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Embrace Home Loans Expands into Boston

Embrace Home Loans Expands into Boston
Written by Publishing Team

Incubating Home Loans, the national mortgage lender, announced it Meredith Spence He was appointed Branch Manager for the company’s new Boston/port area office. Spence will be responsible for hiring the new office and expanding the Embrace Home Loans business into the greater Boston area while continuing to write loans.

Spence has been a top mortgage originator in Boston and its suburbs for over 30 years. She has closed more than $3 billion in residential mortgage loans and helped more than 7,500 borrowers over her career. Most recently, Spence was the senior mortgage lending advisor at Chase Home Lending. Previously, she spent 18 years at the Wells Fargo Home Mortgage, where she was a permanent member of the President’s Club. Prior to that, Spence worked with several correspondent lenders.

“We are thrilled to have Meredith join the Embrace team,” he said. Steve AdamuPresident of the National Retail Production Company. “She has great knowledge and understanding of the Boston market. Her experience will be a tremendous asset as we continue to expand into the Northeast.”

Spence has developed strong relationships with real estate agents, developers, and financial advisors throughout Boston and the surrounding area. It specializes in all types of mortgage financing, including for self-employed borrowers, as well as for buyers of new construction and condominium loans.

“I am very excited to be able to offer my clients the latest Embrace applications, innovative mortgage software, and streamlined processing,” Spence said. “I look forward to expanding Embrace’s presence in Boston and the surrounding communities while continuing to provide the high level of service my clients and business partners have come to expect.”

Embrace also from Fannie Mae, Freddie Mac, FHA and VA creates non-conforming loans, including other mega and non-traditional loans. The company processes, underwrites, closes and finances all internal loans. Embrace has been honored with multiple workplace awards in recent years and is known for promoting a supportive, family-like work culture and encouraging the charitable endeavours of its employees.

Spence can be reached at 781-910-9988 and at meredithspence@embracehomeloans.com.

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