Leading Residential Lending Expert Grows Commercial Division to Meet Demand
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December 4, 2008 – SAN DIEGO, Calif. – Due to a growing demand for lending products to fit the commercial real estate market, San Diego-based Golden Equity Mortgage Corp (www. goldenequitymortgage.com) has expanded its commercial division – GEM Commercial Lending. Specifically focused on the needs of clients financing commercial and multi-family properties, GEM Commercial Lending provides full-service loan consulting and origination for clients nationwide.
Newly appointed Executive Vice President and industry veteran Joy Hunner heads GEM Commercial Lending. For the last 10 years, Hunner was Vice President and co-owner of Monterey Commercial Capital in San Diego, where she specialized in marketing, packaging, underwriting and funding commercial real estate loans through various lenders wholesale programs. Prior to her tenure with Monterey, Hunner spent nearly 20 years in various loan and banking leadership positions, managing staffs of up to 100 at both the branch and corporate level.
In her new role as Executive Vice President at GEM Commercial Lending, Hunner is responsible for the management of and continued development of the company’s success in commercial lending, reaching out to new clients and identifying new opportunities to better serve clients with existing commercial loans.
Joining Hunner at GEM Commercial Lending is Vice President Will Grant. Grant also comes to the company with 30 years of experience in commercial lending, working most recently at Provident Commercial Banking and Washington Mutual. Earlier this year Grant was named as one of the “Circle of Leaders…Twenty Outstanding Filipinos Abroad” by Filipino Image Magazine. Grant began his commercial lending career with Great American Bank and will work hand in hand with Hunner to assist clients and identify new opportunities for growth in this rapidly expanding market.
“Over the past year we have seen a large increase in demand for commercial loan products,” said Colleen Moore, President of Golden Equity Mortgage. “As a direct result, we decided to open GEM Commercial Lending to better meet our clients’ needs and expand our overall capabilities,” she added.
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About Golden Equity Mortgage Corporation:
With offices in San Diego and Palm Springs, California and service capabilities throughout the state, Golden Equity Mortgage Corporation is a comprehensive mortgage brokerage company. Log on to www.goldenequitymortgage.com or call (866) 519-6290 to learn more.
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