Type Private Headquarters Newport Founded 1983 | Industry Financial Services Number of employees 500 Motto Embrace cares | |
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Products FHA Loans, VA Loans, HARP2, Fixed Rate Mortgage, Variable Rate Mortgage, Fannie Mae, Fannie Mae Homepath, Freddie Mac, Jumbo, USDA, Homepath Website www.embracehomeloans.com Profiles | ||
Embrace home loans
Embrace Home Loans Inc., is an American full service direct mortgage lender, headquartered in Newport, Rhode Island. In 2009, the company changed its name from Advanced Financial Services Inc. (AFS) to better reflect its products and services. Embrace provides residential mortgage loans directly to its customers and is licensed in 46 states and Washington, D.C.. The company employs 600+ people spanning 25 branches along the East Coast of the U.S.
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Company
Embrace is a direct lender of Fannie Mae and Freddie Mac and is approved by FHA and VA. The company is also an Equal Housing Lender and an issuer of Ginnie Mae. With over 30 years of experience, Embrace has been helping customers refinance their mortgages, purchase new homes, and consolidate high interest debt. As an accredited business, Embrace received an A+ rating with the Better Business Bureau based on its commitment to resolving customer complaints, etc. Embrace is an approved Servicer for:
Embrace is an active member of:
Awards
Recent News
With the addition of a Retail Branch Origination in 2009, as well as a Correspondent Origination Division in 2013. Embrace is continuing to expand its branches across the country, including the opening of its 20th Retail Branch Office located in Charlottesville, VA. This particular office will focus on specializing in realtor sales, as well as builder and other referral business. More recently, Embrace launched its Affinity Mortgage Solution, which is a new residential lending program specifically for community banks and credit unions. Some benefits of this program include:
Charity
Employees at Embrace are offered 100 hours of paid time off if they use it to volunteer. The company also matches employee donations up to $2,500 a year per employee. In 2013, Embrace donated $30,000 to a short list of charities including: