Exec will be "pivotal" in the growth of the company's TPO business
Samuel Bjelac (pictured), former CoreVest wholesale lending vice president, has joined LendingOne as the company’s new vice president of third-party originations (TPO).
LendingOne, a private lender based in Boca Raton, Fla., said Bjelac’s 20 years of industry experience will be “pivotal” in expanding its TPO channel.
“LendingOne’s TPO Channel is committed to providing mortgage brokers opportunities to increase their revenue and grow their bottom line in the DSCR market,” the company said in its press release. “Brokers will have access to fast and reliable funding, flexible loan solutions, competitive compensation and pricing, and industry experts. Our suite of loan products includes DSCR rental, fix and flip, SFR portfolio, and fix to rent.”
Bjelac came to LendingOne after four years at Sprout Mortgage, most recently as executive vice president of national sales TPO. Before Sprout, he was vice president of wholesale lending at CoreVest Finance. He also held various leadership positions at Carrington Mortgage Services, Flagstar Bank, and First Magnus Financial.
LendingOne CEO Matthew Neisser commented: “We are excited to have Mr. Bjelac join our team. His extensive experience will assist in cultivating more long-term relationships with our network of broker partners by developing our wholesale program.”
“I look forward to the opportunity to show mortgage brokers why LendingOne is approaching $4 billion in funded business purpose investment property loans,” Bjelac said. “Our transparency, flexibility, and industry expertise have created a more streamlined approach to provide mortgage professionals the access to reliable capital for their real estate investor clients.”
Want to make your inbox flourish with mortgage-focused news content? Get exclusive interviews, breaking news, industry events in your inbox, and always be the first to know by subscribing to our FREE daily newsletter.
