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Al Velasco of PrimeLending Wins HousingWire Vanguard Award

December 3, 2018

DALLAS--(BUSINESS WIRE)--Dec 3, 2018--Top ten national residential mortgage lender PrimeLending, a PlainsCapital Company, is pleased to announce that Al Velasco, EVP Western Division Manager of PrimeLending, is a recipient of the 2018 HousingWire Vanguard Award.

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Al Velasco, EVP, Western Divisional Manager, PrimeLending, winner of the 2018 HousingWire Vanguard Award. (Photo: Business Wire)

This recognition is given to executives in the housing and mortgage industry whose leadership has made a significant impact. Winners are chosen by HousingWire’s editorial board based on their accomplishments in the last 12 months in both their companies and the industry sector they represent.

Velasco has played a key leadership role in PrimeLending’s branch expansion initiative, an effort to establish new markets and strengthen the company’s footprint in areas with healthy housing economies. He is also an impactful coach and team-builder known for guiding and mentoring young leaders.

“Under Al’s direction, we’ve seen tremendous growth, particularly in our Pacific Northwest region,” said Steve Thompson, President. “His leadership and work ethic has made a powerful and lasting impact as a big-picture thinker and problem-solver within our organization, and his commitment to helping his teammates succeed exemplifies our ‘One team, one purpose’ philosophy.”

“It’s an honor to receive this recognition,” said Velasco. “PrimeLending empowers its employees to reach their full potential each and every day. We work together as one, and getting to collaborate with a talented team that values each other’s strengths is what continues to propel us toward our goals and beyond.”

With more than 20 years of experience in the mortgage industry, Velasco joined PrimeLending in 2009 as an area manager and quickly earned a promotion to SVP Midwest regional manager before moving up to his current role in 2014. Before joining PrimeLending, he served in various production leadership roles for TCF Bank Corporation, CTX Mortgage Company and Hometown Mortgage, a division of Klein Bank.

About PrimeLending

PrimeLending, a PlainsCapital Company, is a proven powerhouse in home lending, combining personal guidance and local expertise with fast service, more choices and the flexibility to meet homeowners’ unique needs. We’re a Top 10 national home lender 1 relentlessly focused on empowering our customers to boldly pursue their homeownership goals. Whether they’re looking to buy, refinance or renovate a home, the PrimeLending team works alongside our customers in all 50 states, helping them make smart home financing decisions and have a rewarding experience along the way. Delivering on this promise for more than 30 years, we’re proud to consistently earn a 96% customer satisfaction rating 2 and become homeowners’ lender for life. PrimeLending is a wholly owned subsidiary of PlainsCapital Bank, which in turn is a wholly owned subsidiary of Hilltop Holdings Inc. (NYSE: HTH). More information at PrimeLending.com. Equal Housing Lender.

1 As reported by Marketrac, powered by CoreLogic® for purchase units nationally for 2012-2017.

2 Survey administered and managed by an independent third party following loan closing. 96% satisfaction rating refers to the rating our customers give our loan officers. Our loan officers have received a 96% Customer Satisfaction Rating.

© 2018 PrimeLending, a PlainsCapital Company. (NMLS: 13649).

View source version on businesswire.com:https://www.businesswire.com/news/home/20181203005971/en/

CONTACT: Mandy Jordan

972-852-8235 |mjordan@primelending.com

KEYWORD: UNITED STATES NORTH AMERICA TEXAS

INDUSTRY KEYWORD: PROFESSIONAL SERVICES FINANCE CONSTRUCTION & PROPERTY RESIDENTIAL BUILDING & REAL ESTATE

SOURCE: PrimeLending

Copyright Business Wire 2018.

PUB: 12/03/2018 04:29 PM/DISC: 12/03/2018 04:29 PM

http://www.businesswire.com/news/home/20181203005971/en

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