There’s a new face in Nevada’s business district, but not an unfamiliar one.
Jami Hill, of Rhodes, and formerly of Nevada, opened First Mortgage Company at 1120 Sixth St. on July 1. Hill, who lived in the Nevada community from 1996-2006 while she worked at First Federal Bank in Nevada and Global State Mortgage in Ames, said she wanted to open her new business in Nevada because she enjoys the community and its people.
"When I sent out a mailing (about First Mortgage), 80 percent of the addresses were in Nevada. Some of my favorite (Real Estate) agents are right here," she said.
Hill has been with First Mortgage for about four months. She is a mortgage loan officer with the company, which she said prides itself on offering "local service (with) national strength."
Working with loans for more than 12 years at her banking jobs (she also worked for Community Choice Credit Union in Ankeny), Hill said she had to pass the national mortgage exam and get approved by the Division of Banking before she could open her business. And, knowing that she wanted this to be a longtime career, Hill said she did a good deal of research before deciding it was First Mortgage Company that she wanted to represent.
"We (First Mortgage) offer every program available for financing in Iowa, including government loans. Our rates our low; our closing costs are lower," she said of some things she likes about her new company.
After attending Marshalltown Community College in her younger years, Hill said she got her Real Estate license and sold for Iowa Realty. She did well there, even earned Rookie of the Year status, but the hours were long – many evenings and weekends, which didn’t blend well with having a family.
She did, however, love the real estate business, and she feels like being a mortgage loan officer is still a great way to work in that field. "It’s crazy that I ended up in this, but it just kind of intrigued me. I like helping people and this is a really good way to do it. And I can help in a lot more ways than just with mortgages," she said.
First Mortgage Company isn’t a bank and isn’t a broker. "We’re in the middle," she explains. What she really loves about First Mortgage is that they fund all of their own loans. "Your mortgage isn’t going to be sold. We get everything underwritten in Des Moines – that’s a huge deal."
Hill said she will be in her office a lot during the week, and she’s always available by cell phone: 515-291-5626 (LOAN).
When she’s not working, Hill is busy raising her four boys and two step-children, a boy and a girl. She and her husband, Mark, an electrician at DMACC, have a child attending Iowa State University, two high school seniors at West Marshall, and a 6-, 5- and 4-year old in their family. The youngest children, Hill said affectionately, are "my helpers."
Hill looks forward to doing business in Nevada, a town she enjoys for its friendly people and clean, small-town atmosphere. If the lights are on and the door is open, "come on in," she said.