Cherry Creek Mortgage Hires Ty Kern As Executive Managing Director
Cherry Creek Mortgage, a nationwide, full-service mortgage lender, announced that Ty Kern has joined the company as executive managing director. A 30-year mortgage industry veteran, Kern will focus on using automation to reduce the time and effort required to manufacture loans, optimize efficiencies in loan processing, and consistently improve the borrower experience.
Prior to Cherry Creek, Kern served as executive managing director – national production for Sun West Mortgage Company in Newport Beach, California. There, he oversaw all facets of loan production and managed a team of 300 employees, including originators and processors. In 2020, Sun West closed nearly $3 billion of loans and is on pace to close more than $4 billion this year. Before Sun West, Kern held executive positions at several other mortgage companies, mainly in retail loan production.
“We believe Ty’s strong background in loan production and his expertise at creating efficiencies in the mortgage process will help us deliver a better experience to all our stakeholders, including loan originators, referral partners, and most of all, our borrowers,” said Rick Seehausen, president and COO of Cherry Creek Mortgage. “I’m thrilled to be joining a company that shares my enthusiasm for always trying to find a way to improve efficiencies in the mortgage industry,” Kern said.
“I look forward to implementing new technologies that enable us to streamline production and create greater numbers of satisfied borrowers.” 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.
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