Company News

We are excited to announce the newest addition to our Presidential Bank Mortgage family, John Pruitt.  With his impressive background in the mortgage industry and a wealth of leadership experience, John joins our senior management team as the Senior Vice President of Production and Strategic Initiatives. His initial focus will be on spearheading the development of our expansion into the Southeast and we couldn't be more excited about the level of expertise he brings to our organization.

John comes to us with a remarkable track record, having held key leadership positions as the Regional Manager for SunTrust Mortgage in the Carolinas and Georgia, as well as the Director of Mortgage Lending for Fidelity Bank Atlanta.  Under his direction, both SunTrust and Fidelity secured the number one market share rankings in Georgia.  His accomplishments also extend beyond the corporate world, as he served on advisory boards for Fannie Mae and The Federal Home Loan Bank of Atlanta, as well as multiple non-profits dedicated to homeownership and financial well-being.

Born and raised on the Eastern Shore of Maryland, John’s understanding of the importance of family and community resonates deeply with our values here at Presidential Bank Mortgage. He is happily married to his wife Denise and a proud father to his daughter, Anna. John's educational background includes a BA in Economics and Business from Randolph Macon College.  Besides his passion for the mortgage industry, he is also an avid golfer and outdoors enthusiast who enjoys spending quality time with family and friends.

Presidential Bank Mortgage has been named one of America's Top 10 Performers (Small Division Company) for customer satisfaction in 2022. In addition to this outstanding recognition for our company, we are immensely proud to share that Mike Hacker has been named as a 2022 National Top Performer, achieving the remarkable distinction of being in the Top 1%. Both recognitions highlight our testament to our unwavering commitment to providing exceptional service and fostering strong relationships with our valued clients.

The results were determined based on survey completion rates, the number of reviews, and the star ratings submitted to the Experience.com platform by verified customers. Notably, Experience.com assessed millions of customer reviews across nearly 50,000 individual loan officers from over 350 companies, making it the most extensive customer satisfaction index in the mortgage industry.

Presidential Bank Mortgage is excited to welcome Patrice Munroe (Crofton Branch) and Vee Johnson (Colonial Heights Branch) as the latest additions to its team of outstanding Loan Officers. With a combined experience spanning several decades in the mortgage industry, these accomplished professionals bring a wealth of knowledge and expertise to our organization.

Patrice Munroe's extensive background in various mortgage programs, including USDA, VA, FHA, Conventional, Jumbo, Maryland Mortgage Program, construction, and renovation loans, positions her as a trusted advisor for clients seeking tailored mortgage solutions. Her dedication to providing top-notch service ensures a seamless and stress-free experience for first-time buyers, move-up buyers, and those interested in investment properties alike. Furthermore, her proficiency in navigating down payment assistance programs allows borrowers to achieve their financial goals with confidence.

Meanwhile, Vee Johnson's unwavering passion for helping clients achieve homeownership fuels her commitment to excellence. Having witnessed remarkable changes in the mortgage industry, Vee understands the importance of adapting to market trends while maintaining a client-centric approach. She takes pride in guiding borrowers through home purchases, refinancing, and investment endeavors with professionalism and care. Beyond the transactional aspects, Vee's dedication to empowering borrowers through comprehensive guidance and valuable insights sets her apart as a true partner in their journey towards success.

Presidential Bank Mortgage is confident that the invaluable expertise and dedication of Patrice Munroe and Vee Johnson will not only enrich our team but also elevate our commitment to delivering exceptional customer service. As we continue to help our clients achieve their homeownership dreams, we are thrilled to have these two remarkable individuals on board to make a lasting impact in the mortgage industry.

Presidential Bank Mortgage has been selected as an approved lender for the Fairfax County Affordable Dwelling Unit (ADU) and Workforce Dwelling Unit programs. This significant milestone reflects our commitment to making homeownership more accessible to the community. As an approved lender, we will now be able to offer tailored financial solutions and expert guidance to qualified individuals and families seeking affordable housing options in Fairfax County, VA. At Presidential Bank Mortgage, we believe everyone deserves a place to call home, and we are dedicated to helping our clients achieve their homeownership dreams through these essential programs. Together, we can build a stronger and more inclusive community.

