JPMorgan Chase To Hire 1,200 Mortgage Officers
JPMorgan Chase said the additional workers are needed as the company aggressively goes after new home mortgage business and as customers refinance their loans.
JPMorgan Chase said the additional workers are needed as the company aggressively goes after new home mortgage business and as customers refinance their loans.
JPMorgan Chase & Co. said Tuesday it will hire 1,200 mortgage loan officers by the end of next year, a 60 percent increase in its sales force.
The workers are needed as the company aggressively goes after new home mortgage business and customers refinancing their home loans. Through organizational changes and additional systems, the company has boosted its loan capacity, said Dave Lowman, head of home lending at Chase.
New loan officers will work at bank branches in 23 states including California, Florida and Texas, and key cities such as New York and Chicago, Boston, St. Louis and Washington.
The loan officers will work with personal bankers and referral sources, such as real estate agents and builders, as well as with their own network of homeowners.
Chase originated $37.1 billion in mortgages in the last quarter, the company said in a statement.
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