New team focuses on construction lending in the North West
PORTLAND, Oregon., May 24, 2022 /PRNewswire/ — Planet Home LendingLLC, a national mortgage lender and manager, has a new team in Portland, Oregon. led by the regional sales manager Tim Hattan (NMLS #220099) and Sales Manager Tom Bond (NMLS #122912) and loan officer Dalton Clark (NMLS#193474).
The team’s extensive mortgage and construction experience is a tremendous asset to Planet’s Northwest expansion efforts and helps serve borrowers in the Portland area, especially those looking to work with builders to realize their dream of home ownership. Hattan and Bond’s expertise in construction finance as well as their understanding of the systems needed to gain efficiencies will serve as a solid foundation for Planet Home Lending to grow its presence.
“Planet is in a unique position because there are very few non-custodial lenders offering a construction product,” Hattan said. “This is just one of the great things I think Planet brings to the region that weren’t there before. We plan to open more offices in Salem, Eugene, Medford and the Bend/Redmond region and believe they will have a positive effect in the communities we want to serve. »
With the persistence of a tight housing market in Portlandif buyers can’t find a home that ticks all the boxes on their list, Hattan and Bond can help them determine if a construction loan will be a viable option.
“Planet’s unique product suite and dedication to the planet is a perfect fit for the Pacific Northwest and will attract productive employees and allow them to thrive,” added Hattan.
Hattan and Bond also have experience with conventional, FHA, VA and jumbo mortgage programs. Planet also offers bridging loans to help bridge the gap between buying and selling a home.
With over 27 years of experience in the mortgage industry, Hattan understands the importance of how construction loans can open up opportunities in the home buying process.
“We are very pleased to welcome Tim and Tom, not only because of their experience in construction lending, but also their ability to build and effectively manage relationships with builders and borrowers,” said declared Caleb Mittelstet, Executive Vice President, Distributed Retail Sales of National Production. “We make it a point to offer products that meet the needs of each market we serve. Tim and Tom will help Planet do this effectively in the Pacific Northwest.”
In addition to local expertise, Planet Home Lending offers a personal digital mortgage assistant, Skymore by Planet Home Lending™, that consumers can use to apply for a home loan from anywhere via their mobile device. Borrowers and real estate agents (with the borrower’s permission) can monitor loan progress 24 hours a day, 7 days a week, contact their loan officer to ask questions and submit documents electronically, to reduce dependence on paper.
Planet Home Lending supports a healthy environment through a tree planting partnership with the National Forest Foundation. Over four years, the company has funded the planting of a quarter of a million trees to help restore the national forests.
About Planet Home Lending, LLC
Planet Home Lending, LLC, (NMLS #17022) is a national mortgage lender and service provider delivering exceptional customer experiences to US homeowners and buyers. Offering affordable home loans backed by Fannie Mae, Freddie Mac, VA, FHA, USDA and private lenders, it makes homeownership dreams come true for people in 47 states, DC and Porto Rico. For more information about Planet Home Lending, LLC, please visit PlanetHomeLending.com.
Vice President, Communications
Planet Home Lending, LLC
Charlyne H. McWilliams
for Planet Home Lending, LLC
Home loan SOURCE Planet