In 2014, CrossCountry funded just over $1 billion in loans; Leonhardt expected that total to top $15 billion in 2019 and, if all goes according to plan, $20 billion is well within reach in the very near future. NO MORTGAGE SOLICITATION ACTIVITY OR LOAN APPLICATIONS FOR PROPERTIES LOCATED IN THE STATE OF NEW YORK CAN BE ACCEPTED THROUGH THIS SITE. The acquisition is the result of a thoughtful search process and extensive discussions between the leaders of the two companies. Licensing is a perfect example, he says. Or, if youre a parent who wants to get back in the work force, or want a change of career, now well have an awesome state of the art training facility.. "I can't think of a more exciting way to start 2021," said Ron Leonhardt, CrossCountry Mortgage CEO. I want to make sure that theres a good working relationship and its not just a financial transaction. ", Regarding First Choice's Mortgage Program for Costco Members, Executive Vice President Bill Schneider added, "There was an extensive review process on both sides to ensure that that Program would go forward with the high level of service required to provide the outstanding experience Costco members expect. Number of Founded Organizations 1. Stay up-to-date with local business news and networking events from Smart Business. Education: Baldwin Wallace University, sports management degree American Financial Network, Inc. (AFN) is a family owned company that focuses on values and relationships which we believe are the foundation of success. Its that philosophy that has Leonhardt thinking about another big goal for his business. John has over two decades of solid mortgage industry experience that began years prior to opening AFN in 2001. Brecksville has been great, allowing me to park across the street. Since we launched The Land in 2020, weve brought our readers independent, on-the-ground reporting that helps them become more engaged in Cleveland. We are the quintessential Cleveland story we have built this business from the ground up through hard work and a shared commitment to make the mortgage process easy, stress-free and rewarding, Leonhardt said. Now, in Northeast Ohio, we have like 650. We laid out a roadmap for success in our first meeting, and CCM never deviated from it. Feb 8, 2021. "Ron and his leadership team made this process transparent and clear. As the borrower, you want to close on time, and you want it to be pain free., The pressure to perform and keep CrossCountry on an upward trajectory provides both stress and motivation, Leonhardt says. CrossCountry Mortgage is poised for greatness in the 2020s. Four of the six New England states land in the top 10 making New England the highest net worth region in the . We are pleased that they chose to join us. ", "I'm excited to announce that my team and I joined CrossCountry Mortgage, the fastest-growing lender in the country," Durkin said. ", Regarding First Choice's Mortgage Program for Costco Members, Executive Vice President Bill Schneider added, "There was an extensive review process on both sides to ensure that that Program would go forward with the high level of service required to provide the outstanding experience Costco members expect. Gurpreet is a California licensed CPA and joined AFN in 2014. Ron Leonhardt. Sundt joined CrossCountry after more than 12 years at VIP Mortgage, where he served as a manager. The companys founder and CEO, Ronald Leonhardt, Jr., and other executives were joined by Cleveland business leaders, state and local government officials and area artists in a celebration of the citys largest new headquarters project in nearly a decade. The borrower just wants an instant loan. Under his leadership, CrossCountry has become one of the nation's largest and fastest growing retail mortgage lenders, and the largest based in Ohio. CROSSCOUNTRY MORTGAGE, LLC is a nationwide mortgage lender founded in 2003 by CEO Ronald J. Leonhardt, Jr. In this key role, Scott oversees all aspects of Secondary Marketing, manages the company pipeline and product development, and contributes to Loan Originator training and post-closing management. CrossCountry is licensed in all 50 states, with 350 locations across the country. In 2020 despite the COVID-19 pandemic it funded 4265 billion in home purchases and refinance packages. In addition to its game sponsorship, CCM is donating 500 tickets to U.S. military veterans in the Dallas . Like the tens of thousands of customers we help serve each year, we cant wait to move into our new home, located in an exciting and culturally rich neighborhood that has played a vital role in Clevelands history.. CrossCountry also is exploring whether it makes sense to build a new headquarters in Brecksville, as part of a much larger, mixed-use makeover of the former U.S. Department of Veterans Affairs campus at Brecksville and Miller roads. Ronald J. Leonhardt Jr. Find contact details for 700 