BANKING/FINANCE
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Landmark Bancorp, the holding company for Landmark Bank in La Habra, has formed a mortgage services division mainly to help home owners and home buyers find a variety of loans.
The subsidiary, Excelmark Mortgage Services, plans to become a “supermarket for real estate financing,” said Mike Paxton, the subsidiary’s president.
“We are somewhat unique because we will pre-qualify the borrower over the telephone and give real estate information at no charge,” he said. The company acts as a broker by using a number of financial sources in addition to Landmark Bank to fund loans.
Excelmark is based in Lake Forest in the Landmark Bank branch and has offices in bank branches in La Habra, Anaheim and Santa Fe Springs and in satellite offices in San Diego, Orange and Los Angeles.
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