Bank7 is expanding its mortgage reach in Oklahoma. The community bank has completed its acquisition of First American Mortgage, Inc., a small mortgage lender and brokerage based in the suburbs of Oklahoma City.
Yukon-based First American Mortgage, Inc. founded in 1993 by its president and owner Dale Bogle, has done about $41 million in origination volume over the past 12 months, according to Modex. The company says it has provided over $3 billion in mortgage loans since its founding. (It has no affiliation with title giant First American Financial Corporation.)
Bank7, headquartered in Oklahoma City, has 12 branches in Oklahoma, details ⇒
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