Presidential Bank Mortgage loan officer John Melnick (Fairfax Branch) recently attended the Northern Virginia Association of Realtors (NVAR) event, "Discovering Affordable Housing," hosted by the Diversity, Equity and Inclusion Advisory Group and Public Policy Committee. In an effort to address the challenges of finding affordable housing, the event brought together experts from Fairfax County, Arlington County, the City of Alexandria, Virginia Housing, and the Northern Virginia Affordable Housing Alliance to share invaluable insights on locating comfortable and budget-friendly homes. At Presidential Bank Mortgage, we understand the importance of finding the right resources to make homeownership accessible and are committed to helping you find the answers you need.

Presidential Bank Mortgage proudly participated in the Mortgage Bankers Association's (MBA) eighth annual action week, a nationwide campaign aimed at growing the Mortgage Action Alliance (MAA), a non-partisan grassroots advocacy network. Recognizing the importance of having a strong voice in shaping legislation and regulations, Presidential Bank Mortgage joined forces with over 80 companies across the country to support this effort.

The MAA empowers industry advocates to actively participate in the political process and make a difference in our industry's future. By uniting all industry advocates, it ensures that our voices are heard, enabling us to impact our company, customers, and the broader economy. Presidential Bank Mortgage's commitment to strengthening the industry's voice was evident through the participation of over 30 new members, placing us 35th in the nation for memberships, surpassing even some major lenders.

The overall campaign was a resounding success, with 8,145 people participating, including 4,182 renewals and 3,930 new members. This remarkable engagement demonstrates the industry's dedication to actively shape the legislative and regulatory landscape. Presidential Bank Mortgage is proud to be part of this movement, ensuring that our industry's well-being and future remain in capable hands.

Presidential Bank Mortgage loan officer John Melnick (Fairfax Branch) recently played a pivotal role in Virginia Housing's Qualified Homeownership Education Training course. This comprehensive, one-day training equips potential homeowners with the knowledge and skills necessary to navigate the entire homebuying process successfully. With a focus on responsible homeownership, the course covers everything from the initial steps to staying on track long-term.

As a qualified trainer for Virginia Housing's Homeownership Education Program, John shared valuable insights with participants, emphasizing the importance of making smart financial decisions to strengthen and safeguard their credit. His expertise in exploring the loan process proved invaluable, empowering attendees to make informed choices when it comes to financing their dream homes.

Through his involvement, John exemplifies Presidential Bank Mortgage's commitment to providing exceptional guidance and support to individuals pursuing homeownership. By contributing to the education and empowerment of potential homebuyers, John and Presidential Bank Mortgage help shape a more informed and financially responsible community.

Presidential Bank Mortgage Branch Managers Paul Johnston and Rich Green were honored to participate in the highly anticipated Housing Authority of Prince George's County Welcome Home Showcase. This exceptional event served as a platform for county residents and potential residents alike, offering a comprehensive overview of housing options within the county. With their extensive expertise in mortgage lending, Johnston and Green eagerly shared valuable insights and guidance, helping attendees navigate the complex world of homeownership. Their presence at the showcase underscored Presidential Bank Mortgage's commitment to empowering individuals and families in Prince George's County to achieve their dreams of finding the perfect home.

Jim Moss, Loan Officer at the Frederick branch, recently partnered with the Hagerstown Home Store to lead a “You Can Be a Homeowner” workshop. The 3-hour workshop outlines the steps to take to help local residents prepare for the homebuying process. Presidential's belief in giving back is exemplified by Jim's dedication and commitment to serving his community.

Presidential Bank Mortgage Company is thrilled to announce Patrick Kelley as the newest addition to its team of talented professionals. As a distinguished mortgage loan officer for over 27 years, Mr. Kelley brings a wealth of experience and expertise to our organization.

With an impressive track record in the mortgage industry, Patrick Kelley has established himself as a trusted advisor for countless homebuyers. His exceptional knowledge of the market, commitment to personalized service, and dedication to finding the best financial solutions make him a perfect fit for Presidential Bank Mortgage.

