MODESTO, Calif., June 14, 2011 /PRNewswire/ -- Bank of Commerce Mortgage (BOCM), one of the leading independent mortgage banks in the West, today announced that Bank of Commerce Mortgage is expanding to the Central Valley. To facilitate this expansion, All-American Mortgage has joined Bank of Commerce Mortgage, adding three new Bank of Commerce Mortgage branches in Modesto, Merced and Stockton. The three new branches are operating with a combined staff of nearly 30 employees under the leadership of former All-American Mortgage partners, Matt Crawford, Scott Crawford and Ralph Gresham.
After evaluating several companies, All-American Mortgage decided to join Bank of Commerce Mortgage as its new loan origination platform provider because of its financial strength and strong commitment to customer service. Bank of Commerce Mortgage offers the resources of a big bank and a diverse product line that is otherwise only available at a large brokerage, all the while providing the flexibility and support of an independent mortgage company.
The Modesto, Merced and Stockton branches join three other new California branches in Danville, Visalia and Santa Ana, increasing BOCM's total number of branches to 18.
"We wanted to position ourselves for growth in the current lending environment while consistently providing the highest level of service to our clients," said Matt Crawford, new branch manager for Bank of Commerce Mortgage. "The decision to join Bank of Commerce Mortgage, therefore, made perfect sense, allowing us to provide our clients with the right loans, including conventional, home equity and government programs. The difference is that now we will be able to take advantage of BOCM's convenient in-house resources for funding, underwriting, and technology.""All-American Mortgage's dedication to operating with integrity and professionalism aligns with BOCM's commitment to delivering excellent service and value for clients," said Scott Simonich, president and CEO for Bank of Commerce Mortgage. "Our combined expertise will allow us to uniquely address the residential financing needs of the Central Valley. We are thrilled to welcome the team at All-American Mortgage to the Bank of Commerce Mortgage family and we look forward to supporting our new branch managers and loan originators as they continue to serve their community." About Bank of Commerce Mortgage In 2009, Bank of Commerce Mortgage launched several green initiatives, making the way it does business safer for the environment and better for its employees and the communities it serves. Operating as a mortgage bank and brokerage, the company is one of the leading independent mortgage companies in the West. In partnership with parent company, Bank of Commerce Holdings (NASDAQ: BOCH), a $814 million dollar financial services holding company, Bank of Commerce Mortgage provides customers with a more advanced level of capital strength than many other mortgage banks and brokerages. A HUD approved lender, Bank of Commerce Mortgage approves and funds FHA, VA, CalSTRS and USDA loans in addition to jumbo, conforming and reverse mortgages. The company has the credentials and expertise that borrowers can trust. The company's management team collectively possesses more than 100 years of experience in the mortgage industry. Bank of Commerce Mortgage is headquartered in San Ramon, California and serves customers from a wide range of locations throughout California, Colorado and Nevada. For more information, contact Bank of Commerce Mortgage at (925) 275-6844 or visit the company's website at www.bankofcommercemortgage.com. SOURCE Bank of Commerce Mortgage