MIDDLETOWN, R.I.--(BUSINESS WIRE)--As home sales continue to grow in Florida, Embrace Home Loans, a nationally recognized lender, announced the opening of its ninth branch in the state, located at 5500 Murrell Road, Suite 201 in Viera, Fla. The branch will serve all of Brevard County and be led by Greg Peele, with industry veterans Stephen Thaggard as sales manager, Karen Thaggard as senior loan officer, and Lizann Livingston as senior loan officer.
According to housing data released by Florida Realtors®, the Florida housing market has shown increasing numbers of closed sales and climbing median sale prices each month since the start of the year. In fact, from January to February, the median sales price increased by $5,000 for single-family homes and by $6,500 for townhomes and condos.
“Previously, Karen and I were working from our home office, and while we did exceptionally well, it was time we had a greater presence within the community,” said Stephen Thaggard. “By opening an office in Viera, we’re able to further grow the company and build on our existing relationships to support the needs of those in Brevard County.”
Thaggard continued, “My time at Embrace has been extremely humbling. We share the same values, and they are truly an outstanding organization that continuously gives back to the communities they serve. It’s a great team and we’re excited to be a part of it.”
Stephen Thaggard and his wife, Karen Thaggard, draw on 21 years of industry experience. The pair has been serving Brevard County with Embrace for seven years, from inside their home office. The continued growth of the market, as well as their success, coupled with Stephen Thaggard’s recognition as a part of the President’s Club for three consecutive years prompted the opening of Viera’s own office. The Thaggards have created a strong network of influence within the area, utilizing large amounts of repeat clients and referrals to grow their business.
In its 34th year of business, Embrace Home Loans is a leading national mortgage lender that offers a fresh approach to mortgage lending for customers, clients and employees, allowing loan officers to follow the findings with no overlays. Loan officers originate the loans and print the findings themselves. The lender’s unique approach has resulted in industry-leading customer satisfaction scores, several national and state employer-of-choice awards, and a doubling of the company’s sales force in the last few years.
“As Karen and Stephen have widened their reach in the Viera market, there is now a need for more Embrace loan officers in Brevard County,” said Jeff McGuinness, chief sales officer at Embrace Home Loans. “With the growth of closed sales and median sale prices in Florida as well as the leadership of Stephen Thaggard and Greg Peele, I have no doubt that our Viera branch will be extremely successful.”
The branch will host an open house on May 11 at the Viera office, featuring a tropical theme with a steel drum band, an array of seafood, and cocktails including wine, beer and champagne. Real estate agents, builders, loan officers and members of the community are invited.
To learn more visit: https://www.embracehomeloans.com/about/locations/Florida/Viera.
About Embrace Home Loans
Founded in 1983, Embrace Home Loans is a direct lender for Fannie Mae and Freddie Mac, approved by FHA and VA, and an issuer for Ginnie Mae. Embrace Home Loans has remained a prominent leader in the industry, having helped hundreds of thousands of individuals and their families purchase new homes, lower their monthly payments and consolidate high-interest debt since its inception. With 80+ offices and licensed in 46 states and D.C., Embrace has been recognized seven times as one of the Best Medium-sized Companies to Work for in America by Fortune and four times as one of the Fastest Growing Companies in America by Inc. The company has also been recognized eleven times as one of the Best Places to Work in Rhode Island and as the Most Community Involved Company in Rhode Island by Providence Business News. For more information, please visit www.embracehomeloans.com.