MVB Mortgage, MVB Mortgage of PA, and MVB Mortgage of KY are registered trade names of Potomac Mortgage Group, Inc. a wholly-owned subsidiary of MVB Bank, Inc.
Company NMLS ID# 181319
Our mission is to provide a consumer experience that exceeds our clients’ expectations. Our business-savvy loan officers strive to be the most proficient, most concerned, and most proactive mortgage origination resource people in the industry.
In our ever-changing regulatory world, our management team is constantly focused on improving our ‘best practices’ and streamlining our processes, such that decisions can be made that allow loan officers to act fast to benefit their clients.
In July of 2009 Ed Dean opened Potomac Mortgage Group, LLC, a private mortgage banking firm, with 10 employees and one branch office. By the end of 2012, PMG had incorporated and grown to approximately 104 employees in three locations, Reston, Fairfax and McLean, Virginia, and had helped hundreds of families get into a home, or save their homes following collapse of the mortgage bubble. A unique feature at PMG was and continues to be a highly specialized constructing lending team designed to walk the borrower and their builder through the construction phase of their new home.
In December of 2012, MVB Bank acquired PMG, Inc. as a wholly-owned subsidiary, dba MVB Mortgage, with Ed Dean at the helm as President and CEO, and Executive Vice President Peter Cameron leading the sales team. The company welcomed the Bank’s existing mortgage team members sitting in five bank locations in West Virginia, from Martinsburg and Morgantown to Bridgeport. In October of 2013, MVB Mortgage added its own in-house marketing department in support of the sales team, and by summer of 2014, the company had experienced a huge recruiting effort and the addition of two new branches, in Ashburn, Virginia and in the heart of the Washington, DC financial district. This growth was followed immediately by an expansion into the Carolinas, adding 10 locations and more than 20 loan officers and various operations support staff.
Today, MVB Mortgage has a sales team consisting of 85 loan officers, loan officer assistants, and additional support staff. The Operations team accounts for another 60+ staff. We have physical presence in four states: Virginia, West Virginia, North and South Carolina, with loan officers in 20 cities, plus the District of Columbia. We are licensed to originate in another 10 states.