Central States Mortgage continues major expansion drive

Central States Mortgage continues major expansion drive
Central States Mortgage will continue its current expansion drive into the new year, says Richard Jungen, CEO of the Wauwatosa-based company.
Central States this year has started operations in Eau Claire and Kenosha; in Davenport and Iowa City, Iowa; and in Omaha, Neb. In addition to the new locations, Central States also has offices in Appleton and Glendale.
Jungen says the company plans include eight offices throughout Iowa; in Kansas City and Sprinfield, Mo.; and in Minneapolis.
“Central States has a long-range plan to grow by creating strategic alliances in different geographic markets,” he said. “We have the potential to open 14 offices in 2004 alone.”
Central States is a parent mortgage company. Its subsidiaries and holdings include mortgage companies, title and closing agencies, a mortgage funding company and a financial services firm.
Its headquarters are at 10425 W. North Ave. in Wauwatosa.