By Mike Sunnucks | Rose Law Group Reporter
New York-based Valon Mortgage is opening a new customer support center in Tempe and will hire 50 new workers.
Valon has plans to grow the Arizona center to 150 employees.
The tech-focused mortgage company is leasing office space at 1501 W. Fountainhead Parkway near Interstate 10 in Tempe.
JLL brokers Ryan Bartos and Kyle Seeger represented Valon in the lease.
Valon executives said they like the labor pool in the Phoenix and Tempe area including Arizona State University.
“Over the last few years, the mortgage industry has been undergoing transformative changes — with refinances, record low interest rates, and COVID consumer protections, just to name a few. There’s never been a more exciting time to be a part of it,” said Shamim Rehman, vice president and director of servicing at Valon. “We are thrilled to be expanding to the Phoenix market and to be growing our team locally, helping our borrowers navigate what is often one of the most significant transactions of their lives.”
The Valon center will help the mortgage technology firm focus on West Coast customers.
“Tempe has become a destination for financial services companies. We welcome Valon Mortgage as not only an employer in our community but as a modern mortgage option for our residents. We wish the company great success,” said Tempe Mayor Corey Woods.
The Greater Phoenix Economic council also helped Valon with its site selection.
“Greater Phoenix has become a hub for innovative and entrepreneurial technology-focused companies that are committed to changing the game,” said Chris Camacho, president & CEO of the Greater Phoenix Economic Council. “We are excited to be a partner in Valon Mortgage’s continued success and growth here in a region that wants to help startups and all companies succeed.”
