Cobalt Mortgage Expanding Presence in North Texas

Said Sabbagh takes reins at Plano branch

PR Newswire

PLANO, Texas, June 3, 2014 /PRNewswire-iReach/ -- Cobalt Mortgage, one of the largest privately-owned mortgage lenders in the US, is proud to announce the appointment of Said Sabbagh as Branch Manager of their Plano, Texas office. He will lead the staff and operations as the company continues its expansion throughout North Texas and surrounding markets.

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Said brings more than 12 years of mortgage banking and leadership experience to the office, along with his affinity for establishing enduring relationships with customers and business associates. "I believe that my service philosophy is a perfect fit with Cobalt Mortgage," commented Said. "We design everything around the customer's needs, and do whatever it takes to achieve their complete satisfaction. I'm dedicated to earning the trust of each client by finding a way to meet their short-term and long-term needs."

Joe Gregory, Cobalt Mortgage's North Texas Area Manager, has high expectations for Said. "Besides his broad, technical knowledge of the mortgage industry and processes, Said's proven ability to train and lead loan originators makes him a welcome addition to our area management team. We're also excited about his ability to connect with customers and build partnerships with local community organizations," commented Joe.

With four North Texas branch offices—Dallas, Plano, Fort Worth and Southlake—and more in the works, Cobalt Mortgage is well positioned to help Texans in the DFW metroplex achieve their homeownership dreams. "We're aiming to become the lender of choice throughout the North Texas area," said National Sales Executive Dave Bochsler. "Said is a key part of our expansion strategy and is uniquely qualified to help us increase production in the Plano community."

A long time North Texan, Said holds a bachelor's degree in business administration from Texas State University.

About Cobalt Mortgage:

Cobalt Mortgage has provided financing to thousands of home buyers. Founded in 2001, the firm has a decade-long reputation of responsible lending. One of the largest privately-held mortgage banking firms in the US, Cobalt has offices throughout the United States, including Arizona, California, Colorado, Idaho, Louisiana, Nevada, Oregon, Texas, Utah, Washington and Wyoming and is licensed in 15 states. With strong leadership provided by co-founders Keith Tibbles and Ernie Gehre, the company is dedicated to responsible lending practices, community involvement, and education. As corporate supporters of the Boys & Girls Club, and the Cobalt Cares Foundation, the company makes a positive impact in the communities where it operates.

Cobalt Mortgage is licensed in Arizona, California, Colorado, Idaho, Louisiana, Michigan, Montana, Nevada, New Mexico, Oklahoma, Oregon, Texas, Utah, Washington and Wyoming.

Website: www.cobaltmortgage.com

Cobalt Mortgage, Inc., NMLS Unique Identifier: 35653.

Contact:

Jeff Bell, Executive Vice President, Director of Production Services

11241 Slater Ave. NE, Suite 110

Kirkland, WA 98033

425.406.2480

jeff.bell@cobaltmortgage.com

Media Contact: Joe Gregory, Cobalt Mortgage, Inc., 817-721-5399, joe.gregory@cobaltmortgage.com

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