Integro Bank, a Phoenix de novo, has created a mortgage division.
The $42.6 million-asset bank said in a press release that the division is led by Steven Zielsdorf, its director of residential mortgage lending.
“We offer a wide variety of loan programs to meet your mortgage financing needs whether you are a traditional residential home buyer or a small business owner with challenges validating income to meet the financial requirements,” Zielsdorf said in the release.
Integro opened in June 2022 after raising more than $28 million in initial capital. The bank received approval in November to offer 7(a) loans through the Small Business Administration.