Mortgage company plans to increase Indianapolis workforce

March 17, 2014 by  

Stonegate Mortgage Corp., an Indianapolis-based mortgage company, is expanding, and plans to add as many as 400 positions to its staff by 2017.

It was revealed earlier this month that the company has acquired new offices at the North Haven office park in Carmel, on the city’s north side, and will invest $6.2m in its expansion efforts.

The new offices comprise 21,000 square feet and are located just north of the company’s headquarters, an 81,515 square foot site at The Precedent office park. Company officers said the new jobs will be in support, administration, and sales. Approximately 300 of the new hires will go to the new space, while the other 100 will remain in the existing location. Salaries are expected to be between $50,000 and $55,000 annually for non-sales positions, but officials could not say how many new sales positions will be created.

Currently, Stonegate has approximately 400 employees in the Indianapolis metropolitan area, and 1,100 across the nation, and is one of the most rapidly-growing non-bank mortgage originators in the nation. It has bought several other companies in recent month, having purchased Crossline Capital Inc., Nationstar Mortgage Holdings, and Medallion Mortgage all since November last year

Stonegate officials could work with brochure printers to create a pamphlet for prospective job-seekers, explaining the positions open and the company’s philosophy.