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Veteran Mortgage Executive Rick Cardillo joins 1st Alliance lending to lead new multi-channel, national lending division

EAST HARTFORD, CT, (February 2, 2015) — 1^st Alliance Lending, LLC (www.1stalliancelending.com), a full service mortgage banking and servicing company offering Federal Housing Administration (FHA), Veterans Administration (VA) and conventional mortgage products nationwide, has named Rick Cardillo as its national director of business development.

Mr. Cardillo is a nationally recognized, mortgage banking executive with over 27 years of mortgage and consumer banking experience. He has held senior positions at Nationstar, CitiFinancial Mortgage, Bank of America and Morgan Stanley Credit Services. In his new role, Mr. Cardillo will lead 1st Alliance Lending’s multi-channel national lending program, including developing relationships with mortgage bankers, brokers, credit unions, community banks and Realtors who seek to enhance their mortgage offerings to underserved borrowers.

“1^st Alliance Lending has established itself as a premiere FHA lender that is willing to go the extra mile for the underserved borrower,” said Mr. Cardillo. “The market for FHA lending programs is enormous, but very few companies are equipped to help those individuals access the credit they need to buy homes.”

About 1^st Alliance Lending
1^st Alliance Lending, LLC (www.1stalliancelending.com) is a nationally licensed, full service mortgage banking and servicing company offering FHA, VA and conventional mortgage products. The company’s primary focus has beensaving homeowners from foreclosure through the use of government‐backed refinance programs and assisting once-challenged borrowers seeking to purchase homes. Headquartered in East Hartford, Connecticut, the company employs 140 persons and has been recognized by the Hartford Courant as one of the top employers in the state.