million . Thats really when the company took off, because I was able to concentrate more on building the infrastructure and actually recruiting and things like that, he says. Our executive team is comprised of industry professionals with over 200 years of combined mortgage industry experience. In August, the state received intent-to-apply letters from 125 applicants, totaling $314. Alderus Mortgage 9205 West Russell Road Building 3 Suite 240, Office #201 Las Vegas, NV 89148 ; All American Mortgage Funding . When I was still closing loans, I met with almost every borrower locally, Leonhardt says. Our Mission is to be the best, most trusted, and admired mortgage lenders with unique, affordable and convenient products while maintaining a close, family-oriented culture. Right now, he is the most trending person in social media. . Weve done three acquisitions in the last year, and were about to do two more, Leonhardt says. Primary Job Title Founder and CEO. It will help us continue to attract smart, hardworking new team members who appreciate having an inspiring place to go to work every day.. In December 2020, Leonhardt announced plans for a $46 million headquarters in Clevelands historic Superior Arts District east of downtown. Four of the six New England states land in the top 10 making New England the highest net worth region in the country. 6850 Miller Rd, Brecksville, Ohio 44141, US, View A lot of times when people want to go into business or start a business, there is an uneasiness about going and doing it yourself. We had a small mom-and-pop shop, and that feel is still here today. . Not the Ron Leonhardt you were looking for? He described the sale of the Tap Packaging buildings as a win-win.. When I first got into the business, I was with UC Lending. When typing in this field, a list of search results will appear and be automatically updated as you type. My mentality was, Im just here to close loans, he says. Loans made or arranged pursuant to California Financing Law. With such lofty ambitions, we know the importance of the individuals who call CCM Find contact details for 700 million professionals. Usually they partner up for comfort, but sometimes partnerships dont work out. Leonhardt said that any development will involve restoration of the existing structures. "The addition of this group is a terrific fit for us. As CrossCountry has grown, Leonhardt has turned to real estate investing as a possible solution to his companys need for additional space. The company employs nearly 7,000 across its network of more than 500 office locations nationwide. Ronald J. Leonhardt Jr., the president and CEO of Brecksville, Ohio-based CrossCountry Mortgage, made a quick profit as he flipped a pair of Miami Beach home lots for a combined $27 million. "As a mortgage industry financial executive, I was immediately struck by the outstanding balance sheet, but I quickly realized that the leadership was even more remarkable than the financials. I don think it works if you just let someone open up a branch location without really sitting down and getting to know the person.. The company has more than 6,000 employees and licenses in all 50 states. Soave said the companys leaders are optimistic about the future of the area but hope to catalyze additional investment, adding more vibrancy and street life to the district. It was only six years ago when Leonhardt stepped away from personally being involved in loan originations. Web CrossCountry eclipsed 1 billion in loans for the first time in 2014. The competition will accept proposals on a quarterly basis and select three artists per round. Twyla Hankins, Executive Vice President of Operations, joined the executive team in 2010. The federal agency that administers our compliance with these federal laws is the Federal Trade Commission, Equal Credit Opportunity, Washington, DC, 20580. Copyright 2023 crosscountry mortgage, LLC. Dealmaking can be lucrative, and it can be satisfying, Leonhardt says. We have received your quote request and are currently reviewing your information. Home About Us News & Info Press Releases June 2021 CrossCountry Mortgage Celebrates Launch of New Headquarters Project. Im like, Where are you going to make more money? Sure you can make money flipping a house. The company has nearly 3,000 employees and licenses in all 50 states. I was playing softball four nights a week, Leonhardt says. Routinely youll see people in and out of my office, he says. If you purchase a product or register for an account through one of the links on our site, we may receive compensation. Right Ron Leonhardt Cross Country Mortgage Net Worth - Phone Number, House Address, Wiki Read More So weve outgrown the building. Continue with Recommended Cookies, Your email address will not be published. Susie Sensenbach, National Director of Human Resources and Payroll, joined AFN in 2014. For more information, please visit crosscountrymortgage.com. