River City Mortgage Continues to Expand Market Reach
Company Partners with Ray Brousseau to lead expansion efforts across the country!
CINCINNATI – Locally owned River City Mortgage is expanding operations to Blue Ash, Ohio. This additional site adds 8,000 square feet in a state-of-the-art facility to accommodate the surge in local staffing needed to meet the needs of clients who need to refinance or purchase homes. The company is also immediately adding eight more states – Oregon, Massachusetts, Vermont, Rhode Island, Connecticut, Delaware, Maine, and New Hampshire – and will launch an additional facility in Massachusetts next month. Ray Brousseau, former president of Carrington Mortgage Services for the last 8 years, and a Citigroup top executive for 25 years, will lead the Massachusetts facility. He will be the company’s first executive vice president of strategy and expansion. He will be focused on bringing River City Mortgage’s products and expertise to residents across the nation.
“We’re excited about the expansion in both our hometown and coast to coast from Oregon to Maine,” said Nick Hunter, Managing Partner, COO. “Our success is due to making people our #1 priority. When this becomes more than just words – when it becomes a practice – good things happen. Relationships are built. Ray Brousseau understands this commitment and we’re all ecstatic to have him as part of our team. He will without a doubt teach us, mentor us, and most importantly, help increase our reach to help even more Americans with their refinancing or purchase goals in 2020.”
River City Mortgage owners have always understood the value of knowledge and hard work. Over the past 3 years, the company adjusted to market trends. Both partners worked alongside their loan officers in the trenches to serve clients resulting in an increase in revenue and loan volume in 2019.
“We were on the ground working alongside our guys,” said Dan Hutzelman, CEO. “As a lender and a broker, we have access to diverse programs that help people with high and low credit scores. We make it quick and easy for clients to save money on their mortgages. We also help clients tap the growing equity in their homes for bill consolidation and help others achieve the dream of homeownership! Loan volume and referrals in all states tripled this year. Loan volume is expected to be $600 million in 2019 – a virtual quadrupling from the $162 million in volume just last year! With Ray Brousseau leading operations in the northeast, and driving expansion across the nation, we expect loan volume in 2020 to reach nearly $1 Billion.”
As a seasoned senior executive with 33 years of corporate leadership experience, Brousseau has the background, knowledge, relationships and passion to help lead River City Mortgage to new heights!
“My goal is to help accelerate the already impressive growth and scale of River City Mortgage across the nation,” said Brousseau. “What I learned after meeting with owners Nick Hunter and Dan Hutzelman, was that their success comes down to leadership, tangible client care, and an undeniable team culture. With platforms for inside, outside and remote loan officers, we’ve got plenty of room to share our unique DNA and marketing prowess with others who are deserving!
Parties interested in learning more about River City Mortgage are encouraged to attend our GoToMeeting being hosted by Nick Hunter and Ray Brousseau on Friday, Nov. 22 at 11 to noon. Dial in information is as follows: Computer, tablet or smart phone: https://global.gotomeeting.com/join/178568085; Dial in: +1 (408) 650-3123; Access Code: 178-568-085.
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ABOUT RIVER CITY MORTGAGE, LLC
After 4 years of experience in the mortgage industry, two young Miami University grads Nick Hunter and Dan Hutzelman founded River City Mortgage, LLC (RCM) in Lawrenceburg, IN in 2008. What began as a small business partnership designed to help homeowners secure the lowest interest rates possible on mortgage loans, is now a multi-million dollar business venture. Cincinnati, Ohio is the corporate headquarters for River City Mortgage servicing clients in Ohio, New Jersey, Washington D.C, Indiana, Washington, Kentucky, Virginia, Tennessee, Florida, Pennsylvania, Maryland, Colorado, California, Illinois, and Georgia. RCM is an accredited mortgage company in Cincinnati maintaining an A+ rating with the Better Business Bureau.
Patty Van Zandt, Executive Director of Operations