) the company makes a positive impact in the communities where they operate.
Cobalt Mortgage is licensed in Arizona, California, Colorado, Idaho, Louisiana, Michigan, Montana, Nebraska, Nevada, New Mexico, Oklahoma, Oregon, Texas, Utah, Washington, and Wyoming.
Cobalt Mortgage, Inc., NMLS Unique Identifier: 35653.
Leah Schedin, Marketing Director
11241 Slater Ave. NE, Suite 110
Kirkland, WA 98033
About Scotsman Guide:
Scotsman Guide Media publishes a residential edition and a commercial edition of Scotsman Guide, in addition to Scotsman Guide Loan Post and other platforms at scotsmanguide.com. The magazines also are available in digital format at scotsmanguide.com/digitalmag. Each month, the magazines reach tens of thousands of subscribers nationwide. Scotsman Guide is the leading resource for mortgage originators and connects mortgage brokers with wholesale and commercial lenders.
Leah Schedin Cobalt Mortgage, 425.216.8105, firstname.lastname@example.org
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SOURCE Cobalt Mortgage