News & Events

Mortgage Lender Finds A Home In Scottsdale Area

Posted January 21, 2016

— NEWS RELEASE—

MORTGAGE LENDER FINDS A HOME IN SCOTTSDALE AREA

January 14, 2016 – An independent community mortgage lender celebrating almost 150 years of home lending opens its doors in the Phoenix area today.

Mike Mazella, the mortgage veteran selected to run First State Mortgage operationsin Arizona, is excited for the opportunity to share First State Mortgage’s vast portfolio of loan products with residents and the real estate community.

“We are excited to help the community grow by providing low-to-moderate income families with home financing in an up-and-coming area of the state,” said Mazella. “With over 20 investors, we have the products to help virtually anyone with their financing.”

First State Mortgage offers a huge portfolio of loan products, including conventional, FHA, USDA, VA, jumbo and second home financing. First State Mortgage will operate in an office space near Kierland Commons in north Scottsdale on Scottsdale Road.

When asked about why he chose to partner with a lender who is new to the Arizona area, Mazella responded, “I am personally excited about the opportunity to put together a team of quality originators and support staff who will give the real estate community a level of service that Arizona hasn’t seen for some time.”

First State Mortgage’s leadership agrees with that sentiment.

“Our loan process is a source of great pride for our mortgage team,” said Daniel R. Simpson, Executive Vice President of First State Bank of St. Charles, First State Mortgage’s parent company. “We have been awarded and recognized for our outstanding commitment to quality. Expanding into Scottsdale allows Arizona residents more access to the quality of home financing that we are known for.”

“We are excited about the opportunity to grow our mortgage operation and offer the community a broader range of mortgage loan programs,” added Simpson. “We look forward to providing professional and responsive service to Arizona residents.”

First State Mortgage is a division of First State Bank of St. Charles, an award-winning independent community bank founded in St. Louis in 1867.