Multiply Mortgage Hires Mortgage Industry Vet Karen Mayfield as National Head of Originations

DENVER--(BUSINESS WIRE)--Multiply Mortgage, the financial technology company making homeownership more accessible through employee benefits, today announced the hire of Karen Mayfield as National Head of Originations. In this role, Mayfield will be responsible for driving growth and innovation as well as building out the company’s team of mortgage originators.

Mayfield brings over 25 years of mortgage and lending experience including leadership roles at Citi, Chase, and Wells Fargo. Most recently, Mayfield served as SVP for the Pacific Coast Region at Guaranteed Rate Affinity, where she oversaw a dynamic team of mortgage originators across Northern California, Hawaii, Nevada, Oregon, and Washington.

“Multiply Mortgage is taking such a novel approach to mortgages and the level of interest they are already receiving from partners just goes to show the value employers see in this type of benefit,” said Mayfield. “I look forward to investing in and scaling our team of originators to meet the growing demand for Multiply’s offerings as homebuying activity accelerates this year.”

Reaching potential homebuyers where they work enables Multiply Mortgage to introduce buyers to knowledgeable, local real estate agents in the market – a key benefit for its originators. As Multiply’s mortgage platform evolves, its team of mortgage originators will remain at the core of its strategy to deliver concierge client service, exceptional products and pricing, and a remarkable overall experience.

“Karen’s deep experience and strong leadership will help Multiply Mortgage as we enter a period of rapid growth marked by a dramatic increase in demand for mortgage-as-a-benefit,” said Michael White, CEO and co-founder of Multiply Mortgage. “With companies’ focus on return-to-office and more home buyers entering the market in recent months, employers want to offer current and future employees additional support for the biggest purchase of their lives.”

To learn more about Multiply, visit https://www.multiplymortgage.com/.

ABOUT MULTIPLY MORTGAGE

Multiply Mortgage helps employees navigate the largest purchase of their lives: buying a home. Its financial wellness benefit offers mortgage interest rate discounts of up to 0.75%, unlimited 1:1s with mortgage expert advisors, and employee education sessions covering the home purchase and financing process, all with zero cost or administrative overhead for the company. Multiply is backed by Kleiner Perkins, A*, and other leading funds, founders, and operators.