10 years ago my brother, Tom, and I had a vision to start our own mortgage company. We had both been in the mortgage business for over 20 years and felt the time was right to start our own business. Ten years later Mahone Mortgage has closed over 2000 mortgages. While mortgage companies have shut down left and right over the last 10 years, Mahone Mortgage has thrived.
Why start our own business? There are a lot of reasons but I’ll list the 3 main ones:
- A dream. The American dream is to own a home for sure. But the next dream is to own your own business. It’s a sense of accomplishment and satisfaction to own your own business. 10 years later I still feel that sense of pride. It’s truly a great feeling.
- Not having a boss or worrying about the company you work for shutting down. 10 years ago the mortgage meltdown was under way and companies were closing down and people were losing their jobs. Tom and I did not want to be a casualty of this scenario. We wanted to control our own destiny.
- We wanted to create our own mortgage experience for our clients and referral partners, not someone else’s experience. We wanted to hire the people we felt were the best people in the industry to offer the best customer service possible. 10 years later we have the same staff we started with. Jeff Sharff and Roseann Caddell are 2 of the best in the business anywhere.
I really feel like Tom and I have it exactly like we want it. We both do our own personal production from our past clients and referral sources. We have the perfect staff with Jeff and Roseann to take care of that production in top notch fashion. Kim Casteen is a loan officer that has also been with us since the beginning and she does her own personal production as well and is one of the most knowledgeable mortgage professionals you will find. We work with the top 3 wholesale lenders in the country as well as a few niche investors. We have established long relationships with these investors and made sure their underwriting and closing departments are the best in the industry. In a nutshell, we couldn’t be happier.
Tom and I could not have done this without the loyalty from our past clients and referral sources. We have to give a big THANK YOU to all of you! It’s one thing to have a dream of owning your own business but if your clients and referral sources don’t come along then you won’t last. So to everyone that has done a mortgage with us or referred a client to us, you deserve the credit for making our dream possible.