CMG Home Loans welcomes broker-owner to leadership team

Capstone Direct Mortgage founder joins the CMG's California team

CMG Home Loans welcomes broker-owner to leadership team

CMG Home Loans, a subsidiary of wholesale lender CMG Financial, has welcomed industry veteran Michael Wise (pictured) to its leadership team in California as area sales manager.

Wise brings three decades of experience to CMG, 20 years of which he spent at Capstone Direct Mortgage Financing. Wise founded Capstone in 2007 and led the company until July 2023.

"I have managed each aspect of the company, from originating loans to selling them to investors to payroll," Wise said. "I have learned each aspect of what needs to be done to make a mortgage company run."

Read more: Homebridge sells retail division to CMG Financial

"As the former owner and CEO of Capstone Direct, Mike brings years of experience and high performance in mortgage banking that support our expansion of the CMG brand," CMG Home Loans SVP Rose Marie David said in a release. "One meeting with Mike instantly reveals his character and integrity that set him apart. His team is a shining star known throughout the industry for their level of expertise, professionalism, and excellent execution. We feel an incredible alignment of values and are so fortunate to have them join our CMG family."

"I can't contain my excitement about joining the CMG Home Loans team," Wise added. "The company's core values center around prioritizing the customer above all else truly reflects their commitment. Another thing that sets CMG apart is their innovation."

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