Steve Somerman is currently the VP of Mortgage Lending at RATE, where they specialize in Reverse Mortgage Loans for seniors aged 55 and over. With over 40 years of experience in Mortgage Loan Origination, product development, and sales training, they have held significant roles in companies such as American Home Mortgage and Prospect Mortgage. Steve has focused on building teams of Mortgage Loan Originators across multiple states, demonstrating a strong commitment to company goals and client relationships. They earned a Bachelor of Arts in German and Learning Resources/Communications from Western Illinois University.
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