APM Announces Record Year for Growth
August 1, 2022, Roseville, CA—American Pacific Mortgage announced today that 2022 will be a record year for the company when it comes to the expansion and growth of their distributed retail footprint. Halfway through the year, APM has added a little more than 50 branches through organic recruiting, as well as one small acquisition. And we’re not stopping, as other partnerships and acquisition conversations happen weekly.
APM President Ned Payant recently shared with HousingWire about the growth of the company, saying, “It’s been rewarding to bring new people into the APM Family and enter into markets where we had little to no presence.
There are always opportunities in a down market. Our leadership team made the conscious (and unanimous) decision to expand our company footprint despite the forecasts. It’s in our DNA, constantly looking at opportunities and being intentional about where we put time and resources. Growth is a high priority for us.
Our growth mindset cascades through our organization, from our founders and leadership team to managers, branches and loan officers. At APM, we aren’t looking at the negatives of the market; we’re looking for opportunities where we can grow market share on a local and national level.
For our originators, this means providing them industry-leading products, cutting-edge technology and the flexibility they need to win every deal they touch. For our branches, it’s about being entrepreneurial-minded and providing business models that are flexible, create ease in the way they do business, and help them to expand and grow the way they want.”
Payant credits the exponential growth of the company to many factors but an important one being the move to an employee-owned company in 2020.
”One of the most significant things we’ve done as a company was to transition to an employee-owned company (ESOP) back in early 2021. While many companies went the M&A route on the heels of 2020, our owners felt compelled to stay true to our core values and the vision that APM was founded on. This decision has absolutely been the right one for us, leading to higher employee retention and aiding in our exponential company growth over the past 12 months,” said Payant.
To learn more about APM, visit https://www.apmortgage.com/join.
About American Pacific Mortgage
American Pacific Mortgage (APM) was founded in 1996 and is a national retail mortgage lender best known for Creating Experiences That MatterTM for our people and our customers. Headquartered in Roseville, California, APM is ranked as a top mortgage lender in the U.S. and continues to win multiple awards annually including Top Mortgage Lender, CalHFA’s Lending Heroes, Top Veteran Originators, Most Loved Employer, Diversity Jobs Employer, and Top Places to Work. The company funds over $22 billion annually, is licensed in 49 states, employs more than 3,500 people, and has over 200 branches across the U.S., many of which operate under their own local DBA name. APM’s rallying cry is to be 100% focused on our originators and branch managers because when they look good, our customers reap the benefits. Their charitable entity, APMCares, is entirely funded and run by employees and supports a diverse array of organizations throughout the country with funds and volunteer hours, as well as assistance for employees who are struggling due to a medical, financial, or bereavement hardship.