MONETA, VA — Movement Mortgage, the nation’s sixth-largest retail mortgage lender, is excited to announce the hiring of industry veteran Thomas Ulbrich as a Branch Team Lead in the Smith Mountain Lake area of Virginia.
Ulbrich (NMLS #291329) brings with him over 30 years of mortgage experience in residential real estate financing. Most recently, he spent more than a decade as a Private Mortgage Banker at Wells Fargo Home Mortgage ( SML and Roanoke). Prior to that, he owned and operated Dependable Mortgage Funding Corp for 15 years, with interim stints at National City, First Horizon and Embrace.
In the 1980s, Ulbrich was a bank fraud investigator working with local law enforcement, the Secret Service and the FBI. He studied at Rollins College, Crummer Graduate School of Business and continues learning the interpretation and fine intricacies of underwriting guidelines, documentation and Business/Law.
Ulbrich, who closed nearly $70 million in the past 12 months, is a strategic mortgage advisor specializing in helping the small business owner, self employed, executives, first-time home buyers and real estate investors. “A large percentage of my clients are buying 2nd ¸recently retired and sitting on large nest eggs but don’t have traditional income. This is my niche,” said Tom. I love to provide value for my clients. Many have been with me for 30 years.
“Wells Fargo Private Mortgage has been very good to me for the past ten years,” said Ulbrich when asked about his decision to make the switch to Movement. “It was a tough call, but I was interested in eliminating big bank bureaucracy and was amazed at how my values align so well with Movement.”
One of his passions is Coats 4 Kids. Since 2017, Ulbrich has raised money, matched money and anonymously donated winter coats to local elementary schools. This year, through Christ Community Church Family Outreach, over 3,000 hooded jackets have already been purchased for delivery. “I have always tried to make a difference, work behind the scenes and put my money where my passion is,” said Ulbrich. “And that’s what Movement is all about.” I am excited they will match my donations.
Ulbrich reports to Roanoke area Market Leader David Henry (NMLS #272168). “We are thrilled to have Tom join our team,” said Henry. “He is not only the top Mortgage Banker at Smith Mountain Lake, he also has a giving heart making him a perfect fit for our culture at Movement Mortgage.”
Ulbrich lives in the SML area with Patricia, his wife of 26 years. When not working, he spends time with his two dogs and enjoys golf, boating, track days at Virginia International Raceway and a good game of chess.
About Movement Mortgage
Movement Mortgage exists to love and value people by leading a Movement of Change in its industry, corporate culture and communities. Funding approximately $30 billion in residential mortgages annually, Movement is the sixth-largest retail mortgage lender in the US Movement is best known for its innovative mortgage process and referable experience, which begins with Upfront Underwriting and a seven-day loan processing goal. The company employs more than 4,000 people, has more than 650 branches in the US and is licensed in 50 states. After funding its balance sheet and investing in future growth, Movement’s profits are paid to its primary shareholder, the nonprofit Movement Foundation. To date, Movement Foundation has received more than $260 million of Movement profit to invest in schools, affordable housing, communities and global outreach. For more information, visit www.movement.com.