Ravi Patel, a high mortgage officer and former senior vp of mortgage lending at Assured Fee, and his workforce, have moved to UMortgage, based on an announcement issued on Monday.
“Winners on this business need to be a part of our platform as a result of we’re figuring out the acute ache factors of mortgage originators of various backgrounds—whether or not that be a retail store or their very own brokerage—and offering value-based options,” UMortgage President and CEO Anthony Casa.
Patel will function the managing companion at UMortgage. His workforce consists of David Behymer, Tony Piper, and Sydney Wallace.
“The mindset of these at UMortgage is what actually satisfied me to affix the platform,” Patel mentioned in a ready assertion. “They’re at present a beacon of sunshine in a mortgage business that’s been dim for the final couple years.”
Whereas at Assured Fee, Patel and his workforce closed greater than 250 loans in 2022 and elevated the acquisition quantity by 20% from 2021.
“I’m extremely excited to proceed to develop my workforce and companion with Justin Allen and Shane Faherty,” Patel mentioned. “Collectively, we’re going to proceed to create a greater mortgage expertise for our shoppers and referral companions.”
Previous to becoming a member of UMortgage, Patel served as a mortgage guide at Mortgage Buyers Group, and a department supervisor and mortgage guide at Choice Monetary.
UMortgage entered 2023 with about 300 mortgage originators on its roster and greater than a 1,500% development enhance because the starting of 2022, based on the corporate. In 2022, UMortgage appointed high mortgage dealer Todd Bitter as its chief gross sales officer, acquired Dallas-based NXT Mortgage, and employed top-producing brokers Breon Value and Chad Curtin.
