Nov 04 2010

Foundation Financial Group Hiring Close to 100, Including VP and Other Senior Positions

By julie steinberg

Foundation Financial Group, a nationwide mortgage lender, just became licensed to offer its services in Minnesota, Maine, and New Jersey. Now licensed in 33 states, the lender is looking to bring on talent at all levels -- up to 100 new hires.

Boyer said that by the end of this year, there will be six vice president jobs, 18 assistant vice president jobs and between 55 and 70 entry-level positions available. The entry-level jobs are marketing positions, but Boyer said that they are the best way to enter the company and work up from there.

During the second quarter of 2011, the company plans to open a Northeast hub. In the meantime, the company will focus on Texas, Chicago and Denver, and Charlotte, Raleigh, and Atlanta will have the most job openings, said Mark Boyer, assistant vice president at the firm.

"Hiring will be sprinkled across all the centers," he said.

The minimum criteria for incoming VPs are three-to-five years industry experience and a higher education degree. The lender also offers special consideration to military applicants.

At a time when many of the biggest mortgage lenders are facing judicial inquiries into their foreclosure methods (and hiring methods, at that), Foundation Financial is trying to expand.

"It's been a rough couple years, but we always focused on doing the right loans for the right kind of borrower," Boyer said. "We didn't grow as fast as the other companies. But we wanted to make sure that borrowers could pay the loans back. That has allowed us to be where we are now. We don't have all that bad baggage from loans that didn't perform. That allows us to be in growth mode now when people need stable companies. We're pretty vanilla."

Write to Julie Steinberg

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