Property Type Mixed
Date January 18, 2016
Gantry has been appointed as a loan correspondent for John Hancock Life Insurance Company (U.S.A.) in the Seattle metropolitan area. After arranging financings of nearly $130,000,000 with John Hancock during 2008 and 2009, Gantry’s Seattle office was appointed as a formal non-exclusive loan correspondent.
Gantry has been appointed as a loan correspondent for John Hancock Life Insurance Company (U.S.A.) in the Seattle metropolitan area. After arranging financings of nearly $130,000,000 with John Hancock during 2008 and 2009, Gantry’s Seattle office was appointed as a formal non-exclusive loan correspondent. Gantry will provide loan servicing functions on Hancock’s behalf as well as continue to source new lending opportunities. Michael Taylor, a Principal with Gantry in its Seattle office, who was responsible for arranging the recent loans with Hancock stated, “The people at John Hancock have been great to work with. Their process is very user-friendly and our clients for whom we have arranged loans with Hancock have been very pleased with the experience. We look forward to building upon the success we have had thus far with John Hancock with our expanded role as a loan correspondent in our markets”. According to Susan Pickrell at Hancock, “Hancock has been very pleased with the quality assets we have had the opportunity to finance through Gantry, and this new relationship should facilitate the continuation of that trend into the future.” John Hancock comprises one of the largest life insurers in the United States, and one of the largest worldwide when combined with its parent company, Manulife Financial Corporation. The Company offers a broad range of financial products and services, including life insurance, annuities, mutual funds, 401(k) plans, long term care insurance, college savings, and other forms of business insurance. The Real Estate Finance Group invests money nationally, on behalf of the Company’s General Account. At year end 2009, the Group managed a portfolio in excess of $12 billion. With offices in Seattle, San Francisco, Sacramento, Los Angeles, Irvine, Las Vegas and Phoenix, Gantry is a full-service mortgage banking firm with a strong lineup of correspondent lenders utilizing Gantry.s production, closing and servicing capabilities. Established in November 1991, Gantry is currently staffed by over 50 employees in seven regional offices throughout the western United States. The company services over $5 billion with nearly 800 loans. Gantry has been rated as a Primary Servicer by Standard and Poor.s and is one of a select few non-bank / non-insurance chartered companies with this designation. For more information please contact Michael Taylor at (206) 816-6816 or Michael Heagerty at (415) 956-9854.