Lower names new chief strategy officer

Former CrossCountry Mortgage chief production officer jumps ship

Lower names new chief strategy officer

Lower, a mortgage technology company, has appointed Craig Montgomery (pictured) as its new chief strategy officer.

Montgomery, a 27-year industry veteran, will be responsible for overseeing retail strategy and expanding the company’s technology-driven platform.

“Craig is a builder, and a strategic one at that,” Lower CEO Dan Snyder said in a media release. “When we talked about our vision for Lower, our aim to be top five, and how we plan to build the future of mortgage with an online and offline approach, his eyes lit up. Getting someone with his experience and proven track record is a big win for the company.”

Montgomery joined lower from CrossCountry Mortgage, where he spent more than 11 years. During his tenure at CrossCountry, he served as director of branch operations from 2013 to 2017 and, most recently, as chief production officer. Earlier in his career, Montgomery was a branch operations manager at Nations Lending.

“Lower offers an exceptional team driven by entrepreneurial spirit, supported by strong institutional backing from Accel, Veritex, and SoFi. Couple that with a strong balance sheet and appetite to win, and I couldn’t be more excited to get to work,” Montgomery said. “Every experience in my career has prepared me for this opportunity, and I’m excited for what this chapter will bring. My time at CrossCountry Mortgage showed me what’s possible.”

“The sky is the limit with our team and platform,” said Selene Kellam, Lower’s chief operating officer. “Our goal isn’t to be the biggest, it’s to be the best, and if we do our jobs the rest will take care of itself. Lower’s growth trajectory has already demonstrated we are the future of home lending. Craig joining our experienced and diverse leadership team is only going to accelerate that success. We’re excited to partner with an industry professional as experienced and capable as him as he helps shape our growth in a way many others can’t.”

Stay updated with the freshest mortgage news. Get exclusive interviews, breaking news, and industry events in your inbox, and always be the first to know by subscribing to our FREE daily newsletter.