Posted by Heidi Schwartz
Carrington Mortgage Services, LLC, a fully integrated mortgage origination and servicing company, announced plans to expand its Indiana-based operations, creating up to 360 new jobs by 2019.
The Santa Ana, CA-headquartered company, which is a subsidiary of Carrington Holding Company, LLC, will invest $3.17 million to renovate and equip a facility in Westfield. The planned facility, which will be operational by the end of this year, will provide growth opportunities for the company’s origination and servicing departments.
“We are excited that Carrington Mortgage recognizes our talented workforce and commitment to keeping taxes low and has chosen Indiana as a fixture in its long-term business plan,” said Indiana Gov. Mike Pence.
“Indiana’s cost competitive business environment and the strength of the Central Indiana workforce made Westfield an ideal location for Carrington to continue to grow,” said John Alkire, executive vice president of Carrington Mortgage. “We look forward to expanding our footprint in Indiana and contributing to the local economy.”
The Indiana Economic Development Corporation offered Carrington Mortgage Services up to $3,650,000 in conditional tax credits based on the company’s job creation plans. The city of Westfield is considering additional property tax abatement.
“It is with great enthusiasm that the city of Westfield welcomes Carrington Mortgage Services,” said Westfield Mayor Andy Cook. “Westfield continues to be a great place to live, work and play and expansions like this not only provide economic opportunities for our city, but job opportunities for our citizens. We look forward to the continued growth of Carrington Mortgage Services here in the years to come.”
