Mortgage industry veteran John Cady has joined Citywide Home Loans, a national mortgage lender powered by the financial stability and innovative technology of Guaranteed Rate Companies, as president.
Cady has more than 35 years of experience in the mortgage industry, having grown both regional and national platforms in excess of $15 billion in yearly production.
As a producer during the first 20 years of his career, he personally closed over 6,500 loans for over $2 billion in volume.
He has extensive experience in building and managing all channels of mortgage production and operations, including retail, wholesale, joint venture, credit union, consumer direct and recruiting.
In his new role with Citywide Home Loans, Cady will be charged with continuing the firm’s national growth as well as maintaining the dynamic, entrepreneurial spirit for which the brand has come to be known.
“I’m incredibly pleased to be joining Citywide Home Loans,” Cady says in a release. “The company is the perfect mix of culture, service and programs that many mortgage professionals have been looking for. I believe we’re in position to pick up market share throughout the country.”
Citywide’s Charter Branch Model was designed for collaborative leaders who are hungry to grow and feel a part of something bigger. Branch and regional lenders tend to work with large companies to leverage marketing and operational support, plus lead generation – but soon find themselves buried in red tape, restricted in what they can and cannot do, and conforming to an uninspiring brand all while losing lots of take home due to unknown fees and constantly changing rules.