BALTIMORE, July 15,
2024 /PRNewswire/ -- Dominion Financial Services, a
leading national private lender for real estate investors, is
pleased to announce the appointment of Dustin Wells as President of its newly
established Wholesale Division. This move will expand Dominion's
reach and strengthen its position in the real estate lending
market.
Dustin Wells brings over two
decades of experience in financial services, with a proven track
record of driving growth and innovation. His expertise in wholesale
lending and deep understanding of the real estate market make him
the ideal leader for Dominion's Wholesale Division. Wells' vision
aligns with Dominion's commitment to providing exceptional service
and tailored financial solutions to real estate investors.
"We couldn't be more excited to have Dustin join the team and
lead Dominion's expansion into wholesale lending," stated
Jack BeVier, Partner, Dominion
Financial Services. "We pride ourselves on having an
entrepreneurial culture and Dustin fits right in. Dominion has a
track record of leaning into opportunities while others are
retreating. I'm excited to see Dustin grow the Division and for
Dominion to become a go-to lender for all non-QM and traditional
mortgage offerings."
Dominion Financial Services has built a reputation for
delivering comprehensive residential real estate loan products,
including short-term bridge loans and long-term rental loans. The
addition of the Wholesale Division will further diversify
Dominion's portfolio and allow the company to serve a wider array
of clients, including the rapidly growing segment of brokers.
"I am incredibly excited to join such a diverse organization. I
look forward to building, through continuous collaborative efforts,
a business platform which, over the course of time, gains
consistent market share year over year while providing a measurable
and consistent return on capital," Dustin
Wells stated. "Dominion has been providing real estate
financing solutions to the market for over a decade and with the
expansion into Wholesale we open those solutions up to a rapidly
growing segment of the financial services industry, Mortgage
Brokers."
The Wholesale Division will focus on providing tailored
financial products that address the unique needs of brokers. "The
timing could not be better for us to enter this market with our
solutions-based approach to this product segment - the broker
community is the most significant it has been since 2009, with
almost 25% market share of mortgage transaction activity," Wells
said. "The broker community is scaling rapidly as more and more
banks are scaling their operations back."
This expansion enhances Dominion's product offerings and expands
its customer base, positioning Dominion as a leader in the private
lending sector. For more information about Dominion Financial
Services, please visit www.dominionfinancialservices.com.
About Dominion Financial Services:
Dominion Financial
Services is a premier national lender specializing in providing
customized financial solutions for real estate investors. With a
focus on speed, service and reliability, DFS offers a full suite of
lending products designed to meet the unique needs of today's
dynamic real estate investors Since its founding in 2002, DFS has
funded more than 11,000 projects nationally, totaling more than
$3 Billion in loan originations.
Contact Information:
Kevin
Crittenden
VP of Marketing
Dominion Financial Services
Dominionfinancialservices.com
kevinc@thedominiongroup.com
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SOURCE Dominion Financial Services