Sierra Pacific Mortgage Launches Builder Division

For Immediate Release:

Folsom, CA – Sierra Pacific Mortgage Company, Inc., one of the nation’s top private independent mortgage lenders serving Retail, Wholesale and Correspondent channels, has announced the company’s launch of their new Builder Division which will be focused on providing mortgage services for homebuilders, across the nation.

Sierra Pacific has been serving homebuilders for more than 30-years. The launch of this division allows the organization to accelerate growth on a national level by providing builder focused mortgage solutions to the home building community.  “By having a dedicated builder team, and combining innovative technology, a robust product suite, and builder specific fulfillment processes, we will be able to serve the needs of our homebuyers and homebuilders for years to come.  Our process is not just different, it’s better,” says Jay Promisco, Senior Vice President of Retail Production.

With the emerging builder division, Sierra Pacific Mortgage hired two industry veterans to specifically support the new home construction teams; Diane Cimarusti-Galigher and Christopher MacNaughton.

Diane Cimarusti-GaligherMs. Cimarusti joined Sierra Pacific Mortgage with more than 30 years in the industry. Most recently she was the Senior Vice President at BD Holdings and prior to that, she was the Senior Vice President – National Builder Division at Guaranteed Rate and Regional Manager at DHI Mortgage.  Now, at Sierra Pacific Mortgage, Diane is taking on the role of Regional Builder Manager and will oversee builder accounts and in Southern California. On how she plans to approach her new role at Sierra Pacific Mortgage Diane said, “Our committed builder team will help our construction partners capture and close more sales.”

Christopher MacNaughton comes to the company with nearly two decades of mortgage Christopher MacNaughtonlending expertise, having personally closed over 2,000 builder loans. Prior to Sierra Pacific Mortgage, he was the Regional Builder and Business Development Manager at New American Funding. As a new Regional Builder Manager, he will oversee builder accounts in Northern California. “I am excited to join Sierra Pacific and lead a builder centric team. Supporting relationships with our builder partners is going to be a rewarding experience,” said Christopher.

Additionally, Mike Seeley, a Builder Branch Manager, who was formally the West Coast Builder Manager for Guaranteed Rate, and Regional Manager for DHI, is currently working with several builders and generating partnerships. He brings a wealth of experience concentrated on finding mortgage solutions for new home buyers.

Finally, supporting the company’s builder efforts, the company is happy to have Chip Brown, a Business Development Manager focused on the east coast. Chip Brown has been fostering relationships with homebuilders along the east coast for over 25 years.   Mr. Brown, who had been a past president of Raleigh Mortgage Bankers Association, is known for his new construction expertise, leadership and training events throughout North Carolina.

The company looks forward to the contributions of the new talent and is proud to be a leader in the homebuilding space.

About Sierra Pacific Mortgage:

Sierra Pacific Mortgage Company, Inc. is a leading national independent mortgage lending company, based in Folsom, CA and serving the retail, wholesale and correspondent mortgage banking markets in 48 states through 7 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 branch, every day.

For more information or to contact Sierra Pacific Mortgage, call (916) 932-1700. Please send all correspondence to Sierra Pacific Mortgage, 1180 Iron Point Road, Suite 200, Folsom, CA 95630. www.sierrapacificmortgage.com  NMLS 1788. Equal housing lender.