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1st Alliance Lending LLC has named Rick Cardillo as its national director of business development. Cardillo is a nationally recognized, mortgage banking executive with over 27 years of mortgage and consumer banking experience. He has held senior positions at Nationstar, CitiFinancial Mortgage, Bank of America and Morgan Stanley Credit Services. In his new role, Cardillo will lead 1st Alliance Lending’s multi-channel national lending program, including developing relationships with mortgage bankers, brokers, credit unions, community banks and real estate agents who seek to enhance their mortgage offerings to underserved borrowers.
“1st Alliance Lending has established itself as a premiere FHA lender that is willing to go the extra mile for the underserved borrower,” said Cardillo. “The market for FHA lending programs is enormous, but very few companies are equipped to help those individuals access the credit they need to buy homes."