Search
 

Union Bank Forms Mortgage Subsidiary

SUNRISE, FL-Union Bank Mortgage Corp. offers 227 home loan programs for multifamily and single-family properties. The 30-plus-year-old bank, with more than $847 million in assets, also does a large amount of commercial real estate lending in South Florida.

By Melissa Bogdany | Updated on October 29, 2003

SUNRISE, FL-Union Bank, a locally owned and managed bank that provides significant commercial real estate lending in South Florida, has jumped into the multifamily market with the formation of Union Bank Mortgage Corp, which will handle multifamily as well as single-family properties. The subsidiary offers 227 home loan programs, including conventional, fixed, variable and a variety of specialty loans.

Loan specialists for the subsidiary are located in Broward, Miami-Dade and Palm Beach counties in South Florida. Loan specialists also can meet applicants at other locations, and applicants can apply online. “The opening of Union Bank Mortgage Corp. is a natural progression for our business,” according to Russ Holland, chief lending officer for Union Bank who will oversee the new subsidiary. “We offer our customers a full array of financial services, which now includes competitive home loans.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.