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Guaranteed Rate Affinity (GRA) announced this week that it has appointed longtime reverse mortgage industry professional Dino Guadagnino to serve as regional vice president of reverse mortgages. His arrival comes as GRA focuses on “strengthening its commitment” to the space and to “the senior borrowers it serves,” the company stated.
Guadagnino most recently served as a senior vice president of the reverse mortgage division of The Money Store. He also previously served as vice president of the reverse mortgage division at Cardinal Financial before that company’s exit from the business.
His past experience also includes time at Homebridge Financial Services, Prospect Mortgage, First Choice Loan Service and American Advisors Group (AAG).
In an announcement, GRA explained that Guadagnino would primarily be focused on growing its reverse mortgage division, including through expanded education and tools for loan officers, real estate agents and customers.
Dino Guadagnino“I am excited to join Guaranteed Rate Affinity as the regional reverse mortgage sales leader,” Guadagnino said in a statement. “GRA’s leadership team and their commitment to offering financial solutions to the senior population make this the ideal organization to grow the reverse mortgage program.”
He added that his focus at the moment is on building a team of values-aligned loan officers with an emphasis on “service to clients and partners.”
He will also work to expand the company’s reverse-oriented outreach and education efforts, while “work[ing] closely with traditional loan officers to help them get certified in reverse lending and uncover new opportunities in the reverse for purchase space.”
Frank Ciardelli, senior vice president of sales performance at GRA, said he’s pleased to welcome Guadagnino into the fold.
“His knowledge and leadership in reverse lending will be a game changer. Dino’s presence will help grow this business line, expand our offerings, and provide seniors with the education and options they deserve,” Ciardelli said.
HousingWire’s Reverse Mortgage Daily (RMD) also reached out to Jesse Allen, president of retail reverse mortgage lending at GRA-affiliated Rate, who welcomed Guadagnino.
“I’m thrilled to welcome Dino to the Rate family of companies,” Allen said. “His expertise and leadership further solidify our commitment to serving the 55-plus community and is additional evidence that we have quickly become the melting pot of reverse talent.”
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