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JPMorgan Chase to hire 1,200 mortgage officers

FILE - In this May 19, 2009 file photo, an office tower known as 1 Chase Manhattan Plaza, occupied by JPMorgan Chase & Co., is shown in New York. JPMorgan Chase & Co. said Tuesday, Nov. 10, 2009, it will hire 1,200 mortgage loan officers by the end of next year, a 60 percent increase in its sales force. FILE - In this May 19, 2009 file photo, an office tower known as 1 Chase Manhattan Plaza, occupied by JPMorgan Chase & Co., is shown in New York. JPMorgan Chase & Co. said Tuesday, Nov. 10, 2009, it will hire 1,200 mortgage loan officers by the end of next year, a 60 percent increase in its sales force. (AP Photo/Mark Lennihan, file)
November 10, 2009

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ISELIN, N.J.—JPMorgan Chase says it will hire 1,200 mortgage loan officers by the end of next year, a 60 percent increase in its sales force.

The workers are needed as the company aggressively goes after new home mortgage business and customers refinancing their home loans. Through organizational changes and additional systems, the company has boosted its loan capacity, said Dave Lowman, head of home lending at Chase.

New loan officers will work at bank branches in 23 states including California, Florida and Texas, and key cities such as New York and Chicago, Boston, St. Louis and Washington.