Company Overview
HomeTrust Mortgage Corporation is a leading mortgage banking company headquartered in Schaumburg, Illinois. Founded in 1995, the company specializes in a wide array of mortgage solutions, including Conventional mortgages, FHA Home Loans, VA loans, First-Time Home Buyer programs, Jumbo mortgages, and Down Payment Assistance programs. They offer versatile refinancing options such as FHA Streamline, FHA Cash Out, VA Streamline, along with specialized programs like Asset Depletion and No Income Qualifying. They are committed to personalized, trust-based lending that addresses individual client needs.
Services Offered
- Loan Programs: Conventional, FHA, VA, HomePath, Jumbo, and Commercial loans.
- Refinancing Options: FHA Streamline, FHA Cash Out, FHA 203k, VA Streamline, VA Cash Out, Conventional, HARP, Jumbo, and Commercial loans.
- Special Programs: Asset Depletion and No Income Qualifying programs.
Financial Performance
HomeTrust Mortgage Corporation generates an estimated annual revenue of $3.7 million. The company employs 25 individuals, translating to a revenue per employee of approximately $147,000. However, a noted 14% decrease in the workforce last year indicates potential areas for strategic development in terms of employee retention and business growth.
Leadership Team
- Evan Geiselhart: President and Chief Executive Officer, spearheading the company's strategic vision.
- Larry Beckford: President, brings profound leadership experience in the mortgage industry, with a background from St. Francis University.
- Jay Wiltse: Senior Vice President based in Schaumburg, Illinois.
- Steve H.: Regional Vice President of Sales and Production, with a focus on recruitment and leadership development.
Customer Commitment and Company Values
HomeTrust Mortgage Corporation emphasizes top-level customer service and competitive rates, nurturing long-standing relationships with referred clients. This underscores their focus on reliability and community-centric services, ensuring a comprehensive customer experience.
Contact Information
- Address: 1475 E Woodfield Rd, Suite 110, Schaumburg, Illinois, 60173
- Phone: (847) 517-1700
- Toll Free: (877) 232-0619
- Email: info@hometrustmortgage.com
- Website: [HomeTrust Mortgage Corporation](https://www.hometrustmortgage.com)
Competitor Profiling for HomeTrust Mortgage Corporation
Key Competitors
1. Linn & Associates: Specializes in futures brokerage, managing grain futures trading, asset management, and commodity broker services, generating $7.2 million in annual revenue with 43 employees. Experienced 2% employment growth.
2. Bank and Trust Company: Offers commercial lending and wealth management with $11.3 million in revenue, 60 employees, and a 2% decrease in staff.
3. Bernardi Securities, Inc.: Focuses on municipal bond portfolio management and public finance, securing $6.4 million annual revenue with 38 employees and a 3% growth in workforce.
4. Neighborhood Loans: A nationwide mortgage lender with a strong market presence, demonstrating $110 million in annual revenue and employing 419 individuals, marked by a 7% growth in workforce.
Strategic Insights
- Service Differentiation: HomeTrust’s commitment to personalized service and competitive rates sets it apart, facilitating customer acquisition and retention.
- Growth Prospects: Workforce reduction highlights the need for strategic employee retention and development programs. Emphasizing recruitment and training could stabilize and grow their human capital.
- Competitive Challenges: To compete with firms like Neighborhood Loans, investment in broadening service offerings and enhancing customer engagement is crucial to capturing greater market share.
- Regulatory Compliance: As a licensed Illinois Residential Mortgage entity, HomeTrust Mortgage emphasizes a commitment to compliance, underscoring its reliability and trustworthiness in client interactions.
Through strategic growth plans and an emphasis on customer-focused service, HomeTrust Mortgage Corporation aims to improve its market position amidst a competitive landscape.
