ARIZONA NEWS

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.”

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