Guild Mortgage has acquired a team of mortgage experts and eight branch offices in California, expanding the company’s reach throughout the region.
Guild welcomed the Lowe Group, which currently serves customers in eight California locations. The team, led by district manager John Lowe, moves to Guild with 40 team members, including area managers Chris Owen and Joanne Hender; branch managers Doug Grenz, Don Petty, Gwen Chyz, Jeremy Kurtz, Marco Guerra and Steve Weninger; sales manager Debra Morsan; six transaction coordinators and four processors.
“We welcome John Lowe and his team and are gratified they selected Guild to continue to serve their customers and meet the needs of new homebuyers,” said Mike Ferreira, regional vice president at Guild. “While this was an organic move for the team, the size and annual production of this group – coming in at more than $350 million – is equal to that of a mini-acquisition. A shift this large speaks volumes about the quality of John’s leadership and is a direct reflection of the trust and loyalty he has earned from this group, something we know will continue to prosper here at Guild.”
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