The move, which is a part of the bank’s expanding wealth management offering, brings together in one integrated group professionals from all aspects of mortgage banking to focus on the real estate financing needs specific to affluent and HNWI.
John Bahnken, head of Bank of the West Wealth Management Group and senior executive vice president, remarked, "By putting together these specialists, we’re giving our wealth management clients a cohesive group that knows and develops solutions for financing high value properties, is experienced in reviewing complex personal financial information to make quick credit decisions, and understands the imperative to make the process work efficiently."
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The team will include private mortgage bankers, product development professionals and loan processing staff
Karen Mayfield, senior vice president, who leads the private mortgage banker distribution team, said, "Clients need an experienced guide to help them understand their options and ensure their application process is smooth even when dealing with the complexities of this evolving market."
Affluent and HNW clients can access the private mortgage banking team through the bank’s wealth management private client advisors.
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