Sierra Pacific Mortgage Welcomes Rick Roque To Its Ranks

The Folsom, California-based Sierra Pacific Mortgage, Inc. (SPM) recently welcomed a new Executive Vice President of Retail Growth and Strategy.

Rick Roque brings more than two decades of experience in the mortgage industry to the company. In this new position he will focus on growing SPM in every major U.S. market by attracting top loan officers and production teams with competitive pricing, compensation, and products. 

“With over 25 years of invaluable business development and industry expertise under his belt, we're thrilled to have him on board,” company officials said this week in their public welcome to Roque on social media.

Roque told NMP that he’s excited to help grow Sierra, a 35-year-old independent mortgage bank (IMB) with a 50-state licensing footprint and “one of the largest balance sheets in the United States for a mortgage company.”

“Many of the top IMBs are overly saturated in markets across the US,” he pointed out. “We want top producers to have a seat at the table, to lead and to work with one of the strongest brands in the U.S. to influence policy and procedure, to make us the most competitive mortgage company in the U.S.”

Roque went on to praise leaders at SPM, including newly appointed President Jay Promisco.

“Jay has successfully led Sierra over the last seven years and prior, had an excellent career at Stearns, another historic and incredible company in our industry. To partner with Jay and founder Jim Coffrini is a great privilege and opportunity. There is another heavy weight lender that has entered the ring, to compete aggressively for top production talent in the industry.”

Roque is based in Boston, where he resides with his six children.