Monday, 30 September 2024

Umpqua Bank continues Bay Area growth, expands home lending and construction team and products

NORTHERN CALIFORNIA – Umpqua Bank, a subsidiary of Umpqua Holdings Corp., continues to expand its presence in the San Francisco Bay Area.

Umpqua Bank has expanded its Home Lending division in the area with three seasoned lenders to assist growing the bank’s Home Lending and construction lending presence in the Bay Area.

In 2013, Umpqua Bank opened a new store in downtown San Jose and will be opening a flagship location in San Francisco later this year.

As part of the expansion of its construction lending teams, Umpqua has selected Kevin Nunn as construction/renovation sales manager for the Northern California region.

Nunn specializes in home loan renovation products, including loan programs for energy efficient construction, and brings more than 20 years of experience in home lending.

Nunn will oversee Umpqua’s existing custom construction offerings as well as the roll out of new Umpqua construction loan programs including the FNMA HomeStyle renovation product, Energy Efficient Mortgage, FHA 203k Full and Streamline.

Umpqua also is expanding its San Jose team with the addition of Bryan VanHuystee as the flagship store’s mortgage sales manager.

VanHuystee brings more than 25 years of experience in mortgage lending and management to Umpqua. He and the store’s growing team of loan officers will leverage Umpqua’s ability to deliver rapid loan decisions and funding to give customers an advantage in the competitive Silicon Valley housing market.

Mark Young has been hired as an associate vice president and mortgage sales manager in the North Bay Area.

Young brings 20 years of mortgage industry experience and a background in sales management. He will oversee home lending teams, increasing Umpqua’s home lending presence and production throughout the North Bay Area.

“Umpqua offers a unique approach to home lending – one that combines responsive, high touch service with a full range of products and services – and we’re seeing robust demand for this kind of home lending throughout the Bay Area,” said Dan Starelli, senior vice president and regional manager for Umpqua Bank Home Lending in California and Nevada. “The addition of Kevin, Bryan and Mark allows us to continue serving our customers and communities, and we look forward to continuing our growth in the area.”

In addition to its San Jose and San Francisco store openings, Umpqua acquired Circle Bank in Q4 of 2012, increasing Umpqua’s North Bay presence with six additional stores in the area.

Umpqua Bank Home Lending is a full service lender offering a wide variety of home loan options for purchase and refinance including first time homebuyer, investment, custom construction and remodel, high balance and government financing programs. Umpqua Bank has more than 20 residential home lending offices across California, Oregon, Washington and Nevada and mortgage specialists in each of its more than 200 stores.

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