Arbor One Mortgage nearly doubles staff in first week, looks toward growth

When Reigis Recchia and his two partners were looking for a location to open their new mortgage group, they chose an office at 2800 S. State St. because of the space's ability to expand with the business.  It turns out, that was a good idea. Its first week of business, Arbor One Mortgage Group nearly doubled their staff from four to seven employees, and according to Recchia, they're just getting started.  "We're already looking to hire four to seven more people," he says.  Arbor One Mortgage Group is a new organization affiliated with Sterling Heights-based Mortgage 1. According to Recchia, the goal of Arbor One Mortgage is to connect mortgage experts who know the local real estate market with customers. Though the firm is growing quickly, Arbor One Mortgage is selective in its hiring, only employing those with at least five years experience in the mortgage industry, something Recchia says is rare in the field.  "When you're dealing with a more experienced staff, you're able to make the transaction a lot smoother," he says, also emphasizing the group's advantage of being local to Washtenaw County. "Our underwriters are very familiar with what's going on in this area." The 2,000 square foot office opened on March 1, and has the ability to expand another 10,000 square feet throughout the building.   Source: Reigis Recchia, Arbor One Mortgage Group Writer: Natalie Burg