A member of the Love Funding team and Executive Management of the company since 2000, Mr. Dellonte became President of the company in May 2007 and CEO in August 2012. In this capacity, he is responsible for the overall profitability of Love Funding’s national operations and all 12 offices. He directly oversees origination of loans, marketing, business development, funding source relationships and staffing to implement the company’s ongoing commitment to production and servicing growth.
With more than 20 years of experience in commercial real estate underwriting and management, Mr. Dellonte previously served as senior vice president and managing director of agency lending for Love Funding. His responsibilities included all FHA production and underwriting and overseeing a veteran team of originators. Prior to that he served as chief underwriter for the company. During his time at Love Funding the company has grown into a premier FHA multifamily and healthcare lender is currently ranked as one of the top HUD lenders in the country.
Before joining Love Funding, Mr. Dellonte spent nine years with a national government contracting firm responsible for new business development. He also oversaw several of the firm’s largest contracts with HUD. He was primarily responsible for managing the firm’s delegated underwriting services and a national contract to perform physical inspections for HUD. Prior to this, Mr. Dellonte worked for the Resolution Trust Corporation (RTC) and the Federal Savings and Loan Insurance Corporation (FSLIC) in the organization’s receivership operations conducting bank valuations, failed bank closings and providing asset management and workouts.
Mr. Dellonte has had multiple speaking engagements, including the Ginnie Mae MBS Issuer Training Seminars and the Association of Ohio Philanthropic Homes and Housing for the Aged (AOPHA).
Mr. Dellonte holds a Bachelor of Science in finance from the American University in Washington, D.C.