LinkedInJim Pomposelli

Jim Pomposelli

Vice President at Perl Mortgage

Location
Greater Chicago Area
Industry
Financial Services
Current
  1. Perl Mortgage,
  2. Lincoln Park Chamber of Commerce
Previous
  1. The Federal Savings Bank,
  2. Homebuilders Association of Greater Chicagoland,
  3. Mortgage Direct, Inc
Education
  1. Georgetown University
Recommendations9 people have recommended Jim
Websites
500+connections

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Perl Mortgage

Perl Mortgage

Vice President

– Present

View full profile

Background

Summary

There are two key skills that I personally bring to my clients:

First, after working twelve (12) years as an investment banker in mortgage-backed securities, I have the experience to structure loans to work with:
•low down payments
•removal of mortgage insurance
•investment properties/second homes
•credit issues and credit repair
•fixed income from social security or disability payments
•first time buyers and new home buyers
•FHA, VA and HARP loans
•home equity lines of credit, and
•competitive jumbo products.

Second, by working with fortune 500 clients for twelve (12) years, I apply the same level of professionalism, integrity, ethics and customer service to all of my clients whether it is a $1 million refinance for a CEO or a $200,000 loan for a new home buyer. Most of all, I personally serve all of your mortgage needs and am available 24/7.

HONORED TO BE AMONG Chicago Agent's 2011 Who's Who in Chicagoland Real Estate

Specialties: After 12 years in investment banking in the mortgage-backed securities markets, my expertise in how the capital markets function and impact the pricing and structure of home loans is a uniquest competitive advantage. More importantly, my 12 years of experience working with Fortune 500 companies at JP Morgan and its predecessor firms ensures a dedication to ethical responsibility, a high level of attention to detail and a dedicated approach to client service.

Experience

Vice President

Perl Mortgage
– Present (4 months)837 N Milwaukee Ave

As a mortgage banker, I am dedicated to helping my clients make the most informed mortgage decision possible, one that integrates with their personal financial plan and major life goals like retirement and wealth accumulation. I strive to provide the opportunity for every client to begin and end each transaction with the highest possible level of confidence and trust over the mortgage process from the application to the closing. I successfully leverage relations with Realtors, Attorneys, Financial Planners, Estate Planners and Insurance Agents to provide the best possible service to my clients and to ensure that my relationships with these fellow service providers are both fair and mutually beneficial.

Member of Board of Directors

Lincoln Park Chamber of Commerce
– Present (8 years)

Active member since 2009, current member of the Board of Directors, member of the Finance Committee, and one of five members on the Executive Board for the LPCC Board of Directors. Responsible for finance related projects.

Vice President

The Federal Savings Bank
(3 years 4 months)Greater Chicago Area

As a mortgage banker, I am dedicated to helping my clients make the most informed mortgage decision possible, one that integrates with their personal financial plan and major life goals like retirement and wealth accumulation. I strive to provide the opportunity for every client to begin and end each transaction with the highest possible level of confidence and trust over the mortgage process from the application to the closing. I successfully leverage relations with Realtors, Attorneys, Financial Planners, Estate Planners and Insurance Agents to provide the best possible service to my clients and to ensure that my relationships with these fellow service providers are both fair and mutually beneficial.

Treasurer, Board of Directors

Homebuilders Association of Greater Chicagoland
(2 years 8 months)

Mortgage Banker

Mortgage Direct, Inc
(2 years 4 months)

Associate Director

University of Chicago Medical Center
(1 year)

Responsible for raising $1 to $5 million annually to advance the fundraising priorities of the University of Chicago Medical Center. Manage a portfolio of 100 to 125 prospects, who are primarily Alumni of the Pritzker School of Medicine and/or the Biological Sciences Division and may also be families, foundations and/or organizations. Design and implement fundraising initiatives; form and implement identification strategies and individualized cultivation and solicitation strategies for prospective donors and donors with the capacity to make gifts in the $100K to $5M range. Collaborate with University of Chicago Medical Center faculty, trustees, leaders and administrators. Collaborate with Medical Center Development Alumni Relations and Alumni Annual Funds teams. Collaborate with Donor Relations team to individualize donor stewardship and in many cases design and implement stewardship.

