Andy Steben has joined Lima One Capital as Director of Wholesale Lending. Steben comes to Lima One Capital after having served as a Senior Vice President of Sales for Fairway Independent Mortgage. He also has worked at AmeriSave Wholesale Mortgage, Angel Oak Mortgage Solutions, Shelter Grow Capital, and Quicken Loans.
A graduate of Bradley University, Steben has experience with multiple mortgage platform and channel builds, taking them from concept to billions of dollars a year. He has worked and built in every aspect of the mortgage industry through execution channels including agency direct, portfolio, and securitizations. He will lead Lima One’s growing wholesale lending channel, which the company began early this year to empower mortgage originators to serve real estate investors through Lima One’s fix and flip, rental, new construction, and multifamily loans.
“We’re excited to add a strong and experienced sales leader like Andy as we continue to build out an industry-leading wholesale lending channel,” said Nate Trunfio, Lima One Capital’s Chief Revenue Officer. “In today’s market, mortgage originators across the country are looking to increase their loan originations. Lima One Capital’s financing for real estate investors is an ideal solution for originators seeking to expand their customer base and thrive even in high-interest rate environments.”
About Lima One Capital
Since its inception in 2011, Lima One Capital has funded over $8 billion in loans for real estate investors who are building, improving, and stabilizing neighborhoods across the nation. Lima One’s core loan products are New Construction loans for ground-up construction, in-fill, specs, and model homes; Fix and Flip, a 13-month bridge loan for investors who are buying, renovating, and selling properties; Rental property and portfolio loans for purchasing or refinancing residential rental properties; and Multifamily bridge lending for the purchase, rehab, or refinance of 5+ unit multifamily properties. For more information, visit limaone.com.