Peter Abbatangelo

Experienced and results-driven mortgage agent with a proven track record of success in a 100% commissioned environment. Specializing in sourcing, serving, and placing mortgage business, I operate as a small business, meticulously crafting and executing business and marketing plans to drive success. My focus is on delivering exceptional customer service and education to clients.

• Create strategies to develop and expand existing customer sales, resulting in an increase in annual sales of 10% year over year.
• Review and approve loan applications to facilitate the closing process.
• Provide thorough explanations of various mortgage products to clients, assisting them in selecting the best option for their needs.
• Prepare comprehensive loan packages for submission to lenders, ensuring completeness and accuracy of documentation.
• Recommend tailored financing solutions based on individual client needs, resulting in higher customer satisfaction.
• Approve loan applications based on customer creditworthiness and provided detailed financial advice.
• Consistently meet or exceed sales targets through proactive client outreach and exceptional customer service.
• Assess loan portfolios ensuring compliance with underwriting policies and industry regulation.

Led the development and marketing of product lines, including residential mortgages, HELOCs, and creditor insurance for GMAC Residential Funding and Resmor Trust, supporting over 900 Brokers. I specialized in research, design, pricing, and profitability analysis to enhance sales volume and successfully launch new products within the mortgage broker network.

• Leveraged data analytics insights for informed decision-making in critical areas such as sales forecasting, budgeting, or personnel management.
• Implemented business strategies, increasing revenue, and effectively targeting new markets.
• Observed each employee's individual strengths and initiated a mentoring program to improve areas of weakness.
• Implemented innovative solutions to solve complex problems, resulting in increased productivity and streamlined operations.
• Project Manager responsible for developing and launching a home equity line of credit, which amassed $200 million in sales in its first nine months, the company's most successful product launch of 2006.

• Assisted in development and marketing of Fund-Linked Deposit Notes, which amassed $750 million in sales in the first six months.
• Established, initiated and optimized business development strategies based on company targets, product specifications, market data, and budget factors.
• Assisted in developing and launching an online portfolio selection tool for Financial Advisors to assist in developing optimal portfolio mixes.
• Managed marketing budget and associated P&L to develop and execute marketing strategies, budgets and sales plans for business segments.
• Improved customer loyalty by implementing effective email marketing campaigns and personalized offers.
• Boosted sales performance by creating engaging promotional materials and targeted advertising strategies.
• Supported a sales team of 18 in developing custom ad hoc marketing based on their region's needs.