The lender noted in an emailed release that the appointment “signals a significant growth point for the young company. The company is rapidly expanding its operational capabilities in regard to products, licensing, and personnel to best serve its mortgage broker and non-delegated correspondent partners.”
After the acquisition, The Loan Store onboarded Homepoint’s sales and operations personnel. It also plans to expand its state licensing footprint to nearly all 50 states and roll out several unique product offerings within the next few months.
“Leading the team at The Loan Store is a dream opportunity for me, and I’m excited to work with so many talented people who are passionate about making a positive impact in mortgage lending,” said Shoemaker. “We’re in expansion mode and focused on enhancing our platform to make The Loan Store a sustainable and reliable option for wholesale loan originators.”
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