Greg Dalgarno Joins Embrace Home Loans’ Maryland Branch as Sales Manager
Former Guaranteed Rate and Wells Fargo top originator and manager will focus on expanding new homebuilder partnerships
April 6, 2023 – Middletown, Rhode Island – Embrace Home Loans, a top-ranked national mortgage lender, announced that Greg Dalgarno has joined the company’s Timonium, Maryland branch as sales manager. Dalgarno will focus on growing the branch and will specialize in new construction home loans in Maryland and the mid-Atlantic region.
Dalgarno has over 20 years of mortgage industry experience and has been a top-producing originator and sales manager at Guaranteed Rate and Wells Fargo. He increased overall sales and worked closely with home builders at both companies.
“We are delighted to have Greg join our team,” said Jason Will, senior vice president of market growth at Embrace Home Loans. “He has deep roots in the Maryland market, vast experience in new construction lending, and numerous relationships with high production homebuilders. We’re confident he will have a tremendous impact helping us grow our builder services division.”
Dalgarno plans to expand the lender’s share of the new home market by forming partnerships with homebuilders and recruiting loan officers that specialize in new home construction. He will also work with the company’s capital markets, operations and marketing teams to create new products and tools for builders and their customers.
“Greg is an experienced leader known for creating new homeownership opportunities by delivering superior customer service to both borrowers and builders,” said Timonium Branch Manager Matthew O’Connell. “We’re delighted to welcome him aboard.”
“I’m looking forward to growing Embrace’s footprint in the mid-Atlantic,” said Dalgarno. “Embrace has always been a strong advocate for new construction and has all the components to make sure the financing piece of purchasing a new home goes smoothly.”
“I see endless opportunities at Embrace to work with homebuilders,” Dalgarno added. “Plus, Embrace has many compelling competitive advantages over other lenders, including a top-notch leadership team, first-class customer service, cutting-edge digital technology and great loan products and programs.”
To help buyers purchase new construction homes, Embrace Home Loans has partnered with homebuilders to offer discounted forward commitments. “These commitments allow a builder to lock a block of funds at a below market interest rate, then pass the rate through to prospective home buyers,” Will said. “Often, the rate can be a full percentage point below market rates.”
Embrace’s Extended Rate Lock protects a new construction home buyer’s rate for up to 360 days. If rates drop before the home is finished, Embrace offers a one-time float down option within 30 days of closing.
Embrace continues to recruit originators to its builder services division. To learn more about joining Embrace and current opportunities, visit the company’s careers page.
About Embrace Home Loans
Founded in 1983, Embrace Home Loans is a prominent mortgage lender that provides borrowers and financial institutions with an exceptional mortgage experience. Licensed in all 50 states and the District of Columbia, Embrace has been recognized seven times as one of the Best Medium-sized Companies to Work for in America by Fortune and as one of the Fastest Growing Companies in America by Inc. The company has also been recognized 17 times as one of the Best Places to Work in Rhode Island, as the Most Community Involved Company in Rhode Island, and with the Leadership Excellence Award by Providence Business News. The company is based in Middletown, Rhode Island. For more information, please visit www.embracehomeloans.com.