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The Money Store Hires New Chief Production Officer

Aug 31, 2023
John Palmiotto The Money Store
Senior Editor

John Palmiotto has 28 years of experience in the mortgage industry.

The Money Store welcomes John Palmiotto, a seasoned industry leader, to the company's C-suite as the chief production officer.

Palmiotto joins The Money Store with a career spanning 28 years. His most recent role as the chief of retail production at Guaranteed Rate showcased his ability to manage and inspire a salesforce of over 2,000 sales professionals for nearly six-and-a-half years. Before this, he made an impact during his 11-year tenure as midstates divisional president at Prospect Mortgage.

"I'm excited to be part of The Money Store and to help build upon the success of this storied franchise. I believe many loan officers are looking for a different experience to succeed in this market, and the Money Store provides a great alternative for them," Palmiotto said.

The Money Store is a direct mortgage lender located in Florham Park, N.J., licensed in 47 states. The company offers a wide range of mortgage programs.

About the author
Senior Editor
Keith Griffin is a senior editor at NMP.
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