Carrington Mortgage Services has announced plans to expand its operations in the state of Indiana. The Santa Ana, California-headquartered company, which is a subsidiary of Carrington Holding Company, will invest $3.17 million to renovate and equip a 77,000 square-foot facility in Westfield, Indiana.
The company plans to have the facility, which will “provide growth opportunities” for the company’s origination and servicing departments, operational by the end of the year.
“As a reputable mortgage company, Carrington Mortgage knows the importance of making sound investments,” said Indiana Governor Mike Pence. “Home to a balanced budget and triple-A credit rating, Indiana’s business environment is stable and strong. 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.”
Additionally, the company plans to add up to 360 new high-wage jobs in the area by 2019.
“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 while extending our services and exceptional home financing products to our clients.”