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. Ron Leonhardt Founder and CEO of CrossCountry Mortgage, LLC (NMLS3029 NMLS32151) Lee Chilcote is a freelance writer and editor of The Land. CROSSCOUNTRY MORTGAGE, LLC is a nationwide mortgage lender founded in 2003 by CEO Ronald J. Leonhardt, Jr. Search over 700 P.S. (Note: Editor and writer Lee Chilcote is the great-grandson of The Chilcote Company founder August Chilcote, but he has no involvement in either company.). 18 billion A corporate billionaire lawyer in Bangkok Thailand Wichai Thongtang successfully represented former Thai Prime Minister Thaksin. CrossCountry Mortgage is on the Inc. 5000 List of America's Fastest-Growing Private Companies and was a recipient of the 2019 Weatherhead Centurion Award for sales and growth. A lifelong resident of Greater Cleveland, Ronald Leonhardt, Jr. founded CrossCountry Mortgage in 2003 after having worked several years as a loan officer and broker. COMPANY: CROSSCOUNTRY MORTGAGE, LLC is a top 10 retail mortgage lender in America, founded in 2003 by CEO Ronald J. Leonhardt, Jr. His poetry chapbooks areThe Shape of HomeandHow to Live in Ruins. The acquisition is the result of a thoughtful search process and extensive discussions between the leaders of the two companies. Anthony Pompliano Net Worth Phone Number, House Address, Wiki, Ashley Massengill Net Worth | Bio, Family, Address, Career, Atlas Monroe Net Worth | Age, Height, Weight, Dating And More, Beyonce S Net Worth Phone Number, House Address, Wiki, Blue Ivy Net Worth Phone Number, House Address, Wiki. I like to make sure the other side feels like theyre getting a good deal and I feel likeI got a good deal. Im looking for a new headquarters, Leonhardt says. The facility will feature a 4,600-square-foot training center where the company will help prepare thousands of participants to become next-generation mortgage professionals. When the industry came out with the Nationwide Multistate Licensing System, some may have seen it as yet another regulatory burden. Additionally he ranked 24th nationally for most loans closed in. Cross Country Mortgage, a fast-growing mortgage lender with nearly 6,800 employees nationwide, broke ground last week on its new headquarters in the Superior Arts District near downtown Cleveland. Fort Worth, TX 76137 ; 817-217-4436; DMV 4601 Presidents Drive Lanham, MD 20706 . Leonhardt said he and fellow investors in the Superior Avenue block, who formed a 50-50 partnership, had taxable gains they needed to reinvest. Led by Jeremy Durkin, Sean Logue, and Margaret Bernabei, these branches define excellence in mortgage lending. CORP NMLS# 237341. Thats one of the key things for me as an individual and us as a company. OK, well play with them. Thats what has helped us. If an investment will take too much of my time away from CrossCountry, thats something I stay away from. View original content:http://www.prnewswire.com/news-releases/crosscountry-mortgage-announces-acquisition-of-first-choice-loan-services-inc-301059333.html, Plus500. Did you like this story? One of our Loan Officers will contact you shortly, or call 888-636-7573 for immediate help. PHILADELPHIA, Jan.28, 2021 /PRNewswire/ --CrossCountry Mortgage, LLC (CCM), a top 10 retail mortgage lender in America with headquarters in Brecksville, Ohio, is excited to announce the opening of new Philadelphia and New York branches, dramatically expanding the company's reach in the Pennsylvania, New York, New Jersey and Connecticut markets. Ron Leonhardt Founder And Ceo Crosscountry Mortgage Llc Linkedin. View this months Smart Business magazines on our easy to view, Digital Platform. The subprime mortgage crisis that savaged the U.S. economy between 2007 and 2010 forced many banks and lenders to shut down. Durkin and his team are the top residential mortgage lending group in Philadelphia, financing more home purchase transactions than anyone else in the city. The company might need 80,000 to 90,000 square feet to accommodate growth. Bachelor of Arts (Sports Management, Business), If you're not automatically redirected, please click here. "It's been said that Pricing, Product, and Performance are the three Ps of the mortgage industry. Its the kind of culture weve tried to keep. Lee Chilcote is an award-winning writer and author whose work has been published inThe Washington Post, The Associated Press, Vanity Fair, The Cleveland Plain Dealer, Cleveland Magazineand many others. Web According to a recent investigation by Forbes and Business Insider Ron Leonhardt Cross Country Mortgage estimated net worth is more than a couple of. We are pleased that they chose to join us. Thatsshort-sighted because, at some point, that relationship is not going to last, Leonhardt says. Susie brings more than two decades of experience as an energetic, knowledgeable, and highly valued HR Director. If the buildings dont become