Synovus Mortgage Corp. · Birmingham, AL United States
Company Description
Phone: 205-874-1459
Fax: 205-874-1516
Toll Free: 800-803-0803
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Synovus is synonymous with financial services. Synovus Mortgage originates and services residential mortgage loans in its home state of Alabama, as well as in Florida, Georgia, Mississippi, South Carolina, and Tennessee. A subsidiary of multibank holding company Synovus Financial , the mortgage company offers a wide range of products, including fixed- and adjustable-rate mortgages, home renovation and construction loans, and loans backed by the Federal Housing Administration (FHA) and Veterans Administration (VA). It also provides alternative lending products for those southeasterners who may not qualify for conventional financing. Synovus Mortgage operates more than 80 offices in its six-state target market. To read the full description, subscribe now.
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Key Synovus Mortgage Corp. Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $2,292.8 |
| Employees | 150 |
Synovus Mortgage Corp. Executives
8 executives listed for Synovus Mortgage Corp.'s Birmingham, AL location.
| Title | Name & Bio | Contact |
| President and CEO | Mike Padalino | Network |
| SVP and Controller | Mary Balzli | Network |
| CTO | Teresa Yow | Network |
Competition
Competitive Landscape for Synovus Mortgage Corp.
Demand is driven by consumer income and demographics. The profitability of individual companies depends on the correct assessment of repayment likelihood and effective collections activities. Large companies have an advantage in the ability to manage large portfolios of mortgage, auto, and credit card loans through sophisticated computer risk modeling. Small companies can compete effectively in the cash lending or sales finance segments, where a local or neighborhood presence is highly effective. The industry is capital-intensive; annual revenue per worker is about $430,000. To read the full description, subscribe now.Top Synovus Mortgage Corp. Competitors
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