Executive tasked with enhancing the company’s products with focus on
newest offering, Condo Project Warrant
February 16, 2022 – Philadelphia, PA – CondoTek, a provider of technology and services for condominium and co-op lenders, has promoted Lisa Geloso to head of product development and customer success. Geloso previously served as the company’s director of business development and product operations.
Geloso has over 30 years of mortgage industry experience and has held executive positions at Bank of America, Wells Fargo, TD Bank, and some of the leading large mortgage lenders including Freedom Mortgage and Arc Home Loans LLC. In her new position, she will continue to enhance CondoTek’s product offerings with a specific focus on the company’s newest product, Condo Project Warrant (CPW). CPW is an end-to-end solution that leverages all of the company’s proprietary technology to deliver risk-free warrants for condo and co-op loans.
“By spearheading the success of our product lines, Lisa will ensure that we continue developing industry-leading technologies and products that make condo and co-op lending more efficient for our customers,” said Joshua Kahn, CondoTek’s co-founder and chief technology officer. “Our guiding philosophy is that you are only as good as the people you surround yourself with, and Lisa is one of the best in the industry.”
“I am deeply honored to lead CondoTek’s product development during an important time for both the company and the lending industry,” Geloso said. “Our cost effective, best-in-class automation combined with the incredible talent and passion of the CondoTek team give us a unique opportunity to shape the future of condo and co-op lending.”
CondoTek continues to expand on its strong foundation of product offerings after acquiring National Condo Advisors in the fourth quarter of 2021. The company is planning additional integration releases throughout 2022, all designed to create a comprehensive, streamlined user experience for mortgage lenders that originate and underwrite loans for condos and co-ops.
About CondoTek
CondoTek is a technology, information and consulting firm that provides mortgage lenders with regulatory guidance, project approvals and easy access to products and services for approving, originating and underwriting loans for condominium and co-op properties. CondoTek’s automated offerings enable mid- to large-sized lenders and other financial institutions and real estate companies to enhance their operational efficiencies and streamline the condo and co-op financing and investment process. CondoTek was founded in 2013 and operates in all 50 states. For more information or to request a demo, visit www.condotek.com.