NEWPORT, R.I.--(BUSINESS WIRE)--Embrace Home Loans, a prominent leader in the mortgage industry, announced today that 27-year industry veteran Paul Laprade has joined as its newest Northeast regional executive. Laprade will be responsible for the management and achievement of all mortgage lending sales objectives across the New England States of Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont.
While the industry steadily improves, Embrace is continuing with aggressive expansion efforts throughout the east coast. Since June, the lender has added former Lenders One CEO Jeff McGuiness, former ServiceLink sales executive John McGinty, and 21-year industry veteran John Costa. In addition to Laprade, Embrace aims to continue to recruit the industry’s top talent and is positioned competitively to do so.
“Embrace Home Loans is one of the nation's leading and fastest-growing full-service direct mortgage lenders,” said Kurt Noyce, president of Embrace Home Loans. “We began with big ambitions and we continue on that same path as we look to expand. One of our primary goals is to create an environment where the best and brightest talent sees mortgage banking as an elite and exciting career choice. Building on that commitment, we’ve added several very strong industry veterans who I believe will help us forge ahead and deliver exceptional service.”
The national lender is focused on delivering mortgage products in an innovative, modern way that appeals to each market segment – not just Millennials who are still facing challenges. Embrace is dedicated to exceptional training to ensure loan officers and branch managers have a solid understanding of new technology and emerging regulations. Embrace prides itself on providing creative marketing tools to empower staff and equip them with what they need to be successful. Furthermore, its unique processes like Quick Close7™ and Approved to Move™ ensure borrowers close on loans within seven business days, resulting in high customer satisfaction ratings.
“Embrace Home Loans continues to be an industry leader because of their honesty, integrity and their 100 percent commitment to borrowers,” said Laprade. “Embrace has a proven track record of putting the customer first and I’m excited to be a part of that.”
Prior to joining Embrace, Laprade was first vice president of Home Lending Sales at Berkshire Bank. He was also vice president of TD Bank, overseeing the bank’s mortgage, home equity and non real estate direct channel sales.
“Trulia recently reported that in the largest 100 markets in the nation, owning a home is still cheaper than renting by nearly 40 percent,” said Jeff McGuiness, chief sales officer for Embrace Home Loans. “This, coupled with an improving economy and job market, has created optimism for the mortgage industry. For Embrace, we see this as an ideal opportunity to grow and even expand into other communities. We’re pleased to have Paul join our team and look forward to his industry knowledge and experience to support our initiatives.”
About Embrace Home Loans
Founded in 1983, Embrace Home Loans is a direct lender for Fannie Mae and Freddie Mac, approved by FHA and VA, and an issuer for Ginnie Mae. Embrace Home Loans has remained a prominent leader in the industry, having helped hundreds of thousands of individuals and their families purchase new homes, lower their monthly payments and consolidate high-interest debt since its inception. Operating 40+ offices across 46 states, Embrace has been recognized seven times as one of the Best Medium-sized Companies to Work for in America by Fortune, four times as one of the Fastest Growing Companies in America by Inc., and recognized as the Most Community Involved Company in Rhode Island by Providence Business News. For more information, please visit www.embracehomeloans.com.
