Prosperity Honored by Maryland’s Department of Housing and Community Development

April 20, 2015
April Alexander, regional diverse segments manager for Prosperity, accepts the Rising Star award from Kenneth Holt, secretary of the Maryland Department of Housing and Community Development.

Mortgage lender receives the ‘Rising Star’ award for superior performance

Prosperity Home Mortgage, LLC (Prosperity), a full service mortgage banker and a wholly owned subsidiary of The Long & Foster Companies, has been recognized for its superior performance by the Maryland Department of Housing and Community Development (DHCD). During the DHCD’s annual Maryland Mortgage Program (MMP) awards event, Prosperity received the prestigious Rising Star award. DHCD Secretary Kenneth Holt presented the award to April Alexander, Prosperity’s regional diverse segments manager, during the event.

The Rising Star award honors a mortgage lender that has significantly increased its productivity of mortgages through the MMP from the previous year. Prosperity began originating its own loans as a standalone Maryland Mortgage Program lender in 2014, and during that time, they grew at such an impressive rate as to earn the Rising Star award. The MMP focuses on promoting homeownership in the community, working to help first-time homebuyers and low- to moderate-income buyers purchase a home. Prosperity’s similar commitment to homeownership and dedication to supporting that segment of borrowers is what enabled the mortgage company to earn the award.

“We’re thrilled that the Maryland Mortgage Program has honored Prosperity for its exceptional services and commitment to helping Marylanders achieve the dream of homeownership, and we are so proud of our team for enabling the company to achieve such an honor,” said Jeffrey S. Detwiler, president and chief operating officer of The Long & Foster Companies. “Awards like these also showcase the extraordinary support that our mortgage consultants provide to their clients, and I’m confident with our continued dedication to providing personalized, focused service to each and every Prosperity customer, we’ll continue to earn such honors in Maryland.”

Tim Wilson, CEO of Prosperity Home Mortgage, echoed Detwiler’s thoughts. “It’s an honor to receive the Rising Star award, and this recognition truly highlights our commitment to promoting homeownership in the communities in which we live and work, as well as the wealth of knowledge, integrity and professionalism that our team of experts brings to each and every transaction,” Wilson said.

Prosperity offers a wide range of mortgage products, including fixed and adjustable rate mortgages. It is represented by more than 150 mortgage consultants and operates its own in-house processing, underwriting and closing at its five operation centers across the East Coast, from South Carolina to New Jersey. Prosperity Home Mortgage also coordinates its clients’ appraisals and mortgage fulfillment in-house.

For more information, visit www.PHMLoans.com.