CreditFlex Plans Major Expansion

CreditFlex Funding, Morgan Hill, Calif., the nonprime lending division of mortgage lender ComUnity Lending, has announced plans to more than double its number of offices nationwide this year.The first new office will open in Sacramento, Calif., in February. CreditFlex already has offices in Orlando, Fla., and the Seattle area, and the company said it plans to expand into Southern California, Utah, Missouri, the Middle Atlantic states, and Texas in 2005. "This ambitious expansion effort is part of our long-term plan to increase our overall market share and presence in the mortgage industry," said Scott Coburn, vice president and division manager for CreditFlex. The company can be found online at http://www.creditflexfunding.com.