Stratton Equities, the foremost private money and NON-QM mortgage lender operating nationwide, joyfully commemorates its fifth year of existence. From its inception in 2018, the company has achieved remarkable progress and broadened its reach. Thanks to the visionary guidance of its Founder and CEO, Michael Mikhail, Stratton Equities has firmly established itself as a leading force in the real estate investment and lending sector.
On his journey to becoming an industry leader, Mikhail encountered substantial challenges. After traveling through 19 countries over five years, he came back to the US in 2017 facing homelessness and financial difficulties. Despite these setbacks, his determination, coupled with his prior experience in mortgage lending from 2003 to 2010, fueled his progress. He had to overcome obstacles like minimal managerial support, limited program options, a lack of leads, insufficient training and technology, and an unhealthy work culture pervasive in the industry, which resulted in high turnover rates and low production among loan officers.
In response to these challenges, Stratton Equities emerged as Mikhail’s vision to revolutionize the mortgage lending industry. By introducing a variety of programs and creating a stream of organic inbound leads, Mikhail achieved extraordinary success, earning $1.3 million within just six months of launching the company.
Mikhail’s relentless commitment to providing outstanding service and ensuring success has propelled Stratton Equities to the forefront of the private money and NON-QM mortgage lending industry. With a customer-centric approach, cutting-edge technology, and profound expertise, the company has broadened its market presence and sets its sights on an ambitious goal of reaching $1.2 billion in closed loan volume annually, equivalent to $100 million per month.
Celebrating the milestone, Mikhail expressed gratitude for the incredible journey. It showcased their commitment, dedication, and the trust of clients and partners. This achievement reflects the power of perseverance and innovation in lending. With an expanded reach, refined strategies, and boundless opportunities ahead, they aim to shape the future of real estate financing and empower dreams. The best is yet to come.