Wells Fargo and New American Funding top the list of companies with the most originators honored
San Diego, CA – June 14, 2018 – The National Association of Hispanic Real Estate Professionals (NAHREP®), in association with RADIAN®, released its fourth annual Top 250 Latino Mortgage Originators Report recognizing the top producing Latino mortgage professionals across the United States. The report ranks individual originators based on both number and dollar volume of transactions. For the fourth consecutive year, Wells Fargo led the way as the company with the most honorees, followed by New American Funding and Equity Prime Mortgage.
The Hispanic homeownership rate has increased for three consecutive years and access to affordable mortgage credit is essential for those gains to continue. While technology is improving the mortgage process, getting a mortgage remains one of the most stressful and complicated transactions most people encounter in a lifetime. A skillful mortgage originator can sometimes be the difference between a successful purchase transaction and a painful experience. NAHREP salutes the men and women among the Top 250 Latino Mortgage Originators for their hard work and contributions in assisting thousands of individuals to realize their dream of homeownership.
“There is always a highly skilled mortgage originator behind the most successful real estate agents in the industry,” said Daisy Lopez-Cid, NAHREP President. “The superstars in the NAHREP Top 250 are some of the best mortgage originators you’ll find anywhere in the nation.”
The Top 250 Latino Mortgage Originators Report was compiled through a self-nomination process reflecting total transactions closed during the 2017 calendar year, then validated by NAHREP through the nominees’ respective companies. The report represents over $7.39 billion in combined sales volume in 2017.
The 2018 Top 10 Latino Mortgage Originators in the U.S. are:
- Elizabeth Hoeffer Irvine, Guild Mortgage, AZ
- Alex Varela, PrimeLending, TX
- Norma Guerrero-Cowes, DHI Mortgage, TX
- Jorge Montoya, Guild Mortgage, NV
- Carlos Larrazabal, Sandy Spring Bank, VA
- David A. Medrano, University Federal Credit Union, TX
- Armando SanMiguel, Ameris Bank, TN
- Alfredo Madrid, Supreme Lending, OK
- Manuel Corral, Golden Empire Mortgage, CA
- Claudia Reyes, HomeSource Mortgage, TX
Among non-depositories, New American Funding topped the list with 39 originators, followed by Equity Prime Mortgage with 12. The overall Top 250 report included representation from 62 companies across 26 states. While mortgage professionals are generally considered to be an aging demographic, only 7.3 percent of the Top 250 Mortgage Originators are over the age of 50.
The honorees will be recognized at the 2018 NAHREP National Convention at L’ATTITUDE in San Diego in September. The convention will be preceded by the Elevate Mortgage Summit, a program designed to provide unique sales training for mortgage professionals featuring content developed for top producers. Some of the individuals on the Top Originators list will be featured at the summit.
The National Association of Hispanic Real Estate Professionals, a nonprofit 501(c) 6 trade association, is dedicated to advancing sustainable homeownership among Latinos by educating and empowering the real estate professionals who serve them. NAHREP is the premier trade organization for Hispanics and has more than 30,000 members in 48 states and 60 affiliate chapters. For more information, please visit www.NAHREP.org.