Rich Pinnell

Entered the Mortgage business in 2013 with a local mortgage broker.

My very first loan was a Reverse Mortgage for purchase.

After a year with the local broker, I moved to a much larger company, Banc Home Loans. While at Banc Home Loans I transitioned a full time reverse mortgage LO in their reverse mortgage div. That was a great company and would have been happy to stay with the them and continued in the reverse mortgage div but Banc was sold to Caliber Home Loans. That was not a good fit for me (nor the rest of the local Banc branch) and we all moved to a regional lender based in Sacramento, that company (Vitek Mortgage) was a great fit since the owners were deeply committed to the reverse mortgage products, after about a year the owners of Vitek decided to  sell the company to Guild Mortgage.

Guild at the time had not decided to support the Reverse Mortgage industry and I moved along to Primary Residential Mortgage, who at the time had just brought on a leadership team to develop a reverse mortgage div, they were making great strides and reach the top 20 reverse mortgage producers in the nation, then during the last 6 months as the mortgage industry started to slow down PRMI decided to support their core business (forward mortgages) and backed away from the reverse mortgage side of the industry.

I now find myself back with the GREAT team at the Guild Redding office and looking forward to growing the reverse business in this market place.

On the personal sided, my wife and I have the great blessing of having our sons, their wife’s and 4 grand children living in the immediate area. We’ve been involved in the northern California Youth Soccer community for the past 30 years, for 16 of those years I served on the Cal North Youth Soccer board, an organization that provided opportunities for over 200,000 kids to play soccer.