Carrington Mortgage Services, LLC, a fully-integrated mortgage origination and servicing company, announced plans to expand its operations in Central Indiana, creating up to 360 new high-wage jobs by 2019.
The Santa Ana, Calif.-headquartered company, which is a subsidiary of Carrington Holding Company, LLC, will invest $3.17 million to renovate and equip a 77,000 square-foot facility in Westfield. The planned facility, which will be operational by the end of this year, will provide growth opportunities for the company’s origination and servicing departments.
“As a reputable mortgage company, Carrington Mortgage knows the importance of making sound investments,” said Gov. Mike Pence. “Home to a balanced budget and AAA credit rating, Indiana’s business environment is stable and strong. We are excited that Carrington Mortgage recognizes our talented workforce and commitment to keeping taxes low and has chosen Indiana as a fixture in its long-term business plan.”
Carrington Mortgage Services employs more than 1,000 associates across the nation, including more than 180 employees in Indiana. The company is currently hiring customer service representatives, servicing specialists, sales and marketing professionals, and underwriters in Westfield. Interested applicants may apply by visiting www.carringtonms.com.
“It is with great enthusiasm that the city of Westfield welcomes Carrington Mortgage Services,” said Westfield Mayor Andy Cook. “Westfield continues to be a great place to live, work and play and expansions like this not only provide economic opportunities for our city, but job opportunities for our citizens. We look forward to the continued growth of Carrington Mortgage Services here in the years to come.”
The Indiana Economic Development Corporation offered Carrington Mortgage Services up to $3.65 million in conditional tax credits based on the company’s job creation plans. These incentives are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. The city of Westfield is considering additional property tax abatement.
“Indiana’s cost competitive business environment and the strength of the Central Indiana workforce made Westfield an ideal location for Carrington to continue to grow,” said John Alkire, executive vice president of Carrington Mortgage. “We look forward to expanding our footprint in Indiana, and contributing to the local economy while extending our services and exceptional home financing products to our clients.”
Founded in 2007, Carrington Mortgage provides integrated full life cycle mortgage loan origination and servicing capabilities to support borrowers and investors.
