Hunt Mortgage Expands to Phoenix, Hires New VP

Matthew Frank was named vice president of the company's Small Balance Loan Group, where he will be responsible for sourcing and closing Freddie Mac small balance loans.

Hunt Mortgage Group opened a production office in Phoenix and has hired Matthew Frank to oversee the change.

Matt Frank, vice president, Hunt Mortgage Group's Small Balance Loan Group
Matthew Frank, vice president, Hunt Mortgage Group’s Small Balance Loan Group

“Phoenix is a quality market with strong dynamics and solid underlying real estate fundamentals,” said Rick Warren, senior managing director at Hunt Mortgage Group, in prepared remarks.  “A local presence enables us to better serve the rapidly growing needs of area developers and investors. This is the seventh new Hunt Mortgage Group office we’ve opened in the past year.”

Frank was named vice president in the company’s Small Balance Loan Group where he will be responsible for sourcing and closing Freddie Mac small balance loans nationwide, with a focus on the Southwest. He will report to Warren and Director Mark Besharaty.

“We are making strategic additions to our organization to expand our market reach and capitalize fully on our expanded financing capabilities,” said Besharaty, in prepared remarks. “Matt is a seasoned financial services executive with deep experience in commercial real estate and in working with businesses on debt arrangements. We are pleased he has come on board to open an office in Phoenix and serve local clients.”

Prior to joining Hunt Mortgage Group, Frank was a commercial loan officer at AlaskaUSA Federal Credit Union, vice president at Unison Bank and held positions with Unum Group, Infinity Software Solutions and Union Bank of California. Frank earned his B.A. from the Arizona State University and holds an Arizona Insurance License. He is a member of the MBA, NAR, ACMLA, PAF and Queen Creek Economic Development Commission.

Hunt Mortgage Group has three main focuses: the conventional loan business, the small balance loan business and the affordable housing lending business. 

Image courtesy of Hunt Mortgage Group