Foundation Financial Group
| Company type | Private |
|---|---|
| Industry | Financial services |
| Founded | 2004 |
| Defunct | 2014 |
| Headquarters | Atlanta, Georgia , United States |
Area served | United States (licensed in over 39 states) |
| Products | Residential mortgage lending, refinancing, property and casualty insurance, life insurance, retirement planning |
Foundation Financial Group operated as a U.S.-based financial services firm with key regional offices located in Atlanta, Fort Worth, Jacksonville, Raleigh, N.C., Rochester, New York, and Savannah, Ga.. Additionally, it maintained branch locations in Wichita, KS, St. Paul, MN, Indianapolis, IN, Greenwood, IN, Kansas City, MO, and Dayton, OH. The company held mortgage lending authorizations across more than 39 states and was recognized as a major employer in both Atlanta and Jacksonville.
History
The inception of Foundation Financial Group’s regional hub in Atlanta, Georgia occurred in 2004, with a subsequent establishment of a second center in Jacksonville within the same year. From 2005 through 2011, the organization expanded its licensing footprint to exceed 39 states and launched numerous retail branches.
During this period, the company originated loans exceeding $4 billion and achieved a 14% growth rate in 2011, outperforming many competitors amid a contracting industry environment. While the leading 10 mortgage lenders in the U.S. experienced a near 21% decline in loan originations, Foundation Financial Group recorded a revenue increase of 34.55% since 2009.
In 2012, the firm collaborated with the national nonprofit organization Susan G. Komen for the Cure, contributing donations for breast cancer research tied to each tax return prepared throughout that year.
Operations were discontinued around 2014.
Services
Within the United States, Foundation Financial Group specialized in residential mortgage lending and refinancing. The company also offered property and casualty insurance products covering home and auto policies, alongside life insurance and retirement planning services.