Sherman Oaks-based No Red Tape Mortgage is doubling its sales staff in a bid to reach brokers nationwide, the company said. The wholesale lender looks to provide large loans to brokers on short notice. It funded $3 billion in loans in 2005, 60 percent more than the volume funded in 2004. “Our expansion plans are ongoing, as we recognize that it’s crucial we consistently build upon our relationships, and adding to our already stellar sales team will enable us to do just that,” said president and founder Blake Scheifele in a statement.
