George Herghelegiu

George Herghelegiu has been a part of the AHMC team since March 2011, serving as the Vice President of Retail Operations for his entire time with the company. George brings nearly 25 years experience working in various managerial roles, mainly within the mortgage industry, to the AHMC leadership team. His strong supervisory background provides him with a great perspective and understanding of the operational guidance necessary to run a successful business.

Under George’s direction, the company’s retail division has seen expansive and exponential growth over the past several years as he created and developed AHMC’s retail operations center, which he manages on a day-to-day basis from the Huntington Valley corporate office. These managerial duties include the recruiting, monitoring and regulating of AHMC branch managers and loan officers. He also is in charge of monitoring; updating, analyzing and addressing any potential problems that AHMC’s monthly HUD reports may show.

George also works hand-in-hand with the appraisal, settlement & title agents and attorneys who work directly with AHMC. Duties for this include the development of strong and compliant business relationships as well as the monitoring and vetting of settlement and title agents. In addition, George keeps a watchful eye over the company’s expenses which include operating, maintaining and monitoring AHMC’s warehouse line of credit as well as sustaining all of AHMC’s relevant bonds and insurance.

Prior to joining the AHMC team, George served as the President of United Capital Lenders from 2007 until 2011. George was responsible for the creation and development of United Capital’s correspondent lending division and was also responsible for maintaining the company’s warehouse line of credit and the reconciliation of said warehouse line. In addition, George directed and implemented the company’s internal policies as well as its’ compliance standards. Under George’s leadership, United Capital increased total loan production from a paltry $0 to over $285 million in production by 2011. In addition, the company closed upwards of 1,000 FHA loans over a 24 month span ending in March of 2011.

George’s initial foray into the mortgage industry came with First Providian Mortgage, for whom he served as Sales Manager from 2003 to 2007. His impact with the company was felt immediately as under his supervision the group saw its sales increase from $5 million to upwards of $11 million per month, with sales doubling on a per-loan officer basis through the use of retention programs.