CFO

Fave Media Inc
(2 years)

Officer and director of a local search and internet video advertising early stage venture. Developed the sales, financial, legal and operational groundwork for the company’s advertiser revenue model including attracting the initial advertiser clients, establishing the sales team and growing the number of paid advertisers to over 130. Built financial and administrative infrastructure of the company including the creation of credit card processing, record keeping, accounting policies, employee handbook, payroll systems, benefit packages and internal financial control. Created cash flow projection model, pro-forma financial, business plan, presentation materials and transactional documents for $1.625 million Class B capital round.

Principal

Beacon Legal Finance
(2 years)

Created start-up litigation finance company by drafting formation and operating documents, writing financing contracts, applying for relevant licenses, assembling three-person management team, conducting legal research in 20 states. Arranged $42 million of preferred equity from a $6 billion hedge fund and $400,000 of preferred equity and subordinated debt from an angel investor by creating business plan, developing cash flow model and pro-forma financial statements, writing offering documents and conducting face-to-face investor presentations and due diligence meetings. Ran day-to-day operations, including hiring 5 customer service representatives, executing and funding contracts, managing books and records, overseeing annual pay-per-click internet marketing budget of $300,000, working with independent brokers and developing a system for origination, underwriting and servicing. Sold assets of Beacon Legal Finance to litigation finance company in 2006.

Managing Director

Bank One
(3 years)

Built auto/equipment asset-backed debt business that previously earned $1 million of annual revenue with no lead managed transactions into a business with over $18 million of revenue, 14 lead mandates, and a #1 league table ranking in 2002. Established Bank One’s capital markets relationships with both Ford and GM by lead managing 3 asset-backed debt deals for Ford and 7 for GM, and by earning more asset-backed fees from each firm than any other Wall Street dealer in 2002. Met with over 50 investors in one-on-one issuer/investor meetings and client due diligence. Determined the value of financial assets using a modified Discounted Cash Flow (“DCF”) model that calculated the net present value of projected future cash flows of loans and leases using loss, discount rate and payment assumptions. Hired and/or trained 2 Directors and 6 Associates to market, structure and document asset-backed debt transactions.

Vice President

J.P. Morgan
(9 years)

Oversaw asset-backed investment banking origination for the auto/equipment, and home equity finance sectors. Conducted due diligence, drafted information memorandums, assembled information for data room, developed models similar to a DCF model and performed valuation analyses for both M&A and asset-backed debt transactions. Participated directly on a variety of advisory projects including KeyCorp.’s acquisition of Champion Mortgage, Cargill Financial’s attempted spin-off of Access Financial and the Associates’ attempted bid for the Money Store. Led the valuation analysis of equipment lease financial assets for CIT’s acquisition of Newcourt.

Volunteer Experience & Causes

Troop Committee Chair

Troop 1, Boy Scouts of America
Children

Opportunities Jim is looking for:

Causes Jim cares about:

Organizations Jim supports:

Languages

  1. French

Skills

  • Mortgage Lending
  • Real Estate
  • Loans
  • Marketing
  • Credit
  • Sales
  • Loan Origination
  • Finance
  • Social Media
  • refinance
  • First Time Home Buyers
  • Single Family Homes
  • Residential Homes
  • Mortgage Banking
  • Residential Mortgages
  • Banking
  • Foreclosures
  • Bankruptcy
  • Lines Of Credit
  • Credit Risk
  • Financial Analysis
  • Refinance
  • New Homebuyer
  • Chicago Mortgage Lending
  • Chicago Refinance
  • Home Equity Lines of...
  • Downpayment Assistance
  • Credit Repair
  • Condos
  • Condominium Mortgage
  • Securitization
  • Mortgage-Backed...
  • Yelp
  • Sellers
  • Debt Settlement
  • MBS
  • Small Business
  • Credit Analysis
  • Fundraising
  • Real Estate Transactions
  • Budgets
  • Financial Services
  • Investors
  • Commercial Mortgages
  • Leadership
  • Business Planning
  • Underwriting
  • Due Diligence
  • Start-ups
  • Cash Flow
  • See 35+  See less

Education

Georgetown University

Bachelor of Science (BS), Foreign Service

St. Johns High School Shrewsbury

High School, High School Diploma

Honors & Awards

Eagle Scout

Groups

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