Prime Mortgage Lending Named one of North Carolina’s Top Small Businesses

(Apex, NC) July 1, 2010 – Prime Mortgage Lending, Inc., a mortgage lending institution providing high quality financial service, has been recognized as one of the Top 100 Small Businesses in North Carolina for 2010 by Business Leader magazine. The company’s president and CEO, John Rodgers, accepted the award for Prime Mortgage Lending on June 24 at an awards dinner in Raleigh, NC.

 

“We are so grateful to be accepting this award and for our success despite the recent difficult years in the residential housing market,” said Rodgers. “While I am proud of our company’s growth and achievements, I am especially thankful we were able to make a great difference in our community.”

The Business Leader’s Top 100 NC Small Businesses honors companies which have illustrated significant business success, but also demonstrate community involvement in North Carolina. To be eligible for the award, a firm must have less than 100 employees, have been in business for at least five years, and must attain more than half of their sales in North Carolina. In selecting the Top 100 list, the Business Leader’s assessed each company’s one-year and five-year revenue growth, business achievements, and their community involvement.
 
Despite the real estate bubble burst in early 2008, Prime Mortgage Lending still managed to attain steady revenue flows, and even significantly increased the company’s net worth. Its recent success within a struggling economy allowed the company to transition from a broker only status to a broker/lending status. This also enabled the acquisition of two warehouse lines of credit totaling five million dollars, allowing Rodgers to arrange the sale of in-house funded mortgages to five of the industry giants. The company has also played a major role in Rotary Club fundraisers, providing scholarships to Apex High School seniors and sending selected youths to Rotary leadership schools.
 
This the second award presented to Prime Mortgage Lending in 2010. Earlier this year, the company was ranked as one of the Top 200 Mortgage Originators by Scotsman Guide.

About Prime Mortgage Lending

Prime Mortgage Lending, Inc. is a mortgage lending institution that prides itself in providing high quality financial services to the public. Based in Apex, North Carolina, Prime Mortgage Lending is lead by CEO and President John Rodgers. It is the mission of Prime Mortgage Lending to provide high quality mortgage programs at the most competitive rates in the nation. Their home loan programs include: purchase, refinance, debt consolidation, home equity loans, second mortgages, and home improvement loans tailored to the buyer’s unique situation. For more information, visit www.goprime.com

Contact: Graham Wilson
PRStreet, (919) 467-5567 or
gwilson@prstreet.com

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