LoanStar Home Lending opens fifth Texas branch in Laredo
Laredo, TX
03/12/2018 03:59 PM

PORTLAND, Ore. – March 1, 2018 – LoanStar Home Lending is pleased to announce it has opened its fifth mortgage bank branch in Texas at 9114 McPherson Road, Suite 2503, Laredo.  The new branch is its 26th retail branch operation.  LoanStar is licensed in 17 states, primarily in the West and Southwest. 


 “LoanStar is growing despite a shrinking mortgage market, and especially in Texas.  We see a lot of opportunity for a branch with our product mix, marketing prowess, and efficient operations in Laredo.  We have a great group of people that will represent the LoanStar family in Laredo, and I’m confident they’ll do a wonderful job for their community and the referral partners that make home ownership a reality for so many,” said Mike Baldwin, President and CEO of LoanStar. “Helping our clients purchase or refinance a home is meaningful work, so we strive to ensure that every employee feels connected and supported at LoanStar. Our culture is all about our people and we recognize their important role in making LoanStar what it is today. We truly live our tagline: People Powered Mortgages,” added Baldwin.

The new LoanStar branch in Laredo is led by Carlos Garza, Jr, Branch Manager and Senior Residential Mortgage Loan Officer (NMLS # 215946).  Carlos is joined by RMLO’s Charlie Guerrero (NMSL # 197326) and Gisela Mendoza (NMLS # 1019056).  Kris Garza is a Loan Officer Assistant and RMLO (NMLS # 968924). “We are really excited to join LoanStar who has built such a great reputation in Texas in a very short time.  The support and culture are a breath of fresh air and we couldn’t be more proud to be a part of this exciting, growing mortgage bank,” said Garza, Jr.


“Carlos and his team are a perfect fit of experience and culture that matches LoanStar’s goal to deliver the ultimate home lending experience to every customer, every time! The Lone Star State is quickly becoming a LoanStar State, and I couldn’t be prouder!” said SVP, Regional Sales Manager Ron Schlachter.  The company has been adding an average of ten new originators a month in the last 90 days, an up-tick in growth that is fueling LoanStar’s growth in 2018. 


About LoanStar Home Lending

Founded in Portland, Oregon in 2013 by a deeply experienced leadership team, LoanStar Home Lending is a mortgage lender providing innovative government, conventional, jumbo and alternative qualification (Non-QM) home loan solutions to customers across the United States. 


LoanStar currently has 26 branch offices located in 17 states and employs over 300 licensed mortgage loan officers, operations and administrative staff.  In 2016 and 2017, in just four full years in business, the mortgage bank closed over $1 billion in residential mortgage volume. In June 2017, the company was honored with the Fastest-Growing Private 100 Companies Awards 2017 (ranked 9th).  In August 2017, LoanStar was approved to be a Fannie Mae direct lender.  In September 2017, LoanStar was awarded a Top Workplace Award for the third consecutive year. 


For more information, please visit

Kenn Bartley
(503) 597-6702
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