Sprout Mortgage Appoints Vincent Daino SVP, Strategic Relationships
EAST MEADOW, NY, April 20, 2022 /PRNewswire/ — Sprout Mortgageone of the nation’s fastest growing lenders and largest non-QM originators, today announced the hiring of Vincent Daino as Senior Vice President, Strategic Relations. In this new role, Mr. Daino will focus on growing and overseeing the company’s joint venture/strategic relationships division. He will lead strategic planning, channel growth and channel profitability for this division. It relates to Shea PallanteChairman of Sprout Mortgage.
“We are very pleased to add someone of Vince’s caliber to Sprout’s management team,” Mr. Pallante said. “His experience in joint venture management and business development will be key to our growth in 2022 and beyond.”
“I’m very excited to be part of such an innovative and forward-looking company like Sprout. The lending and real estate industry is changing, so being able to offer out-of-the-box solutions to partners as well as to borrowers be paramount to competition,” said Mr. Daino. “It is becoming increasingly important for real estate companies, builders and others involved in the real estate transactional space to find a compliant way to increase their profitability. A mortgage joint venture is an important tool that can help achieve this goal. Sprout, unlike many in the space, can offer this option to businesses of all sizes, with a variety of structures, to suit every business. Sprout’s extensive product offering can help our partners sell more homes as well as ‘to start a very profitable new business. revenue stream.”
Mr. Daino has twenty-five years of experience in the mortgage industry, including leadership positions in retail, joint ventures and talent acquisition. He comes to Sprout from New Rez, LLC, where he most recently served as Vice President, Division Director, responsible for overseeing joint venture management and business development. He graduated from the Pennsylvania State University.
About the Sprout Mortgage
Sprout Mortgage builds exceptionally good mortgage solutions, without complexity and full of flexibility, for the unique situations and unmet needs of homeowners, real estate investors and mortgage professionals. With over 35 legendary loan programs combined with superior technology, reasonable underwriting, and aggressive pricing, Sprout is a “one stop mortgage” for everyone. Learn more today.
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