Mortgage News Stock Market

Premier Mortgage Resources, LLC Now Offers All Employees Company Stock

Premier Mortgage Resources, LLC Now Offers All Employees Company Stock
In addition, Premier Mortgage Resources, LLC begins matching 401k retirement plan

Premier Mortgage Resources, LLC is proud to announce that all employees, including its loan officers, now own stock in the company. This is thanks to its new Employee Stock Ownership Plan (ESOP).

Latest Fintech Insights: LEWK Announces Successful Closing Of $3,26 Million Seed & Private Sale

As the company grows, the value of each employee’s stock grows with it.

“The success of our company is based on the incredible talent of our employees, and I wanted to make sure they understand that even more by allowing each and every one of them to own stock in what they have helped build,” said Cory Swain, President and CEO of Premier Mortgage Resources, LLC. “If you join our company, you are part of our family, which means we want to do everything we can do take care of you and your family.”

Browse The Complete News About Fintech : HALO Advisory Launches Independent Mortgage Brokerage

The stock shares are driven by higher volume/more production and reduced expenses and improved profit. No personal employee money is invested in the ESOP program, and they become a participant automatically by meeting certain employment requirements:

  • The two annual calendar entry dates; and
  • Must be over 21 years of age; and
  • Must have worked more than 1,000 hours.

Every year an employee is with Premier Mortgage Resources, LLC, they have more shares allocated.

“We are starting 2022 the right way, by putting our people first because they are the ones delivering the dream of home ownership to people across the country,” Swain said.

Additionally, Premier Mortgage Resources, LLC, now offers a match to their 401k retirement plan.

Read More About Fintech News Coinrealcap Announces Its Pinksale, Aims To Bring Advanced Crypto Tracking Features

[To share your insights with us, please write to sghosh@martechseries.com]

Related posts

Bookkeeper360 Is Offering No-Cost Advisory to Small Businesses Impacted by the COVID-19 Pandemic

Fintech News Desk

Morgan Stanley Wealth Management Announces Latest Game-Changing Addition to Suite of GenAI Tools

Business Wire

TrustRadius Announces New Partnerships to Better Serve Tech Buyers’ Expectations

Fintech News Desk
1