expansion plans, adding over 60 loan officers and establishing a strong presence in both the Colorado and Montana markets.”
According to a media release, the wholesale division will operate under Lower’s PowerTPO brand. Universal Lending president TJ Kennedy will head both the retail and wholesale units.
“This strategic move allows us to take an offensive approach with the opportunities of today’s market,” Kennedy said. “We have found a partner in Lower that matches our values and commitment to taking care of our customers and puts us in a position of strength moving forward.”
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