Allied Home Mortgage Capital Corporation has announced that it is opening a new home loan branch office in Toms River, N.J., one of the fastest growing cities in the state. The new Allied Home Mortgage office will be operated by Branch Manager Dan Palumbo.
“I’m very proud to welcome Dan back to Allied Home Mortgage,” said Jim Hodge, chief executive officer of Allied Home Mortgage. “He enjoyed a long successful career with Allied before leaving to pursue other opportunities. He has proven himself to be a tremendous leader and one of the most knowledgeable mortgage professionals in the industry. Having him rejoin Allied as a Branch Manager in this fast growing market will be a tremendous benefit to both our company and our customers.”
Palumbo has more than 25 years experience in the mortgage lending industry, including a previous 10-year career as a branch manager and state manager for Allied Home Mortgage. Palumbo holds an individual residential mortgage lender license in New Jersey and specializes in reverse mortgage loans. He also has considerable expertise in conventional, FHA, VA and rural development lending. In addition, Palumbo authored and has sold more than 1,000 copies of Mortgage Loan Officer Manual, a 200-plus page manual offering instruction about how to properly conduct business as a mortgage loan officer.
For more information, visit www.alliedhome.com.