Higher.com is one firm that seems to be benefiting from the COVID-19 pandemic. Higher.com is an internet lender within the mortgage sector.
Crowdfund Insider reported final 12 months that Higher.com was funding $375 million in mortgages a month. A distinct report mentioned that quantity stood at $700 million in mortgages a month by the top of the 12 months. If that quantity has held, and it’s a fairly good guess that it has, Higher might be doing effectively over $four billion in mortgages a 12 months.
Rates of interest have held pretty regular at document lows thus fueling a wholesome clip of mortgage refinancings. Latest strikes by the Federal Reserve have shortly pushed charges even decrease. Decrease charges = extra demand for refinancing. It additionally helps that Higher is completely on-line because the US inhabitants is just about in full lockdown as a result of Coronavirus.
A current report in Inman, references an inner memo authored by Higher.com CEO Vishal Garg that signifies he’s seeking to particularly rent laid-off hospitality employees – a sector of business that has been devastated by the pandemic.
“The Coronavirus pandemic has made an unprecedented affect on every of our lives. One of many issues that I discover most heartbreaking to see, each time I activate the information, is the devastation triggered to native companies with 1000’s of hard-working people being laid off in cities across the nation. The hospitality business, particularly, has suffered a historic blow. The hard-working folks of the hospitality business will convey a continued excessive stage of service and buyer first-ethos to our gross sales and ops crew as we develop. Working in hospitality requires a customer-centric mindset and a capability to be level-headed and calm beneath strain.”
Higher.com is alleged to be hiring tons of of recent staff – hoping to onboard 150 new staff every month.
There are dozens of posted job openings on the Higher.com hiring web page with positions obtainable in New York, California, North Carolina in addition to a couple of distant openings.