First Home Mortgage announced the appointment of industry vet Michael Parsons as branch manager of their new office in Gaithersburg, Maryland.
First Home Mortgage is a full-service residential lender operating in 21 states, focusing on first-time borrowers, with more than 40% of its originations being new homeowners in 2022.
Last year the company launched a reduced-rate program geared toward new borrowers.
Parsons brings with him over 20 years of experience in the mortgage industry. As Branch Manager, Parsons will oversee the daily operations of the Gaithersburg office, as well as manage a team of loan officers to ensure that clients receive the highest level of service and support throughout the entire home-buying process.
“I am thrilled to join the First Home team,” he said. “Their long-term homeownership vision blended with their entire financial plan is at the core of what I believe will drive personal and generational wealth for both first-time and experienced homebuyers.”
Parsons founded his own brokerage in Rockville, MD, at 26 years old, and grew it into an independent mortgage bank in 2010.
He is a former president of the Maryland Mortgage Bankers & Brokers Association and founding Chairperson of the Mid-Atlantic Regional Conference.
“We are excited to have Michael join our team as the Branch Manager of our Gaithersburg office,” said Michael Harrison, Senior Vice President of Retail Sales for First Home.
“His extensive knowledge and expertise in the mortgage industry will be invaluable in helping us provide the best possible service to our clients.”