Equity Loans LLC announced the additions of David Carr as corporate processing manager and Teresa Ciccolella as controller; and the promotion of Alison Raymond to assistant vice president of Operations. Equity Loans has experienced remarkable growth in the past two years, opening 17 new offices in 2012 and four new offices in the first quarter of 2013. Additionally, the lender recently expanded its Atlanta headquarters last year to support its growth, adding 4,985-square feet of office space.
Carr joins the company as corporate processing manager, bringing more than 14 years of loan processing experience to the Equity Loans team. Previously, Carr held positions with several brokers and wholesale and retail lenders including Churchill Mortgage, Crescent Mortgage/Carolina Financial and CBC National Bank.
As Equity Loans’ newest controller, Ciccolella will serve the lender’s Atlanta branch. A licensed certified public accountant (CPA) with more than 10 years of industry experience, Ciccolella brings expertise in financial modeling and accounting, having previously worked for Hamilton State Bank, Community & Southern Bank and PricewaterhouseCoopers.
In her new role of assistant vice president of Operations, Raymond will manage Equity Loans’ post-closing and closing departments. Prior to joining Equity Loans, Raymond held various positions with Wells Fargo and The Brand Banking Company.
“As we continue to grow and expand our footprint, Equity Loans remains committed to recruiting the most talented individuals to join our team,” said Kunjan “KP” Patel, CEO of Equity Loans. “I am confident that this group of experienced professionals will be an excellent addition and successfully support Equity Loans’ operations and ongoing growth.”