L/O,FHA,Conv A, A.E., Marketing,
Resume:
Archie T. Ferro
Fairlawn, OH. 44333
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Goal I am seeking a career where I can utilize my vast experience in management,
sales and business development.
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Professional Experience
March 2003 – April 2007 FDR Mortgage Services, Inc. Akron, OH
President & Operations Manager
§ Managed start-up of new mortgage brokerage to 1.5 million in sales.
§ Responsible for total day-to-day operations.
§ Posses an extensive knowledge of Fannie Mae and Freddie Mac prime.
§ Knowledge of Alt-A programs, pay option arms, sub-prime B – D, and FHA and VA loans.
§ Thorough knowledge of all Ohio mortgage state and federal laws and regulations.
* Closed the business in April 2007.
February 1998 – February 2003 Emerald Mortgage Services, Inc Akron, OH
Owner and Operator
§ Brokered an average of $3.6 million in mortgage loans per month.
§ Average gross income of $100,000 per month.
§ Managed staff of 10 loan officers, 2 processors, 1 manager, and 7 telemarketers.
§ Increased profitability by $8,000 to $10,000 per month.
§ Implemented training for new recruits which grew to staff of 20 employees.
* Sold the business in February 2003.
April 1997 – February 1998 GSF Mortgage Akron, OH
Mortgage Loan Originator
§ Originated residential mortgages (primarily refinances for prime and sub-prime market).
§ Closed an average of 8 loans per month.
§ Averaged a profit of $2750 per loan.
March 1995 – April 1997 Waikem Ford Akron, OH
Sales Representative
§ Grew gross income to $20,000 per month.
§ Opened and established sub-prime financing.
§ Contracted with investors.
§ Company continues to flourish while utilizing my original implementation plan.
Current Licenses
State of Ohio Mortgage Broker Operations Manager/Loan Officer State of Ohio
Hobbies and Interests
History
Computers
Reading
Avid cigar aficionado
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