Mark Dellonte
President, Love Funding
Washington, D.C.
A member of the Love Funding team since 2000, Mr. Dellonte became President of the company in May 2007. In this capacity, he is responsible for the overall profitability of Love Funding’s national operations and all14 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 15 years of experience in underwriting and management, Mr. Dellonte most recently 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 who have helped propel Love Funding to one of the top FHA lenders in the industry. Prior to that, he served as Chief Underwriter for the company. During that time, Love Funding grew to HUD’s 5th largest lender in terms of number of loans.
Before joining Love Funding, Mr. Dellonte spent nine years with a national Government contracting firm responsible for new business development and overseeing 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, most recently at the Crittenden National Conference, where he spoke about senior housing financing strategies. He has also spoken at 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.