
ALCOVA Timeline

ALCOVA Mortgage Founded
Friends Rob Lindstrom, Bobby Nicely and Billy Siple start ALCOVA.
First Branch Opens
First branch opened in Blacksburg, VA.
ALCOVA Serves Maryland
ALCOVA Serves West Virginia
Financial Crisis/Great Recession
While many of our contemporaries were closing, ALCOVA thrived! We weathered one of the largest financial downturns in American history only to expand and grow stronger.
ALCOVA Serves Tennessee
ALCOVA Serves DC
Hometown Heroes Begins
ALCOVA launches its Hometown Heroes program, rewarding Veterans who continue to serve their communities.
ALCOVA Serves Georgia
ALCOVA Serves Florida
Ellie Mae Hall of Fame
ALCOVA was inducted into the EllieMae Hall of Fame for its Exceptional Achievement in Business Growth.
ALCOVA Serves Kentucky
ALCOVA Rebrands
ALCOVA updates its logo and unveils a bright bold look to reflect its unique position in the industry.
ALCOVA Serves Colorado

First Employees Hired
These initial employees are still working at ALCOVA today.
First NC Branch Opens
Corporate office relocates to Roanoke.
Second Branch Opens
Second office opens in Covington, where founders grew up.
ALCOVA Serves North Carolina
VA Approved Direct Lender
HUD Approved Direct Lender
ALCOVA Serves South Carolina
Ranked on INC 5000
ALCOVA Mortgage made its debut at #937 on the Inc. 5000 list of fastest growing private companies in the United States and has been recognized every year since. The company’s phenomenal growth of 96% in three years propelled it into the league of such legendary superstars that gained notoriety on the prestigious list as Dell, Microsoft, LinkedIn, Pandora, Timberland, Zillow, Yelp, and Domino’s Pizza.
Charity Match Begins
ALCOVA begins offering matching funds to local branch charitable causes. Donations have surpassed $1 million.
ALCOVA Serves Alabama
Corporate Offices Move
ALCOVA Mortgage moved its corporate headquarters to the Historic Roanoke City Market. After the staff grew 42% in two years, ALCOVA relocated its corporate headquarters to a larger office building on the Historic Roanoke City Market in October 2017.