Indianapolis-based Royal United Mortgage LLC is expanding its operations and plans to create up to 140 jobs by 2013.
In a statement released today, the company said it will invest more than $1.85 million to lease a new facility and that hiring has already begun
Indianapolis Mayor Greg Ballard praised the announcement saying, "Indianapolis is a competitive place to launch and grow small businesses thanks in large part to our fiscal responsibility and our success in achieving a stable outlook for the future."
Royal United, which currently employs 151 associates in Indianapolis, has already begun hiring new mortgage advisory, operations, technology and servicing associates.
"When we launched this business a little over three years ago, we were confident that the resources available to us in the Indiana market would provide us with some of the best and brightest in this industry," said Michael Keleher, President of Royal United Mortgage. "Our results have proven this to be true. I am proud of our team and look forward to our expansion."
Founded in 2008 by Craig L. Royal and Michael P. Keleher, Royal United Mortgage was created to give consumers a more personal mortgage and financial services experience. In 2009, The Indianapolis Star named it as one of the Top Five Places to Work in Indianapolis.
Royal United Mortgage, LLC, headquartered in Indianapolis, is a privately held, predominantly employee-owned mortgage bank.