Embrace Home Loans opens new office in Minnesota – NMP
Embrace’s new office houses a dedicated sales team to support Embrace’s Ameriprise Financial business. In May 2020, Embrace announced a partnership with Ameriprise Financial to provide wealth management advisors and Ameriprise clients with mortgage financing and services.
Mike Kohn, Embrace Financial Institutions Group Team Leader, leads the new branch. Kohn joined the company earlier this year after 20 years with Wells Fargo Home Mortgage in Minneapolis and Wisconsin.
âThe Twin Cities area has many experienced mortgage industry professionals,â said Kohn.
Kevin Bjork, director of alliance development and vice president of Embrace’s financial institutions group, oversees the Ameriprise relationship for the company in Arden Hills and other locations.
âWe plan to grow our business even more here and will likely add a few more people before the end of the year,â Bjork said.
Bjork is a 25-year mortgage industry veteran with experience in the capital markets, correspondent and wholesale lending, as well as building relationships and partnerships with financial services companies. He has spent most of his career with Wells Fargo Home Mortgage in executive roles, including heading the Well’s Fargo Joint Venture Partnerships.
âThe greater Minneapolis-Saint Paul area has a thriving housing market with a strong talent base of mortgage professionals,â said Bjork.
The new office is located at 6 Pine Tree Dr, Suite 100, Arden 55112. Mortgage professionals in the area can view and apply for available opportunities by visiting Embrace’s career site.