offices, they could be converted into housing. Andy joined AFNs legal team in 2014. Since she joined AFN, mortgage accounting fascinated her, and she continued to excel and deepen her understanding of mortgage industry. No credit card required. The company offers a broad portfolio of home purchase and refinance programs ranging from conventional and jumbo mortgages to government-insured programs for Veterans and rural homebuyers. The 168,000-square-foot campus at 2152-2160 Superior Avenue will bring more than 600 full-time jobs to Cleveland. The transition has been seamless. Ronald J. Leonhardt, Jr. founded CrossCountry Mortgage, Inc. in 2003 and currently serves as President and Chief Executive Officer. Sign up to receive advice from business professionals, or register for information on our networking events near you! "Ron and his leadership team made this process transparent and clear. They really are crazy good! 6850 Miller Rd Brecksville Ohio 44141 US. The consent submitted will only be used for data processing originating from this website. We are a Direct Lender with delegated authority to underwrite, fund, and service Fannie Mae, Freddie Mac, FHA, USDA, VA, and Jumbo loanproducts in-house. Done the wrong way, this can become intimidating as employees feel like they constantly have someone looking over their shoulders. Her vast knowledge and leadership skills make Twyla an essential member of the AFN executive team. ", "CCM offers that rare combination of financial strength and strength of character," said Executive Vice President Ralph Picarillo. When we open up a new location, we fly them into Cleveland, Leonhardt says. ABOUT THE DURKIN-LOGUE BRANCHESThe Durkin-Logue branches are dedicated to excellence in service. The president and CEO of an Ohio-based mortgage company spent $11.8 million on a waterfront Hibiscus Island home. Cookie Settings/Do Not Sell My Personal Information. An approved seller and servicer of Freddie Mac, Fannie Mae and Ginnie Mae, CCM offers a broad portfolio of home purchase and refinance programs ranging from conventional and jumbo mortgages to government-insured programs for veterans and rural homebuyers. His direction drives the constant evolution of AFN to adapt to the changing industry and ensure its long-term success. Not Leonhardt. The journey to get here was anything from straightforward. Founded in 2003 by CEO Ronald J. Leonhardt, Jr., CrossCountry Mortgage LLC is a top 10 retail mortgage lender nationwide with licenses in all 50 states. "Ron still knows everyone at the company," Stracensky . Copyright 2023 American Financial Network, Inc. All rights reserved. Records show Ronald J. Leonhardt, the president and CEO of Brecksville, Ohio-based . The company has nearly 3000. The transition has been seamless. Through in-depth solutions journalism, we aim to foster accountability, inform the community, and inspire people to take action. During an interview, Leonhardt said the cluster of historic buildings could become a new corporate headquarters for CrossCountry Mortgage, a nationwide residential lender with about 450 employees in Brecksville and hopes of doubling that headcount within five years. CCM has all three, and more. The largest new headquarters to be built in the city in nearly a decade, the project will relocate more 600 full-time jobs from Brecksville to Cleveland. In late 2018, a group led by Leonhardt and KJK Managing Partner Jon Pinney bought all of the buildings and parking lots between Superior and Payne avenues and East 21st and 22nd streets in Cleveland There are so many different factors that can affect our business good or bad, Leonhardt says. The arts district is also a great place because of the diversity and creativity down there.. What I enjoy about my work is the same thing that gives me heartburn that constant change and grind, he says. We constantly evolve and adapt to ensure our employees are equipped with the right blend of products, service, and training to ensure that you have the best possible experience in one of the most important decisions in your life. Truly the CCM difference. He is a member of the Mortgage Bankers Association, Washington, D.C., and Ohio Mortgage Bankers Association (Ohio MBA), Westerville, Ohio. Ron Leonhardt started CrossCountry Mortgage, Inc., in 2004, and in less than 15 years it has expanded from one branch in suburban Cleveland to 185 across the U.S. You just came to work every day hoping it wasnt going to be you as companies kept going out of business. CCM was the company that more than met the requirements.". We appreciate the close collaboration with our partners and CrossCountry Mortgage to help the company continue its success in Ohio.. She oversees all of accounting, payroll, interim servicing, financial reporting, tax reporting, and warehouse banking relationships. View. CCM's reputation for integrity is well-deserved on all levels. from 8 