Robert “Bob” Clausen Joins Planet Home Lending’s Distributed Retail Division – Base

Experienced founders help grow domestic business in the Midwest

Minneapolis, July 27, 2022 /PRNewswire/ — Planet Home Lending, LLC, a national mortgage lender and manager, announced that Minneapolis Led by branch manager Robert “Bob” Clausen (NMLS #135119) Quan Hargrove (NMLS #232427) and mortgage originator Seethong Yang (NMLS #1548834).

Planet plans to add 20 mortgage officers and half a dozen branches. twin town Then expand to other Midwest markets. Caleb Mittelstedt, Executive Vice President, National Sales, Planet Home Lending, said: “He attracts the best talent in the mortgage market and is a highly respected manager in the industry.”

Clausen, who has worked in both the wholesale brokerage and retail branch, said he was drawn to Planet Home Lending’s leadership, corporate support and range of loan products. As interest rates rise and the industry adjusts to a buyer’s market, originators are looking to partner with companies with the right business structure, access to capital and financial stability, he declared. did.

“Planet’s multi-channel assets include: $59 billion It creates an attractive level of stability in this environment,” said Clausen. “We have a culture dedicated to customer experience, backed by technology and products that buyers and owners love, so it suits me. We need it today.”

To help homebuyers compete with cash offers, Planet’s unique Cash 4 Homes program ensures fast closing. Otherwise, you can buy a house with cash. Mortgage lenders also offer bridge loans that homeowners use to leverage the current value of their home to purchase a new home.

of MinnesotaPlanet has partnered with state housing finance agencies to provide maximum support for down payment and closing costs. $17,000 Both first-time buyers and repeaters.

On the home seller side, Planet offers a 2/1 buyout product that home builders and home sellers use to lower interest rates that buyers pay for up to two years.

Clausen said Planet’s culture is another attractive trait for moving into retail. “You are more than a number. You are part of something bigger. When you ask for help, it comes from a pure desire to help you grow. Because that’s how Planet runs its business.” That’s why.

About Planet Financial Group

Planet Financial Group, LLC, Meriden, Connecticutis a fully integrated family of companies providing innovative origination, services and wealth management solutions. Through this synergistic ecosystem of products, services and technologies, PFG offers a best-in-class experience for investors looking to maximize value and borrowers seeking optimized end-to-end loan lifecycle support. increase. PFG is the parent company of Planet Home Lending, LLC and Planet Management Group, LLC, which also operates as Planet Renovation Capital.

About Planet Home Lending, LLC

Planet Home Lending, LLC (NMLS #17022) is a national mortgage lender and manager that provides superior customer experiences to US homeowners and buyers. Providing affordable home loans backed by Fannie Mae, Freddie Mac, VA, FHA, USDA, and private lenders in 47 states, DC, and Porto RicoFor more information about Planet Home Lending, LLC, please visit PlanetHomeLending.com.

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Mortgage SOURCE Planet