FOLSOM, Calif.--(BUSINESS WIRE)--Sierra Pacific Mortgage, an industry leader for Wholesale, Retail and Correspondent lending business, is pleased to announce the promotion of lending professional Jay Promisco to the new position of Chief Production Officer.
Jay joined Sierra Pacific Mortgage in 2017 as Senior Vice President of National Retail Lending. His promotion is based on his outstanding performance in growing and evolving the Retail Division and culture of Sierra Pacific while making strategic improvements throughout the organization.
In his new role – created to make use of his skills and knowledge – Jay will be responsible for managing all of Production and Marketing. This will include creating and implementing strategies for growing Sierra Pacific’s market share for all divisions: Retail, Wholesale, Consumer Direct and Correspondent.
“For over 33 years Sierra Pacific Mortgage’s success has been built upon a foundation of quality lending practices, unparalleled service, industry knowledge and integrity,” said Jay. “We pride ourselves in keeping our promises to our salespeople and customers. Sierra Pacific Mortgage is poised for significant growth in the coming years and I look forward to helping our associates, brokers and customers exceed their goals.”
Sierra Pacific’s President and CEO Jim Coffrini commented: “I am confident in Jay’s leadership and impressed by his performance since joining Sierra Pacific. I believe he will dramatically grow our market share in his new role, increasing our national presence in all Production channels.”
About Sierra Pacific Mortgage
Sierra Pacific Mortgage Company, Inc. is a leading national independent mortgage lending company, based in Folsom, California. Sierra Pacific serves the retail, wholesale and correspondent mortgage banking markets in 48 states through five regional fulfillment centers. Sierra Pacific’s mission is to deliver consistent, competitive pricing, and to provide its customers the finest experience through streamlined systems, the best industry tools, effective communication, and superior customer service with every customer, every day. To learn more, visit www.sierrapacificmortgage.com or call (916) 932-1700.