Residential mortgage tech startup expanding to Tempe, will hire 50

Aug 5, 2021, 4:05 AM
(Facebook photo/City of Tempe Government)...
(Facebook photo/City of Tempe Government)
(Facebook photo/City of Tempe Government)

PHOENIX — A residential mortgage tech startup company based in New York announced Wednesday a plan to expand to Tempe and open a new customer support operation.

Valon Mortgage is immediately hiring 50 new team members for mortgage loan servicing and management roles at the facility at 1501 W. Fountainhead Parkway in Tempe, according to a press release on Wednesday.

The company will scale to 150 employees in the next year.

Those interested in job opportunities with the company can find out more information on the official website.

“We are thrilled to be expanding to the Phoenix market and to be growing our team locally, helping our borrowers navigate what is often one of the most significant transactions of their lives,” Shamim Rehman, vice president and director of servicing at Valon Mortgage said in the release.

The company’s software provides clear, transparent and regulatory compliant information without borrowers needing to pick up the phone, according to the release.

Valon Mortgage in the release said the expansion to Tempe enables the company to better serve West Coast customers and provides an ample opportunity to scale due to the region’s thriving startup and venture capital ecosystem along with the state’s supportive environment.

Tempe Mayor Corey Woods in the release said the city has become a “destination for financial services companies.”

“We welcome Valon Mortgage as not only an employer in our community but as a modern mortgage option for our residents,” Woods said. “We wish the company great success.”

We want to hear from you.

Have a story idea or tip? Pass it along to the KTAR News team here.

Arizona News

(Scottsdazzle photo)...

Lineup for Scottsdazzle holiday extravaganza released, set to kick off next month

Scottsdale has released the lineup for its monthlong celebration of the holiday season which is set to get underway in late November.
1 day ago
(Facebook Photo/Maricopa County Sheriff's Office)...
Danny Shapiro

Services to be held Tuesday for MCSO deputy killed in line of duty

Memorial services will be held Tuesday for a Maricopa County Sheriff's deputy killed in the line of duty earlier this month.
1 day ago
Rockwell Commander 112, File Image (Wikimedia Commons Photo/FlugKerl2)...
Associated Press

Wreckage of small plane located in southern Arizona; no apparent survivors

The wreckage of a small plane has been located in Pima County and there appears to be no survivors, authorities said Monday.
1 day ago
Sarah Liguori was appointed to the vacant Arizona House seat for District 28 on Oct. 18, 2021. (sar...
Kevin Stone

Sarah Liguori appointed to fill Arizona House seat for District 28

Sarah Liguori was selected Monday to fill the Arizona House seat for District 28 vacated by Democrat Aaron Lieberman, who resigned last month to focus on his campaign for governor.
1 day ago
(Twitter Photo/@ArizonaDOT)...

US 60 closed in West Valley because of cement truck fire

U.S. 60 in the West Valley was closed temporarily Monday during the noon hour because of a cement truck fire, authorities said.
1 day ago
Mary Ann Friesen (Photo via Arizona Department of Public Safety)...

Silver Alert canceled after missing Chandler woman found safe

Authorities canceled a Silver Alert on Monday after a missing Chandler woman was found safe.
1 day ago

Sponsored Articles

Day & Night Air Conditioning, Heating and Plumbing

Why fall maintenance is important for your heating system and A/C

It’s easy to ignore your heater and air conditioner when they’re working but the moment something breaks, you will likely regret not keeping up with maintenance. After all, if something goes wrong, you may be stuck with a repair that will take longer and be more expensive than simple maintenance.
Schwartz Laser Eye Center

How to sharpen your vision with elective procedures

Imagine opening your eyes in the morning and being able to see clearly. You wouldn’t have to wait to put on glasses or contacts, and there would be no more blurry showers nor forgetting where your glasses are.

More stroke patients eligible for acute treatment, thanks to research

Historically, patients underwent acute stroke treatments according to strict time guidelines. But thanks to recent advancements in stroke research, more patients are becoming candidates for clot-busting drugs and endovascular therapy at specialized centers like Barrow Neurological Institute.
Residential mortgage tech startup expanding to Tempe, will hire 50