Sierra Pacific Mortgage has appointed Jeff Lochmandy as its vice president and divisional sales director for third party originations (TPO) to help lead the company's growth initiatives in the central and eastern United States.
In addition to heading the Sierra's TPO growth initiatives, Lochmandy will help fuel the mortgage lender's strategy and expansion into new markets and grow market share within its existing footprint.
Lochmandy, who has more than 30 years of mortgage industry experience, came to Sierra from HomePoint Financial, where he served as managing director. Before that, he spent seven years at HomePoint's predecessor organization, Stonegate Mortgage. Lochmandy has also held various regional and national sales leadership roles at other mortgage firms.
"I am energized by the opportunity to provide Sierra Pacific with both the know-how and momentum they're seeking to become dominant in the Wholesale Lending Channel," Lochmandy said. "The company is exceptionally positioned to achieve its goals, and I'm glad to be part of that."