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Summit Funding Appoints Non-QM Leader

Associate Editor
Feb 07, 2024

Thomas Yoon brings decades of experience to California company

Summit Funding is looking to redefine Non-QM lending, starting with the appointment of Thomas Yoon in a new leadership role.

The Sacramento-based mortgage company announced that Yoon has been appointed head of Lead+ Wholesale Lending in its Non-QM division. Under Yoon’s direction, the division will introduce a new broker development program, employing advanced marketing and sales strategies to enhance their pipelines and market presence within Non-QM, company officials said. 

“Thomas isn’t just an industry veteran; he’s a visionary,” Summit Funding Founder and CEO Todd Scrima said in a statement. “His approach to Non-QM lending aligns perfectly with our values, emphasizing not only the importance of exceptional lending solutions but also the growth and success of our partners.” 

Yoon

Yoon will be accompanied in this venture by a team of colleagues with expertise in the Non-QM lending sector. Company officials said their collective experience, particularly in nuanced underwriting practices, “promises mortgage brokers a level of support and understanding unmatched in the industry.”

Yoon, whose LinkedIn profile lists him as president of EQA Mortgage and Brokers Advantage Mortgage, also spent eight years in various leadership roles at Excelerate Capital. 

“It’s not just about offering Non-QM loans; it's about providing a foundation for brokers to confidently navigate this complex market,” Yoon said. “Our team’s depth of experience ensures that every loan we handle is approached with the insight and precision it deserves. Our commitment extends beyond transactions. We’re here to build a community of highly skilled, knowledgeable brokers who are equipped to meet the evolving needs of today’s diverse borrowers.”

About the author
Associate Editor
Erica Drzewiecki is an associate editor at NMP.
Published
Feb 07, 2024
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