Solera National Bancorp Inc. in Lakewood, Colo., is getting into the mortgage business on its own.
The $137 million-asset company announced Tuesday that it has begun originating residential mortgage to its customers. Solera, which was started in September 2007, had a mortgage origination partnership with Countrywide Financial Corp. until that company was acquired by Bank of America Corp. in 2008.
Solera primarily focuses on the Hispanic market. It said in a press release that it would offer conventional mortgages and refinancing for homeowners and one-to-four-family income properties.
