Churchill Mortgage Acquires Elev8 Mortgage

Business Wire | February 27, 2020

Churchill Mortgage Acquires Elev8 Mortgage
Churchill Mortgage, a leader in the mortgage industry providing conventional, FHA, VA and USDA residential mortgages across 46 states, announced today that it has acquired Elev8 Mortgage. In Bend, Ore., with a population of 94,520, Elev8 grew from a new broker shop to producing an average of $100 million a year. With the acquisition of Elev8, Churchill Mortgage will be transitioning their entire team and office into a leading Churchill branch made up of former Elev8 employees offering more than 100 years of combined experience. We made the decision to join Churchill Mortgage because of the unique position that the company holds in the industry,” said Dan Williams, President of Elev8 Mortgage. “Churchill’s current broker model is unlike others in the mortgage space. The company has a culture and brand behind it that stands for more than just closing a loan – it is about leaving customers in a better position by helping them achieve debt-free homeownership. Churchill Mortgage does all of this while offering incredible products and rates, delivered with technology that is best in class. There was no downside to this acquisition. It will only improve our business and our incredible team.

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