Timeline

ALCOVA Timeline

ALCOVA values sincerity, tenacity and agility

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.