Wholesale mortgage lender ClearVision Funding has nearly doubled its office space in Santa Ana, where it now employs 130, with plans to add more next year amid signs that the housing recovery is gaining steam.
The company competes with large banks and other lenders and has provided about $2 billion in funding on more than 6,000 loans since it opened in May 2010, according to President Jon Maddox. Closely held ClearVision doesn’t disclose revenue, but Maddox said it reached profitability within the first 90 days of business and has grown steadily since.
21,000 SF
The company re-cently took 21,000 square feet at 3 MacArthur Place in the John Wayne Airport area in its move from a nearby building.
It plans to add another 13,000 square feet next year, when it expects to double its OC staff.
“And that’s a minimum,” Maddox said.
ClearVision also has 25 workers in Charlotte, N.C.
It is a DBA of Walnut Creek-based lender Pacific Union Financial LLC, and works directly with mortgage brokers and funds government-insured loans.
