Alterra Home Loans LLC promoted Marc Hernandez to president of the company. Hernandez previously held the leadership role of executive vice president of retail lending. In his new role, Hernandez will be responsible for sales, operations, and marketing.
Hernandez joined Alterra in 2015 when he established a branch in Chicago and ultimately grew a regional presence for the company. He later moved into a divisional leadership position overseeing Alterra's East Coast production where he was instrumental in driving results for the company. Hernandez brings with him 17 years of mortgage industry experience in both sales and operations, including roles at Countrywide, Bank of America, and Huntington Bank. He holds a Bachelor of Science in Information Systems from the University of Notre Dame.
“Marc's a by-product of our culture and a prime example of our commitment to professional growth and grooming our leaders so they can be promoted from within. He knows the mortgage business well, but more importantly, he knows the people side of the business and excels at working well with a wide range of personalities,” said former president and co-founder Jason Madiedo. “In an industry that's constantly changing, Marc has an incredible ability to articulate his vision, set the direction for the company and execute. A successful leader needs to be very curious about what needs to change, and Marc is always challenging the status quo and questioning what we as an industry and company can do better. I also love that we were able to grow another Latino leader into our industry. I'm proud of that.”
“Alterra has a strong, client-focused foundation and truly outstanding culture where driven professionals thrive. I'm eager to help the company reach the next level of success and growth by enhancing our product offering, investing in our technology platform, and inspiring our team of top-tier talent,” said Hernandez. “My goal is to build a best-in-class operations platform and explore strategic opportunities that will enable Alterra to better serve our clients and be part of a larger national conversation among independent mortgage bankers.”
