PrimeLending, a Texas-based retail mortgage bank, added 12 new loan originators as it attempts to grow market share within its existing Texas footprint.

Among the newly added LOs in the fall included two LOs — John Muhammad ($25.72 million) and Hugo Ortiz-Pulido ($21.21 million) with a production volume of more than $20 million year-to-date, according to mortgage tech platform Modex.  

Hiring high-performing LOs has been PrimeLending’s strategy in large part because it’s a tough market to execute mergers and acquisitions (M&As), Gene Lugat, executive vice president of strategic support at PrimeLending, said in details ⇒

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