Allied Home Mortgage Capital, a privately held mortgage banker and broker in the US, has opened a new home loan branch office in Frisco, Texas.
Allied Home said that the new office will be operated by branch manager Jay Onstott, who has more than 23 years experience in the home mortgage and lending industries.
Over the past 10 years, Onstott owned and operated National Mortgage Lenders, a full-service Texas-based mortgage broker, and in 2007, he opened a net branch of Primary Residential Mortgage.
Allied Home Mortgage CEO Jim Hodge said that Frisco Texas is a very popular community for professionals working in the Dallas-Ft Worth area and no one knows that market better than Jay.
“He’s probably trained more mortgage professionals than anyone I know. His experience and expertise are going to be a tremendous asset to his customers and our company,” Hodge said.