Mortgage lending veteran and long-time Guaranteed Rate employee Ryan Ogata has transitioned to lead the company’s reverse mortgage division as Executive Vice President of Reverse Mortgage Lending.
Ogata, who has worked in the mortgage lending industry for 20 years, will be tasked with super-charging the lender’s reverse mortgage division.
“A unique convergence of market forces, including an aging population, resilient home values and a scarcity of inventory, are driving up the demand for reverse mortgages,” said Ogata. “I’m excited for the opportunity to dispel the misperception that these are simply loans of last resort. Guaranteed Rate has long been the leader when it comes to serving as a financial advisor—not just a one-off loan producer. Accordingly, we look forward to spreading the word about the reverse mortgage as a critical financial tool for seniors as part of their overall financial planning.”
A Bay Area native, Ogata has been with Guaranteed Rate since 2017 and was previously the company’s Divisional Manager for the Pacific West region. Before that, he was the Regional Manager for Norther California.
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