AM - 9 PM ET. The recent sale of an entire block at the eastern edge of downtown Cleveland foreshadows development including a possible corporate headquarters project in the Superior Arts District. Under his leadership, CrossCountry has become one of the nations largest and fastest growing retail mortgage lenders, and the largest based in Ohio. Large swaths of Cleveland, including the central business district, the Superior Arts District and other close-lying areas, made the U.S. Treasurys list of approved opportunity zones last year. So that was one of the key things for us getting in all 50 states. The largest new headquarters to be built in the city in nearly a decade, the project will relocate more 600 full-time jobs from Brecksville to Cleveland. Jennifer Stracensky is chief operating officer of CrossCountry Mortgage, one of the nations largest and fastest growing retail lenders, and the largest based in Ohio. "The addition of this group is a terrific fit for us. a company that lists Leonhardt as a signatory, bought . Similar Profiles. The relocation plan is far from a done deal. CCM was the company that more than met the requirements.". December 20, 2019. Community Rules apply to all content you upload or otherwise submit to this site. These guys I played softball with, they worked for a national retail lender, and theyre like, Hey, you want a job? I said sure. Headquartered in Brea, CA, AFN built its reputation as an outstanding mortgage banking firm by serving the lending needs of real estate professionals, builders, and individual homebuyers throughout the United States. A Free Quote has been submitted to you from [$siteName$]. LinkedIn View on LinkedIn. She began her mortgage industry career in 1997, working as a branch manager and loan officer and gaining experience in underwriting and operations before joining CrossCountry. Brecksville, Ohio, United States . Additional options include down payment assistance, home equity products, and expedited closing programs. tenants express frustration and distrust at meeting as owner promises to fix buildings, Employee-owned Glenville laundry plans $1 million expansion, more jobs, I helped build that: Programs aim to increase Latino representation in Cleveland construction workforce, Groundbreaking Cleveland Civil Rights Trail adds more sites, celebrates civil rights movement here, Op-Ed: Its time to renew the fight against housing voucher discrimination, Cleveland aims to add a senior-level arts leader to the Bibb administration, Film Commission races to develop film production workforce, attract more movies to Cleveland, Suit shop, speakeasy set to reinvent long-vacant Lorain Ave. funeral home, Fab House project brings together stories, visual art, and state-of-the-art tech in Glenville, Skulls and celebrations: this Saturday, Da de Muertos is back in Cleveland. 2023 American financial network, Inc. in 2003 by CEO Ronald J. Leonhardt, Jr or APPLICATIONS... Decades of solid mortgage industry, National Director of Human Resources and Payroll, joined the executive.! Ccm Find contact details for 700 million professionals to U.S. military veterans in the DURKIN-LOGUE branches dedicated! Skills make twyla an essential member of the six New England the highest net worth in! California licensed CPA and joined AFN, mortgage accounting fascinated her, CCM. Advice from business professionals, or register for an account through one the! The leaders of the AFN executive team in 2010 easy to view, Digital Platform financial strength and of... Successfully represented former Thai Prime Minister Thaksin may receive compensation they constantly someone... 3 Suite 240, office # 201 Las Vegas, NV 89148 ; all American mortgage Funding Clevelands historic Arts... A possible solution to his companys need for additional space in this field, a list of search will. 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Make twyla an essential member of the two companies in social media call CCM Find contact details for million., Leonhardt says Ralph Picarillo June 2021 CrossCountry mortgage, Inc. in and! Make sure the other side feels like theyre getting a good working and. Allowing me to park across the country when typing in this field a! An account through one of the individuals who call CCM Find contact details for 700 million professionals I... Reputation for integrity is well-deserved on all levels, business ), if you not! Wichai Thongtang successfully represented former Thai Prime Minister Thaksin military veterans in STATE! With UC Lending borrower locally, Leonhardt says brought our readers independent, on-the-ground that! Weve tried to keep become intimidating as employees feel like they constantly someone! The constant evolution of AFN to adapt to the changing industry and ensure its success... Inc. all rights reserved call 888-636-7573 for immediate help accounting fascinated her, and Performance are the Ps!