Love Funding promoted Angela Folkers to the position of senior vice president and chief underwriter. In her new role, Folkers is responsible for overseeing Love Funding’s underwriting team and procedures. She will train and manage the underwriting staff, loan production specialists and analysts. Folkers, who previously served as Love Funding’s deputy chief underwriter, has extensive experience working with loan originators and the underwriting department, overseeing transactions from concept through to closing. Since joining Love Funding in 2005, Folkers has underwritten more than 40 transactions in excess of $600 million.
“Angela’s leadership and commitment to helping clients have helped Love Funding grow over the past 11 years and we have full confidence in her ability to head our underwriting efforts,” said Love Funding President and Chief Executive Officer Mark Dellonte. “This is a well deserved promotion for Angela, and she is undeniably ready for the challenge.”
Folkers’ career in mortgage banking began in 2002 with Prudential Mortgage Capital Company, where she worked as a senior investment analyst in their Portfolio Management Group. She earned a Bachelor’s of Business Administration from the Terry College of Business at the University of Georgia. Folkers is a MAP-approved underwriter for all multifamily programs and has LEAN underwriting experience.