Maverick Funding Corp. has named reverse mortgage origination expert Cecilia Delgado as wholesale account executive for its Reverse Mortgage Network western region. She has been charged with expanding the Maverick Funding third-party originator (TPO) network throughout the west coast.
During her 24 years’ mortgage experience, including 10 with HUD’s Home Equity Conversion Mortgage (HECM) program created to allow seniors to age in their own home, Delgado has served as loan originator, broker/owner, and now in the wholesale channel. In her previous roles, she worked with HighTech Lending, Cherry Creek Mortgage Company and Security One Lending.
“Cecilia Delgado is the kind of mortgage professional whose track record and values are a good fit with the Maverick Funding culture,” said Josh Shein, executive vice president of Reverse Mortgage Network, the reverse division of Maverick Funding. “She is very knowledgeable and experienced, and her human skills and emotional intelligence allow Cecilia to be effective with lenders who may be new to the HECM product.”
Although the HECM program has been in place since 1985, Delgado noticed a lack of high-level experience in some areas and committed herself to developing a thoughtful, more humanistic approach to training that would bring value to borrowers.
“The HECM reverse mortgage is a potent financial tool when properly understood and applied,” said Delgado. “That’s why training is my passion, both to benefit the borrower and to ensure the success of lenders that care enough to offer the option.”