Alterra Home Loans, a minority-owned mortgage bank based in Las Vegas and with a presence in 26 states, announced Monday the addition of Tom Middleton as SVP of Business Development and National Expansion.
Middleton will take responsibility for Alterra’s business development, including applying new strategies to attract experienced mortgage professionals to the company.
Middleton “understands our market and shares a similar vision about how to build a company in new mortgage markets,” said Miguel Narvaez, EVP and Chief Production Officer at Alterra Home Loans, which is the second-largest Hispanic-owned mortgage company in the United States and has a stated goal of “serving the underserved markets.”
Narvaez also said of Middleton, “Tom has a great deal of experience and a proven record of building and recruiting new branches and business opportunities for other companies.
Middleton came to Alterra from On Q Financial, Inc., where he served as VP of Talent Acquisition and Business Development. His past experience also includes serving as Senior Manager for Parker + Lynch; Senior Real Estate Tax Consultant for AVS Tax, Inc.; Senior Operations Manager for University Security Solutions; and Senior Tax Auditor for the City of Scottsdale, Arizona.
In addition to his professional experience, Narvaez said Middleton is a good fit for Alterra’s company culture.
“Tom is a family man and a team player, making him a great fit for our culture, he said.
Middleton also commented on Alterra’s company culture, saying it was part of what drew him to the company.
“Alterra’s emphasis on diversity and culture, innovation and accountability as an organization were what attracted me,” Middleton said. “Alterra’s team environment is phenomenal and supported by excellent leadership and direction.”
He continued: “The shared feelings of passion, loyalty, pride and respect amongst the leadership and staff is what sold me on Alterra.”
Middleton said he aims to grow business development and sales teams across the nation that support Alterra’s “mission of building wealth through homeownership” and who “take pride in everything they do.”
“This is how we serve our communities. This is who we are,” Middleton said.