SC: Movement Mortgage to Invest $18M, Expand, Create 700+ Jobs
25 Jan, 2017
Movement Mortgage, LLC, one of the fastest-growing mortgage lenders in the country, is expanding its existing corporate headquarters in Lancaster County. The company is investing $18 million and creating more than 700 new jobs over the next five years.
Founded in 2008 and headquartered in Indian Land, South Carolina, Movement Mortgage has grown tremendously in its first eight years. Upon its inception, the company employed four workers. Today, the firm's total employment exceeds 4,100, including more than 650 at its Lancaster County headquarters. As one of the nation's top 10 purchase mortgage lenders, Movement Mortgage has licensed operations in 48 states.
Located in the Bailes Ridge Corporate Park on Highway 160, the company will be constructing an additional 91,000-square-foot building to accommodate their continued growth. Hiring for the new positions is projected to begin in the first quarter of 2017, and interested applicants should visit the company's careers page online.
The Coordinating Council for Economic Development has approved job development credits related to the project. For more information on Movement Mortgage, visit www.movement.com.
"This hiring and expansion is going to help drive our business forward as we continue to lead a Movement of Change in the mortgage industry, corporate culture and our communities. Once again, Governor Haley and the State of South Carolina have proven to be great partners in creating a business-friendly climate that promotes growth and a spirit of partnership between the government and the private sector." -Movement Mortgage CEO and Co-Founder Casey Crawford
"Movement Mortgage has been an incredible partner to our state since its doors opened in Lancaster County two years ago. This $18 million investment, and the 700 jobs it means for Lancaster, shows that Movement Mortgage is committed to our state and its people, and we couldn't be more excited to see this fantastic company continue to grow and thrive here for a very long time." -Gov. Nikki Haley
"Today, we congratulate Movement Mortgage on all of their successes here in the Palmetto State and around the country. When a company chooses to further expand its footprint in our state, it's truly a testament to our positive business climate and our unparalleled workforce." -Secretary of Commerce Bobby Hitt
"Lancaster County is very excited that Movement Mortgage will expand its headquarters in Indian Land. In just over a year, they have become one of the county's leading corporate facility operations and have exceeded their initial projection for jobs and investment. The county council thanks Movement Mortgage for their new commitment to our community, as well as the state and county economic development team that worked with them to get it done." -Lancaster County Council Chairman Steve Harper
"This was a very competitive project with other states. Movement Mortgage's decision to double the size of its Lancaster County operation speaks volumes about the state and county's excellent business climate. The Indian Land area has emerged as one of the top locations for headquarters facilities in the Carolinas and Southeast, and it's the success of companies like Movement Mortgage that have led the way. Movement Mortgage's expansion is fantastic news for Lancaster County, the Charlotte region and South Carolina." -Lancaster County Economic Development Director Jamie Gilbert
FIVE FAST FACTS
- Movement Mortgage expanding Lancaster County headquarters.
- $18 million investment to create 700 new jobs over the next five years.
- Movement Mortgage is one of the fastest growing mortgage lenders in the country.
- Located in the Bailes Ridge Corporate Park on Highway 160, the company will be constructing an additional 91,000-square-foot building.
Hiring for the new positions is projected to begin in the first quarter of 2017, and interested applicants should visit the company's careers page online.
About S.C. Department of Commerce
As South Carolina's leading economic development agency, the Department of Commerce works to recruit new businesses and help existing business grow. Commerce has recruited world-class companies to South Carolina such as BMW, Boeing, Continental, Giti Tire, LPL Financial Holdings, Mercedes-Benz Vans, Toray and Volvo Cars and also supports startups, small and existing business, innovation and rural development initiatives. Commerce partners with the S.C. Technical College System via readySC to support workforce training and recruiting, and with the S.C. Department of Employment and Workforce, which provides worker training and employment opportunities within the state. IBM-Plant Location International reports in 2012, 2013 and 2015 ranked South Carolina first in the nation for attracting jobs through foreign investment. For more information, visit www.SCcommerce.com.