STAMFORD AND DANBURY, CT :Stamford Mortgage, a subsidiary of Savings Bank of Danbury (http://sbdanbury.com), is celebrating 25 years of business in the Stamford community.
In 1996, after ten years with People’s Bank, Penn Johnson went out on his own and launched Stamford Mortgage Company. Under his guidance, the business grew from a single-employee company to a team of 18, having originated over $2 billion in loans and having served more than 4500 households before its acquisition by Savings Bank of Danbury in 2010. Johnson continues to serve as President of Stamford Mortgage Company and they have now originated more than $3 billion in residential mortgages.
A resident of Redding CT, Johnson has been named the top mortgage originator in Fairfield County for 2018 and one of the top real estate professionals in Connecticut by Forbes Magazine. In addition Johnson has been named as a Five Star Mortgage professional in Connecticut for the sixth year in a row. The final list of Five Star Mortgage Professionals includes less than 7% of the mortgage professionals in the market.
“I’m proud of the strong reputation that Stamford Mortgage enjoys with the local real estate community and the many friendships we have enjoyed over the years,” said Johnson. “Being a part of a local bank makes us different from many of the other options that clients have. We understand we are an important part of a client’s support team, we respond quickly when things come up and are resourceful at solving problems. We are looking forward to our next 25 years of helping home buyers achieve their dreams.”
“We applaud Penn and the team of Stamford Mortgage on this milestone said Martin Morgado, President and Chief Executive Officer of Savings Bank of Danbury. “Stamford Mortgage is consistently a top producer in Fairfield County and in the state of Connecticut. Their attention to our customers’ needs is exceptional.”