Movement Mortgage, LLC: Company Research Report
Company Overview
Name:
Movement Mortgage, LLC
Mission of the Company:
Movement Mortgage was created to be different, with a mission to create a "Movement of Change" in the mortgage industry, in corporate culture, and in communities. This is embodied in the company's commitment to love and value people in everything they do.
Foundation Details:
- Founding Year: 2008, amidst a significant financial meltdown in American history to create a unique approach to mortgage lending.
- Founders: Casey Crawford, who serves as the CEO, co-founded Movement Mortgage.
Key People in the Company:
- Casey Crawford: CEO/Co-founder
- Mike Brennan: President
- Laura Bowles: Chief Financial Officer
- John Third: Executive Vice President
- Jason Stenger: Chief Operations Officer
- Sarah Middleton: Chief Growth Officer
- Lyra Waggoner: Chief Information Officer
- Jake Fehling: Chief Marketing Officer
- Kevin McGovern: Director of Coaching
- Brady Yeager: National Sales Director
- Toby Harris: Executive VP / Co-founder
Headquarters:
8024 Calvin Hall Road, Indian Land, SC, 29707, United States
Number of Employees:
Over 4,500 employees
Revenue:
The company reported an annual loan volume of $30 billion.
Reputation and Certifications:
- Recognized five times by Inc. Magazine as one of the fastest-growing companies in the U.S.
- Identified by Scotsman Guide as one of the nation’s top 10 retail lenders.
- Certified by the national Great Place to Work organization for its workplace culture.
- Maintains an A+ rating with the Better Business Bureau.
Products
What Products Do They Offer:
Movement Mortgage offers a streamlined mortgage process designed to aid home buyers in a simplified and stress-free manner.
High-Level Description of the Product:
The company offers mortgage lending services with a quick, efficient, and customer-oriented approach. Movement focuses on speed and exceptional service supported by convenient technology.
Key Features of Each Product:
- Quick loan approval process, significantly faster than the national average.
- Offers personalized loan facilitation across all 50 states.
- Movement Foundation supports community projects, reflecting the company's philosophy of profit with a purpose.
Recent Developments
- Impact Lending: Movement Mortgage is highly engaged in impact lending, committing 40%-50% of profits to community development and charitable initiatives.
- Movement Schools: Opening numerous public charter schools is part of Movement's extensive educational initiatives designed to serve historically underserved communities. The aim is to open 100 schools in 10 years (as of 2021).
- Technological Advancements: Under the guidance of Lyra Waggoner, Movement continues to enhance their digital mortgage experience, with a focus on servicing technology solutions to streamline the mortgage process further.
- Product Expansion: Over 1,000 new products were introduced under the initiation of Sarah Middleton's Product Advisory Board in less than a year, adding to the diverse offerings of Movement.
- Partnerships & Charitable Work: Collaborates with NGOs and community-based groups to enhance social welfare, as seen in efforts such as Love Works and the international initiatives through Movement Foundation.
