Dustin Wells has been named Co-President of Stronghill Capital as it expands into residential lending, the company announced in a press release.
Wells, an industry veteran with more than two decades of experience, will head a new executive team focused on expanding Stronghill’s business from commercial into the non-QM, non-agency jumbo, and investor residential spaces.
His leadership experience includes many executive-level roles, including COO at Wesley Mortgage, Head of Lending at Knock, and EVP, Mortgage Director at Keystone Bank.
“We have a clear purpose as we grow into the Non-QM space and I look forward to bringing depth to Stronghill’s market presence at the residential level with this dynamic leadership team,” said Wells.
“This crossover empowers our industry partners by seamlessly marrying the best B2B technology platform with our expert advice and guidance to make them more successful.”
The company’s non-QM offerings include a debt service coverage ratio program for 1-4 and 5-8 unit properties, business and consumer-purpose entity transactions, and the ability to price loans with premium rebates back to the broker or originator, among other offerings.
The executive team also includes Matthew Brammer, SVP of wholesale and correspondent channels; Stephanie McInturff, SVP of mortgage operations and technology; and Ryan Zonana, who builds, deploys, and scales capital markets and pricing solutions.
“Stronghill’s aim is to help our clients achieve their personal and professional real estate investing goals. Dustin’s experience and leadership provides us with an advantage,” said John Eisinger, CEO at Stronghill.
“We are excited to strengthen our commitment to industry partners with a complete real estate financing platform offering solutions for both residential and commercial small balance loans.”