Arizona-based Integro Bank launched a new mortgage lending division geared towards small business owners purchasing homes.
Steven Zielsdorf, director of residential mortgage lending, will lead the team. Prior to Integro, he served as a managing member of iLending Mortgage LLC.
“Integro Bank is here to make the home buying process easier and less stressful. We offer a wide variety of loan programs to meet your mortgage financing needs whether you are a traditional residential home buyer or a small business owner with challenges validating income to meet the financial requirements,” Zielsdorf said.
“Our team will work with you to determine the best option for your personal situation while also having the experience to provide creative solutions for small business owners in need of a mortgage or refinancing. It’s not just assistance, it’s a level of advisory and being experts in our field that will make the entire process smoother and work within your schedule.”
Though the bank focuses on small business owners and loans for investment properties, it offers residential loans as well.
Integro will offer a range of products, including FHA Loans, Portfolio Fixed-Rate, ARM Loans, Jumbo Loans, USDA Loans, and VA loans.
The addition of mortgage lending ups the bank’s overall lending services, which include SBA lending and commercial lending.
Integro has seen successes recently, growing its loan portfolio by 57% from Q1 to Q2 2023.
Leaders there have launched a “CEO Club,” which links local business leaders to education, networking, advisory, and small business support services, and they recently held an Innovation & Technology Leadership Summit at its headquarters.
Integro Bank is an FDIC-insured bank based in Phoenix, Arizona.