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Legacy Texas Mortgage team grows as business booms
By Michele Stevens
2012 looks to be another banner year for the mortgage team at LegacyTexas Bank. 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.
About LegacyTexas Bank
LegacyTexas Bank is an independent community bank with $1.6 billion in assets. In business since 1963, LegacyTexas Bank currently has 20 branches throughout Collin, Dallas, Tarrant and Parker Counties. LegacyTexas Group is the financial holding company for LegacyTexas Bank and also includes LegacyTexas Insurance Services and LegacyTexas Title. For more information, visit LegacyTexasBank.com
The following are comments from the readers.
In no way do they represent the view of Starlocalnews.com
In no way do they represent the view of Starlocalnews.com
AliciaS wrote on Dec 11, 2012 3:12 AM:
" Hopefully these best officers are going to help to get as many customers as possible (without approving people who cant afford these payments of course). Now is a good really good time for applying for a mortgage since it is difficult to predict for how long interest rate is going to remain record low at 3.4%. Unfortunately it is hard to say that financial situation is just the same for the average people. Well maybe they can use online cash loans (http://bit.ly/N1y0Iq) from time to time. "
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