American Way Mortgage Co. has opened an office at 2037 Independence in Cape Girardeau.
The new company, which provides home and home-improvement loans, is the first American Way facility in Missouri.
"We specialize in seeking credit for those who have had problems obtaining credit," said Paul F. House Sr., president of the local office.
The local branch, said House, is family owned and operated. House's wife, Charolette House, is chief financial officer, and a daughter, Shannon Rose House, is vice president.
A.A. Bada, executive vice president, visited the new branch last week.
American Way is headquartered in Memphis, Tenn.
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