Folsom, CA, Oct. 03, 2017 -- Sierra Pacific Mortgage, one of the nation’s top ten private mortgage lenders, is pleased to announce that after a national search, Jay Promisco has joined the company as the Senior Vice President of Retail Lending. Based out of the corporate office in Folsom, CA, Mr. Promisco will oversee the 100+ retail branch network, including more than 500 team members.
|
||||||||
Specifically, Mr. Promisco will have oversight of the strategic direction, business development, and market expansion in the retail platform for the company as it continues to grow its nationwide presence.
With 17 years of experience in the financial industry, Jay is a retail leader who has extensive experience running and resourcing retail mortgage banking enterprises. Most recently, he was the Executive Vice President of Joint Ventures for Stearns Lending. His retail mortgage expertise includes business leadership, builder business, portfolio retention, operations, compliance and capital markets, as well as creating onboarding programs and recruiting platforms, overseeing technology implementations, and running joint ventures.
“I am truly excited to join Sierra Pacific Mortgage,” Jay said. “The company’s reputation within the industry and its commitment to its clients and employees is bar none. I can’t wait to lead Sierra Pacific Mortgage’s retail initiatives to further success.”
On Jay joining Sierra Pacific Mortgage, Executive Vice President Chuck Iverson said, “When searching for a leader to fill this role, we knew we needed someone who had both the leadership skills and the mortgage banking business acumen to continue to build the strength of our organization. Jay fits our company’s culture based on his work ethic, integrity and knowledge. We are happy to have him join the team, and look forward to his success!”
Sierra Pacific Mortgage is excited to have Jay join the team and looks forward to his leadership and enthusiasm for the company as we continue to grow and strengthen our retail division!
With more than 30 years in business, Sierra Pacific is continuously focused on adding experienced team members across the country! If you are looking for an opportunity at Sierra Pacific Mortgage, please visit www.joinsierrapacificmortgage.com.
Attachments:
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/a7fc35d1-1d2a-46b2-8d7e-e4ecb4c030cb
Attachments:
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/81c2bc4a-3889-4b24-919f-81dde1fe4217
Christina Long Sierra Pacific Mortgage, Company Inc. 916-932-1711 [email protected]


Bendigo and Adelaide Bank Posts Strong Q3 Earnings, Announces AI-Driven Job Cuts
China Vanke Seeks Bond Extension Amid Mounting Debt Crisis
Chinese Brands Are Taking Over Brazil — And It's Just Getting Started
TSMC Posts Strong Q1 2025 Revenue, Riding AI Chip Demand Wave
OpenAI Addresses Security Vulnerability in macOS App Certification Process
Pony.ai, Uber, and Verne Launch Europe's First Commercial Robotaxi Service in Zagreb
Disney Plans to Cut 1,000 Jobs Amid Ongoing Restructuring Efforts
Pilots Fear Retaliation for Refusing Middle East Flights Amid Ongoing Conflict
Goldman Sachs, ANZ Cut Oil Forecasts Amid U.S.-Iran Ceasefire Hopes
Tokyo Electric Power Attracts Major Investors Amid Billion-Dollar Restructuring Push
FedEx Pilots and Union Reach Tentative Agreement on 40% Pay Increase
Chinese Cars in Europe: Consumer Trust Is Shifting Fast
Bill Ackman Eyes New Fund to Bet Against Market Complacency
Anthropic Fights Pentagon Blacklisting in Dual Federal Court Battles
Bank of America Identifies Top Asia-Pacific Semiconductor Stocks Poised for AI-Driven Growth
MATCH Act: How New U.S. Chip Legislation Could Freeze China's Semiconductor Ambitions
Lumentum Holdings Rides AI Wave With Order Book Filled Through 2028 



