American Portfolio Mortgage

APMC and Town Square Mortgage merger

On February 8, 2023, two profitable, privately-held direct lenders joined forces — creating a larger, multi-state alliance with a combined state license count of 36. Both companies retain their individual names and brands.

Two companies, one alliance

American Portfolio Mortgage Corporation (APMC) and Town Square Mortgage (TSM) entered into a merger agreement announced on February 8, 2023. The combined organization amplifies the collective strengths of both lenders. APMC, a Chicago-based direct lender, has enjoyed 30 successful years of profitability since its founding in 1993. TSM, headquartered in Dallas, is an award-winning direct lender founded in 2009 with a track record of profitable growth.

APMC is the surviving legal entity. The combined companies are led by Paul Kessel, Scott Vorreyer, Lisa Thomas, and Adam Welwood, who serve as Board Members and Officers of the merged company.

"The merger creates a larger organization with significant synergies, unique advantages, and an increased lending footprint to better serve our clients, partners, and each other. We are better together."
Paul Kessel — President, APMC
"This merger brings together seasoned mortgage business leaders and a portfolio of expanded loan products backed by a lending platform with state-of-the-art technology. The future of our combined companies will continue to provide exceptional service to our homebuyers, real estate partners, and builders."
Lisa Thomas — Chief Executive Officer, TSM

Chicago

About APMC

American Portfolio Mortgage Corporation was founded in 1993 by mortgage visionaries who still lead the company today. APMC operates a full-service retail origination platform — originating agency, government, and investor portfolio loans on a multi-state basis through a growing team of professional loan officers. APMC is an independent and well-capitalized direct lender.

Dallas

About TSM

Founded in 2009, Town Square Mortgage is a preferred mortgage lender that has built its reputation by providing exceptional service to homebuyers, real estate professionals, and builders. TSM offers a full spectrum of financing options, with licensing across Arizona, California, Colorado, Connecticut, Florida, Indiana, Maryland, Nevada, New Mexico, Oklahoma, Pennsylvania, Texas, and Virginia.

Want to learn more?

Press inquiries can be directed to Lisa Arthur — APMC's Marketing Director.

Contact Lisa Arthur