Terence Murray has joined Alterra Home Loans as the new Western Division Sales & Expansion VP, responsible for managing and supporting Alterra’s retail production and expansion in the company’s western region.
Murray brings more than a decade of mortgage industry experience to Alterra. Prior to joining Alterra Home Loans, Murray worked at Prospect Mortgage, LLC, as Regional Sales Expansion Manager, where his responsibilities included bringing $350 million to $400 million in annual closed loan production. His efforts resulted in bringing new branches to strategic markets, and he received several industry awards for his work. Prior to joining Prospect Mortgage, Murray worked at Merrill Lynch as a senior loan consultant and mortgage banker.
“I joined Alterra because this team is truly committed to their community, from loan officers, to referral partners, to their clients,” Murray said. “I believe in the leadership, culture and vision here, all which has built an infrastructure that sets us up for continued success and longevity in this business.”
Murray will utilize his expertise to expand Alterra’s presence in the western region and achieve the company’s mission of creating wealth through homeownership, according to the announcement.
“Terence not only fits the Alterra culture and beliefs, but his skills and experience will help us reach our growth goals,” said President and CEO Jason Madiedo. “We are extremely excited to have him join our family.”