Company Name: Union Home Mortgage Corp.
Industry Sector: Financial Services
Company Profile: Union Home Mortgage Corp. (UHM) is a high-growth, full-service retail, wholesale and consumer direct independent mortgage banking company with over 150 branches across the U.S. For six consecutive years, UHM has been awarded one of The Plain Dealer’s Top Workplaces. UHM is an approved direct lender of Fannie Mae, Freddie Mac, FHA, VA, USDA and other conforming and non-qualified mortgage loan products, with over $6 billion in responsible lending per year.
Company Website: www.unionhomemortgage.com
- Type of Project: Expansion
- Jobs committed: 450
- Jobs retained: 245
- Timetable: Union Home expects construction of the new facility to be completed by summer 2021
Union Home Mortgage is quickly growing and needs to accommodate service demand and additional workforce. The company sought to expand its corporate headquarters in Strongsville, Ohio, near Cleveland.
“This is a really exciting time for Union Home Mortgage. This new building will support our fast-growing e-commerce business and create openings for partners in technology, data analytics, and sales as well as general mortgage banking roles. For me personally, to be hiring and growing locally in a place I’ve always called home — it’s a remarkable feeling.” – Bill Cosgrove, president and CEO, Union Home Mortgage
“We’ve made a lot of investments in technology and training recently, but talent continues to be our most valuable asset and our biggest competitive advantage. We’re constantly looking for talent and we’ve been fortunate to find so much of it here in our backyard. When you look at the quality and number of schools around us — we have 85 paid interns right now. We’re very proud of that.” – Jim Ferriter, senior vice president of retail sales, Union Home Mortgage
Union Home Mortgage is adding a third building to its corporate campus and has created jobs in a variety of career fields.
Ohio has a workforce of over 245,000 professionals in financial services with over 44,000 graduates annually entering the industry. Ohio is also home to three top 25 cities for technology including Cleveland, Cincinnati and Columbus.
The new corporate facility will increase the size of its Strongsville campus to more than 120,000 square feet. The building will feature amenities including an onsite gym and cafeteria and will have dedicated space for corporate trainings and ongoing education for its employees locally as well as virtually across their national footprint.
This new dedicated education center will provide extensive training and help further develop the career paths of its more than 1,300 employees nationwide.
Team NEO, JobsOhio and the city of Strongsville