Hamden Economic & Community Development
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Dale Kroop, Director
Economic Development and Neighborhood Revitalization
2750 Dixwell Ave.
Hamden, CT, 06518
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call (203) 287-7030
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United Investment Bankers Move to Hamden

8/3/2009

Investment Bank Refuses to Fold to the Economic Crisis

The Town of Hamden is pleased to announce that United Investment Bankers, LLC, formerly Capital Mortgage, has moved to Hamden. The bank, which is located at 3013 Dixwell Avenue, has been successful for over twenty years due to its customer first philosophy. “I formed Capital Mortgage over twenty years ago with the sole purpose of helping people with buying and refinancing their homes” Steven Kroop, President and Managing Member of United Investment Bankers said. “There will always be a need for an alternative source of financing for people in place of the bank, and that is why we are here. We moved back to Hamden, that’s where we started and that where we like to be. We process all types of building financing needs, commercial and residential.  We do the standard loans, the government FHA, VA loans, commercial loans, land and construction loans. We specialize in FHA loans, allowing first time home buyers to get into a house with low or no money down, the deposit can be as low as 3.5% of the purchase price or we can use a gift.”

The fact that new, smaller banks are forming in Hamden could be a silver lining in the recent economic storm “The financial cluster has always been an important part of the fabric of our community because the residential real estate market is always steady. Companies like United Investment Bankers can play an important role in future residential and commercial transactions,” stated Dale Kroop, the Director of Economic and Community Development for the Town of Hamden.

If you are interested in moving your business to Hamden, or in starting a new business in Hamden, contact Dale Kroop at 203-287-7033 or by e-mail at dkroop@hamden.com. You can visit the Town of Hamden’s Economic and Community Development Department on the web at www.hamden-ct.com.

For more information about United Investment Bankers, LLC call (203) 288-9900 or visit them on the web at www.mikemineo.net.


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