Integrity Home Loan reports it will close on 3,500 new mortgage loans in 2012 that total more than $500 million

LAKE MARY, Fla. --- Integrity Home Loan of Central Florida reports it will close on 3,500 mortgage loans in 2012 valued at more than $500 million. Matt Malloy, president of Integrity Home Loan of Central Florida, Inc., said some 65 percent of the new loans refinanced previous mortgage loans at substantially lower rates under the federal government’s HARP program that helps home owners burdened by the housing collapse. Malloy said it is essential for Congress to renew and extend the HARP program, which targets home owners whose mortgage balance is greater than the assessed value of their home but who have kept their mortgage payments current. Malloy said Integrity’s 2012 loan volume is up more than 30 percent over last year. Integrity Home Loan ranks as one of the region’s largest and most active mortgage lenders with nine Florida branches including the Central Florida headquarters in Lake Mary and a new branch in the Detroit area.