Boston-based Rui Chaves, with over 20 years of experience in financial lending and mortgage, has joined Summit Funding to spearhead its growth in the Northeast.
“New England is a tough market to compete in. In order to be successful there, you have to have an amazing leader like Rui Chaves. He truly cares about investing in his teams and developing their business. With Rui leading the charge, Summit will bring a new and fresh approach to the marketplace,” said Deran Pennington, East Coast divisional leader.
Since the beginning of 2024, Summit Funding has hired nearly 50 loan officers and onboarded four major branches as part of its strategic expansion plan.
“Summit Funding has always been an attractive place to originate because of how much the company develops their loan officers,” said Chris Shelton, divisional sales leader. “Loan officers like Stacey Duncan are becoming attracted to a company that practices what they preach when it comes to development of the LO. The days of talking about doing it versus taking action are over; LO’s want a company that takes action.”
“Great people like Rui, Jason, and Stacey have the results of 5-10 people. I am a believer in fewer people who are more effective leaders, and that is what we are building,” Scrima added. “Our belief is the same with hiring loan officers: hire fewer of them and get them to 10-30 loans per month through teamwork, collaboration, and massive marketing and sales.”
