Michael Puorro has joined Embrace Home Loans in its Basking Ridge, NJ, branch as producing sales manager, the company announced in a press release.
Puorro brings nearly two decades of mortgage industry experience to the position, having spent the last nine years as a top-producing originator at Caliber Home Loans. In just his last three years there, he originated $383 million in loans.
“I’m excited to join such an incredible organization. When I first met [Brian Woltman, Basking Ridge branch manager], I knew right away we shared a very similar approach to the mortgage business,” Puorro said.
“I was also attracted by Embrace’s solid reputation and strong mix of innovative loan products. I particularly like that Embrace is big enough to compete with national lenders, but not so big that it can’t adjust quickly to changing market conditions—which it does extremely well.”
He was ranked by Mortgage Executive magazine among the top 1% of originators in 2019, 2020, and 2021, and was listed on Scotsman Guide’s Top Originators list for those years.
“Michael is a fantastic addition to the Embrace team,” said Steve Adamo, president, national retail production. “The Basking Ridge branch is already a force to be reckoned with, and with Michael and his team now on board, I’m looking forward to great things.”
“We’re thrilled to have Michael join our office,” Woltman added.
“Michael’s years of success in the mortgage industry, his track record of being a top originator and his wide network of real estate contacts will give Embrace an even bigger presence in the New Jersey market. I’m delighted to combine forces with someone of Michael’s caliber.”
In addition to Puorro, Matt Rossine, junior loan officer, Eric Hantson, business development associate, and Chantelle Perkins, business development associate, are joining Embrace from Caliber.
Embrace is licensed in all 50 states and is based in Rhode Island. It has been recognized seven times as one of the Best Medium-sized Companies to Work for in America by Fortune and five times as one of the Fastest Growing Companies in America by Inc.