Filed Under: [ Business ] [ Hispanic News ] [ Latinas ] [ Press Releases ]
Tags: family, orange county, parents, population
Knowledge is Power!
“-American Financial Group www.eAmericanFinancial.com has found great success in today’s challenging mortgage environment by serving the Hispanic Community.
American Financial Group sees the Hispanic population as a great business market which is reinforced by the National Association of Realtors who recently announced that the number of Latino home owners in the U.S. vaulted a staggering 81 percent between 1995 and 2005.
To service the needs of those customers, American Financial Group has a large proportion of Hispanic loan officers among its staff. A percentage are female and some initially started at the Company with limited knowledge of the mortgage industry, but have been able to grow into the business and attain great financial and personal success.
One such loan officer is Edith Villa who started at American Financial Group 6 years ago as a receptionist at the age of 20. She was a novice to the industry and took the position to help out her family financially. Both parents worked long hours at the Post Office to support the family.
Edith progressed through the ranks at American Financial Group and today, Edith is a successful loan officer with an established career. One measure of her success is that at the age of 25, she was able to retire her mother and pay her a salary to watch her young child.
“It was a great pleasure for me to attain the kind of success and financial leverage that I was able to retire my mother so she could stay with my son while I work,” said Villa. “American Financial Group has allowed me to grow financially and personally and being able to retire my Mom was a tremendous feeling for all of us.”
Ironically, American Financial Group’s Co-Founder, Vince Tran, is a Vietnamese immigrant. Tran arrived in Orange County as a young man who did not speak English and was virtually penniless. Because of that background the Company has always been very sensitive in serving the unique needs of local immigrant and minority communities including the Hispanic community.
“Working with the Hispanic community has helped American Financial Group to continue to grow. It’s been good for our Hispanic customers, our Hispanic loan officers and the Company,” said Tran. “We definitely are very committed to the Hispanic market and further establishing our leadership position in the market.”
About American Financial Group
American Financial Group is based in Cerritos, CA. The Company was co-founded in 1989 by Vince Tran, and has grown by 35% each of the last seven years. The Company funded over $270,000,000 in closed mortgage loan volume in 2006 and over $3 billion since its inception.
The Company is located at 13043 E. 166th Street, Suite 100, Cerritos, CA 90703. For more information visit www.eAmericanFinancial.com.”
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