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Veteran IT executive leads critical initiatives through technology support team

April 19, 2021Denver, Colorado – Cherry Creek Mortgage, a nationwide, full-service mortgage lender, today announced that Claud Payne has been promoted to vice president of project management.

Payne introduced project management to Cherry Creek when he joined the company in 2016, creating replicable, company-wide project plans for new business ventures such as PenTrust, Move Up Mortgage, and more recently Bellco Home Loans.  A key leader and mentor on Cherry Creek’s Advanced Technology team, Payne ensures that critical business initiatives receive the technology support they require without ever missing a launch date.  He also serves as the conduit between Advanced Technology and many other departments at Cherry Creek to ensure the company’s technology platforms meet the needs of the business.

Before joining Cherry Creek, Payne’s professional background included technology sales at IBM and BMC Software, technical marketing at JD Edwards, managing cloud services as an IT director for companies using Oracle’s ERP software, and roles in project management at telecommunications companies.

“Claud is just a tremendous talent, a steady hand who works tirelessly to ensure our projects launch as expected and with every detail covered,” said Darren Shaffer, chief technology officer at Cherry Creek Mortgage. “This promotion is well deserved.”

“I enjoy being a part of many teams at Cherry Creek and ensuring that they all work together toward a common goal, which ultimately is to provide consumers with the best possible mortgage experience in support of their homeownership goals,” Payne said.

Founded in 1987, Cherry Creek Mortgage provides a robust offering of FHA, conventional and jumbo purchase and refinance mortgage loans utilizing a highly advanced, proprietary technology platform. The company originates loans through more than 70 retail branches, a highly efficient consumer direct channel, wholesale, and a number of highly successful joint ventures.


About Cherry Creek Mortgage, LLC

Cherry Creek Mortgage, LLC, NMLS #3001, has a 33-year tradition of serving the needs of home buyers across the country. With a reputation built on a passion for responsible lending and dedication to personal relationships, Cherry Creek Mortgage has helped thousands of customers realize their goal of home ownership. Cherry Creek Mortgage’s specialized internal processes and proprietary technology deliver a digital mortgage experience with a personal touch. The company is headquartered in Colorado and is licensed in Alabama, Arizona, Arkansas, California, Colorado, Connecticut, Florida, Idaho, Illinois, Indiana, Iowa, Kansas, Louisiana, Maryland, Michigan, Minnesota, Montana, Nebraska, Nevada, New Jersey, New Mexico, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Washington, Wisconsin, and Wyoming. Learn more at