Back to Press Releases
PATRICK PALMER JOINS RPM MORTGAGE, INC.
RPM Mortgage, Inc. (RPM) is proud and excited to announce that Patrick Palmer has joined the RPM family. Palmer is now officially RPM’s President of the Pacific Northwest Division and will be expanding RPM into new territories.
Palmer will work closely with RPM’s CEO, Rob Hirt, who is honored to have Palmer on board to help RPM grow its mortgage footprint.
“I am extremely pleased to have Patrick Palmer as RPM’s Pacific Northwest President and introduce the RPM family to the many relationships that he has fostered over the years,” said Hirt. “What makes Patrick such a perfect fit for the RPM family is his penchant for retail mortgage banking. Having started as a Loan Agent, Branch Manager and finally as an Owner of a mortgage bank, he is uniquely qualified for this position.”
As President of the Pacific Northwest Division, Palmer will be guiding RPM into Oregon and Washington, which is where Palmer has worked the majority of his mortgage career. This region has been heavily sought after for some time now and finally has the direction needed to launch a successful expansion into the area. This region will partner nicely with RPM’s already well-developed presence throughout California and will open many doors of opportunity for mortgage banking.
Palmer will be leading the Pacific Northwest initiative and will be in charge of launching the regional operations center which will be located in Portland, Oregon. In addition to overseeing operations for the area, he will also be recruiting and growing the retail lending platform.
Palmer decided to join forces with RPM and help bring the company into the Pacific Northwest region based on the loan agent-centric platform already established.
"I was looking for a company that was the industry leader in technology and automation, built specifically for the loan originator,” said Palmer. “RPM was the first retail lender I have found with fully integrated origination and back end systems required to support today's top producing loan originators. As a retail originator, owner and operator, I was very concerned about finding a company that was originator centric. I have found that home at RPM. I am extremely excited to work with and learn from Rob, Tracey, and the entire RPM team."
With the addition of the Pacific Northwest Division, RPM plans to add many top-notch loan agents to its sales force and boost production numbers for 2012. Closing originations for 2011 were $4.4 billion, and with the anticipated growth for 2012, production numbers are expected to increase substantially.
Palmer looks forward to expanding RPM’s mortgage platform and has a very clear perspective on what he is looking for in potential recruits.
“I will be looking for branch operators, correspondent lenders, and loan originators that are focused on the purchase market through existing relationships and referral partners with the real estate, professional, and financial services communities,” said Palmer. “We want to become the best platform in the Pacific Northwest for branch operators to partner with.”
Palmer has 17 years of experience in the mortgage banking industry and was most recently employed by Pinnacle Capital Mortgage. He now looks forward to bringing his expertise to RPM and plans to continue relationships that he has already developed in the area and introduce them to the RPM mortgage platform.
Palmer’s mortgage banking career began in the mid 1990’s in Oregon. He has worked and lived there ever since and now resides in West Linn, Oregon with his wife, Amy and daughters, Payton and Morgan. Patrick enjoys golfing, cycling and wine tasting in his spare time.
RPM Mortgage, Inc. is based in Walnut Creek and is a private, family-owned mortgage banker and broker whose roots in the Bay Area stem back to 1986. RPM has over 60 branches in California, Nevada, New Jersey, Texas, Colorado and Connecticut and over 700 loan agents and employees. RPM Mortgage is a retail only lender and a direct seller and servicer of Fannie Mae loans. In 2011, RPM closed over $4.4 billion in originations, with 33 percent of the originations being service-retained loans. RPM’s loan agents are specially trained to offer FHA and VA loan programs to their customers. They work with borrowers, realtors, CPA’s, financial planners, attorneys and financial consultants to provide home buyers and owners with the best financial solutions in the market today.
###
For more information, please contact Patrick Palmer by email at ppalmer@rpm-mtg.com or by phone at 503-318-6414.
