Spring EQ has added two employees to its Wholesale Lending team as Paul Saurbier has been promoted to SVP of the Wholesale Lending Division and Shawn O’Brien has joined the company as VP of Sales for Wholesale Lending.
Saurbier joined Spring EQ in 2019 as VP of Sales, where he helped establish a new wholesale division. In his new role as senior vice president of wholesale lending, he will be responsible for the overall results and profitability of the division. Saurbier has over 30 years of mortgage industry experience and has held senior positions at several companies including Quicken Loans, HSBC, Indymac Bank, Key Bank and GE Capital.
O’Brien brings nearly 30 years of industry experience to his new role as VP of Sales for Spring EQ’s Wholesale Lending Group, where he will lead the sales team and partnership relationships. Most recently, O’Brien served as divisional vice president for Quicken Loans, where he spent more than a decade of his career. He previously held positions at HSBC and various mortgage lenders.
“As the market prepares for rising mortgage rates, we are delighted that Paul and Shawn – both highly qualified and experienced professionals with decades of experience – will lead our wholesale team through a busy and successful year,” said Jerry Schiano, CEO of Spring EQ . “Both will play critical roles in enabling Spring EQ to help borrowers meet their financial goals and meet their growing home equity needs in 2022.”