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First Guaranty Mortgage Corporation Acquires Direct Internet-based Lender goodmortgage.com    

 

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TYSONS CORNER, VIRGINIA, May 9, 2016 – First Guaranty Mortgage Corporation® (FGMC), a Virginia Corporation providing residential mortgage lending services for over 25 years, has acquired the assets of goodmortgage.com®, an internet-based mortgage lender headquartered in Charlotte, North Carolina.
 
Founded in 1999, goodmortgage.com provides residential mortgage lending in 18 states and the District of Columbia. goodmortgage.com is an internet-based, direct lender that provides consumer-direct personalized mortgage services while simultaneously delivering to the consumer a fast, efficient, and helpful mortgage experience. goodmortgage.com is designed to be faster, less cumbersome and considerably less stressful than typical, offline loan services. By utilizing the Internet and advanced technology processes, goodmortgage.com enables consumers to obtain purchase and refinance loans from the convenience of their own homes.
 
goodmortgage.com received the award for Online Originator of the Year in 2012 and is recognized as a four-time Top 25 Tech-Savvy Lender by Mortgage Technology Magazine; and Five-Time Inc. 5000 Honoree by Inc. Magazine, as one of the fastest-growing privately-held companies in the United States.
 
goodmortgage.com is one of the leading consumer-direct lenders in the country and an excellent fit with our strategic initiatives,” said Andrew S. Peters, Chief Executive Officer, First Guaranty Mortgage Corporation. “This acquisition is yet another positive step in FGMC’s continued growth and we are confident our clients and partners will benefit substantially as a result.”
 
goodmortgage.com is one of the early pioneers in the build out and development of the "online" mortgage-lending platform. The Charlotte-based headquarters provides a 45,000 square foot campus that supports a healthy “Live-Work-Play” environment where motivation meets enthusiasm. This team-building atmosphere breeds productivity, efficiency and overall employment satisfaction. goodmortgage.com will operate as a separate division of First Guaranty Mortgage Corporation, retaining the name goodmortgage.com.
 
“First Guaranty’s acquisition of goodmortgage.com is in itself an extraordinarily ‘goodmortgage’ business decision,” said Ken Jones, Executive Vice President, Consumer and Warehouse Lending. “Keith Luedeman and his talented team have successfully built a platform that meets the demands of today’s ever-changing consumer. Our goal is to continue the growth of their retail lending success while tactically expanding the goodmortgage.com cyber-footprint.”
 
“First Guaranty and goodmortgage.com make perfect sense together,” said Keith Luedeman, Chief Executive Officer and Founder, goodmortgage.com. “Both brands share the same emphasis on steady growth, elite service, strong strategic decision-making and efficient, tech-enabled operations. We are now uniquely positioned for growth – which began with retaining all of our goodmortgage.com Charlotte-based staff members.  We're looking to add to our headcount to meet the increased customer demand in our expanded footprint, this year - next year, and beyond.”
 
To support it's growth needs, goodmortgage.com will be conducting a job fair on June 9 - for details see www.goodmortgage.com/jobfair.
 
Personal Note from Keith:

I am proud to have been at your service for the past 17 years, and we look forward to continuing on our journey as a World Class Lender that will be at your service for the next 25 years and more!  We will always be Where Loans Click!®.
 
Regards -

Keith Luedeman, Founder and CEO

 

 

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