MortgageReverse

IFG Hires Former Urban AVP, Targets Aggressive Reverse Mortgage Growth

IFG Mortgage Corp. announced today that it has hired former Urban Financial Assistant Vice President of sales Jason Eichmiller to bolster the company’s strategic retail expansion. The Newtown, Pennsylvania-based lender has a small team dedicated to growth in the reverse mortgage space and says the hire will help boost its presence in the market.

“We hire people for their competencies as well as attitude and ability to mesh with our existing team,” Ben Stucker, director of senior lending told RMD. “Jason has the experience and competencies to interact with clients and add value within the group.”

The company, listed on Inc. magazine’s top 5,000 fastest growing private companies in America for the past two years, is planning for aggressive, yet steady growth in the reverse mortgage space, Stucker said.

“We are growing as part of our overall strategic plans and we feel there’s value to developing a brand regionally and then expanding from there. We have aggressive growth plans over the next six to 12 months with the goal of getting the message out,” Stucker said. “Our plan is to continue to move up in the endorsement rankings.”

In his role at Urban, Eichmiller oversaw the company’s retail lending branch. Prior to that, he was a reverse mortgage loan originator for Guardian First Funding, which was later acquired by Urban Financial under the direction of its parent company Knight Capital Group (NYSE: KCG). 

Written by Elizabeth Ecker

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