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CMG Financial history
CMG Financial company history timeline
CMG Financial is a well-capitalized, privately held mortgage-banking firm founded in 1993.
By 1994, the company had outgrown its office space and relocated to its current corporate office location in San Ramon, California.
In 1995, the company opened a Wholesale Lending division, mainly focusing on correspondent lending to achieve better pricing at a retail level.
From 1996 through the end of the decade, CMG Mortgage, Inc. continued to expand successfully, obtaining licenses in additional states and penetrating active markets more thoroughly.
CMG Mortgage, Inc. was awarded the prestigious Broker of the Year 2003 award by the California Association of Mortgage Brokers (CAMB) and was named one of the San Francisco Bay Area’s 100 fastest-growing companies by the San Francisco Business Times.
In 2005, the Home Ownership Accelerator™ (HOA) loan was launched across all business channels and with it the beginning of a new paradigm regarding managing debt.
Great success was found in the product and by early 2008, the company was breaking its own production records.
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CMG Financial competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Ky Higher Education Student Loan Corp. | - | $25.0M | 375 | - |
| Wcs Lending | - | $1.7M | 50 | - |
| American Financial Resources | - | $5.4M | 75 | - |
| Platinum Mortgage | - | $7.5M | 300 | - |
| Pacific Mercantile Bank | 1999 | $183.5M | 160 | 1 |
| Guaranteed Rate | 1999 | $66.0M | 3,495 | 6 |
| Skyline Financial | 1985 | $2.1M | 5 | - |
| RPM Mortgage | 1986 | $95.0M | 801 | - |
| Wyndham Capital Mortgage | 2001 | $44.4M | 650 | - |
| New Penn Financial, LLC | 2007 | $800.0M | 3,000 | 1 |
CMG Financial history FAQs
Zippia gives an in-depth look into the details of CMG Financial, including salaries, political affiliations, employee data, and more, in order to inform job seekers about CMG Financial. The employee data is based on information from people who have self-reported their past or current employments at CMG Financial. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by CMG Financial. The data presented on this page does not represent the view of CMG Financial and its employees or that of Zippia.
CMG Financial may also be known as or be related to CMG Financial, CMG Mortgage Inc, CMG Mortgage, Inc. and Cmg Mortgage, Inc.