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CMG Financial Initiates Southern California Expansion with Jerrold David, Regional Sales Manager

  • March 27, 2019

Los Angeles, CA – CMG Financial, a privately held, well-capitalized mortgage banking firm headquartered in San Ramon, CA, announced today the hiring of Jerrold David, Regional Sales Manager.  Jerrold will oversee CMG Financial’s expansion into Southern California, leveraging his abundant real estate relationships to grow market share and establish new partnerships.

Jerrold David has over seventeen years of mortgage leadership experience, previously holding positions at national banks and lenders throughout Southern California.  He worked at Countrywide Home Loans/Bank of America for over eleven years, serving as a Senior Account Executive, Branch Sales Manager, and Producing Retail Sales Manager.  Later, he worked at US Bank Home Mortgages as the District Sales Manager for the greater Los Angeles area for over three years. 

Most recently, he served as Vice President Regional Manager at Guaranteed Rate Affinity, a joint venture between Guaranteed Rate and Realogy.   In this role, Jerrold worked with over 50 real estate offices throughout the Los Angeles and greater Southern California markets.  He is also actively involved with the San Fernando Valley and Santa Clarita Valley chapter of the Asian Real Estate Association of America (AREAA) and has previously served on the Board of Directors.  He is adept at developing and nurturing real estate relationships and his experience will serve him well as he sources new home builder partnership opportunities.

“Working with a lender like CMG Financial allows me to offer a wider range of loan programs and services to our partners,” Jerrold David said in a statement, “with proprietary products like the All In One Loan to help clients build wealth and innovative down payment solutions like HomeFundIt to make homeownership more accessible to first-time home buyers, CMG has something for everyone.”

“When CMG Financial chooses to expand into a new region, we do so because we’ve got the right leadership in place,” Chip Larson, Western Divisional Vice President, CMG Financial, said in a statement.  “We are lucky to have an experienced leader like Jerrold, who has succeeded for many years in partnerships and joint ventures.”

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About CMG Financial

CMG Financial is a well-capitalized, privately held mortgage banking firm founded in 1993. The company makes its products and services available to the market through three distinct origination channels: retail lending, wholesale lending, and correspondent lending.

CMG Financial currently operates in all states, including the District of Columbia, and holds federal agency lending approvals with HUD, VA, RHS, GNMA, FNMA, and FHLMC. CMG Financial is widely known throughout the mortgage banking and housing markets for responsible lending practices, industry and consumer advocacy, product innovation, and operational efficiency.

 

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© CMG Financial, All Rights Reserved. CMG Financial is a registered trade name of CMG Mortgage, Inc., NMLS ID #1820 in most, but not all states. CMG Mortgage, Inc. is an equal opportunity lender with corporate office located at 3160 Crow Canyon Road, Suite 400, San Ramon, CA 94583 888-264-4663. Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act No. 4150025; AK #AK1820; AZ #0903132; Colorado regulated by the Division of Real Estate; Georgia Residential Mortgage Licensee #15438; Illinois Residential Mortgage Licensee; Kansas Licensed Mortgage Company #MC.0001160; Massachusetts Mortgage Broker and Lender #MC1820; Mississippi Licensed Mortgage Company Licensed by the Mississippi Department of Banking and Consumer Finance; Licensed by the New Hampshire Banking Department; Licensed by the NJ Department of Banking and Insurance; Licensed Mortgage Banker – NYS Department of Financial Services; Ohio Mortgage Broker Act Mortgage Banker Exemption #MBMB.850204.000; Licensed by the Oregon Division of Financial Regulation #ML-3000; Rhode Island Licensed Lender #20142986LL; and Licensed by the Virginia State Corporation Commission #MC-5521. CMG Mortgage, Inc. is licensed in all 50 states and the District of Columbia. Offer of credit is subject to credit approval. For information about our company, please visit us at www.cmgfi.com. To verify our complete list of state licenses, please visit www.cmgfi.com/corporate/licensing and NMLS Consumer Access (http://www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/1820).