Real Estate Mortgage Network, Inc., Expands In Detroit Area With Renovation Lending Expert, Rose Balhorn

by 16 Aug 2012

Detroit, MI (August 16, 2012) – Real Estate Mortgage Network, Inc. (REMN), one of the largest privately held non-bank lenders in the US, is pleased to announce that Rose Balhorn has joined the company as Michigan Area Sales Manager and Mortgage Loan Originator, operating from Detroit’s tri-county region. Balhorn is a Michigan native and brings to REMN more than 20 years of industry experience with top lending institutions. A renovation lending expert, Balhorn is well versed in FHA 203(k) home renovation products.


Balhorn’s career in the mortgage industry extends back to when she was a co-op student working with Standard Federal Bank. Since her time working with Standard Federal Bank, Balhorn has held numerous director level and managerial positions at well-respected mortgage institutions across the country, in addition to running her own independent mortgage broker company for nearly 10 years.


“Rose is a great addition to the REMN team in this area. As the company continues to grow in new regions, it is incredibly important that we continue to bring on associates who truly believe in our commitment to quality and customer service in the mortgage industry,” commented Steve Marshall, Area Manager and Retail 203(k) Director for REMN. “In addition to being extremely detail orientated, Rose is also a proven specialist when it comes to 203(k) mortgages, which is something that many in the tri-county area will find valuable when looking to bundle renovations into the purchase of a home or include renovations in the refinancing of an existing mortgage.”


In 2011, REMN introduced their 203(k) Concierge Service to ensure that their customers receive the high level of customer service that the company is known for with other mortgage products. REMN’s 203(k) Concierge Service is an industry leading initiative that utilizes a dedicated in-house support team to work hand-in-hand with the new homeowner and their contractors from start-to-finish, so everything stays on track.


REMN currently has more than 800 associates in more than 40 retail offices licensed to originate mortgage loans across the continental U.S. In 2011, REMN closed more than $2.3 billion in home loans, solidifying its position as one of the largest independent non-bank lenders in the U.S. and stands to become a strong lender in the Michigan mortgage marketplace as well.