First Coast Mortgage Funding draws on long experience of founders

Original article can be found in the Ponte Vedra Recorder.

Two highly experienced mortgage professionals have joined forces to found a new business in Nocatee. Aaron Bacus is vice president and Jason Kindler is president of First Coast Mortgage Funding, located at 360 Town Plaza Ave. Suite 340.

Though the business has only been open since February and just had its ribbon-cutting ceremony this month, it has been performing well. Bacus said it has been averaging about 50 loans per month.

“It’s been spectacular,” he said.

That success may be due in part to each man’s extensive experience. Each has originated mortgages for thousands of clients, Kindler since 2001 and Bacus since 1997.

The two had long known each other, working together at a firm in Jacksonville and have built very good reputations in the industry. Finally, they decided to strike out on their own and form their own company focused on residential mortgages.

First Coast Mortgage Funding is a mortgage broker, which is different than a lender.

“We can survey lots of different lenders and choose what lender best fits our clients’ needs,” Bacus said.

This gives clients a choice, made possible in part by changing technology. In fact, the business’ website allows clients to submit a loan application or pre-qualify for a home loan. They may also evaluate their options by using the website’s interactive calculators.

Another thing First Coast Mortgage Funding has going for it is its focus on local properties and local partners.

“Our bread and butter, obviously, is North Florida and the Nocatee area,” said Bacus.

The business has Realtor partners throughout the area and also works with David Weekley Homes.

Of course, the increase in people moving into Northeast Florida has helped First Coast Mortgage Funding to find rapid success.

“The growth has been spectacular,” Bacus said. “Obviously, rates being so low doesn’t hurt, but people are just flocking here. It’s unbelievable. We’re really excited to be a part of it.”

Kindler and Bacus are also deeply involved in the community. They support the schools as well as the YMCA.

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