"We are delighted to have Patrick Kelley join our team," said Michael Carr, EVP of Presidential Bank Mortgage. "His proven ability to guide clients through the mortgage process with professionalism and integrity aligns perfectly with our core values. We are confident that Patrick will play a pivotal role in helping our clients achieve their homeownership dreams."

Presidential Bank Mortgage loan officer John Melnick (Fairfax Branch) demonstrated his dedication to empowering first-time homebuyers by presenting a comprehensive homebuyer education class in collaboration with Cornerstones, a nonprofit organization committed to assisting individuals in need of essential services such as affordable housing, food, and shelter. As part of the Virginia Housing Homeownership Education Program, John took the lead in the lending segment of the class, providing valuable insights and guidance to attendees. By successfully completing the Virginia Housing certified class, participants earned their Virginia Housing homebuyer education certification, enabling them to qualify for a Virginia Housing mortgage. Through his partnership with Cornerstones, John Melnick continues to help prospective homeowners navigate the home buying process with confidence and knowledge.

Our very own Susan Slaughter (Frederick Branch) has been awarded the Strategic Partner of the Year Award from the Frederick County Association of Realtors! Susan's hard work and dedication to the real estate industry have been nothing short of exceptional. Her expertise and professionalism have been invaluable to our company and we are proud to have her on our team. We are honored to be working alongside such an accomplished and talented professional!
 

Scott Whittle, Branch Manager of the Colonial Heights branch, has been nominated for the Next Gen Leaders 40 under 40 award by the Southern Virginia Regional Chamber of Commerce. This prestigious award recognizes outstanding young professionals who have made significant contributions to their communities and industries. Scott's dedication to our company and his commitment to serving our clients have not gone unnoticed. We're proud to have Scott as a member of our team and his exceptional leadership skills has played an instrumental role in the success of our Southern Virginia location. 

Jim Moss, Loan Officer at the Frederick branch, recently partnered with the Hagerstown Home Store to lead a “You Can Be a Homeowner” workshop. The 3-hour workshop outlines the steps to take to help local residents prepare for the homebuying process. Presidential's belief in giving back is exemplified by Jim's dedication and commitment to serving his community.

Presidential Bank Mortgage (PBM) was a proud supporter of the 13th Annual Northern Virginia Housing Expo on April 1, 2023 that showcased first-time homeownership opportunities. PBM has been a long-standing partner with the expo that welcomes thousands of people looking for free resources, education and finance guidance for first-time homebuyers and renter throughout Nothern Virginia. Senior Loan Officer John Melnick from the Fairfax Office led a workshop at the event titled "Get Yourself Ready to Buy!".

For more information on the NOVA Expo, visit their site here.

Presidential Bank Mortgage Frederick Office proudly was a sponsor at the Oakdale High School Baseball program's first annual golf outing on April 7, 2023, at the Maryland National Golf Club in Middletown, MD. This exciting event brought together the local community and avid golfers to support the development of student athletes and the growth of the baseball program. With the generous proceeds from the event, the Oakdale High School Baseball program is now equipped to build a strong foundation, providing opportunities for aspiring athletes to flourish and excel. Presidential Bank Mortgage remains committed to empowering youth and fostering athletic excellence in the community.

The Southern Virginia (SOVA) Chamber of Commerce recently announced Presidential Bank Mortgage as its Business of the Month recipient based on outstanding continuous community support and leadership in the region.

 The Sova Chamber of Commerce is business and professional people united to enhance, promote and serve the businesses and educational community. It provides the leadership to advocate and assist in implementing solutions to problems not only in the local community, but statewide.

The Mortgage Division of Presidential Bank announced the acquisition of several mortgage industry leaders, continuing its expansion of mortgage lending services in key Maryland communities. Presidential has been able to avail itself of the opportunities created by turmoil in the financial services industry over the past year to selectively recruit additional talented mortgage executives. Recently added mortgage professionals include:

Keith Brewer, formerly branch manager of the mortgage origination office of BayFirst National Bank in Eldersburg, MD, recently joined Presidential Bank Mortgage as SVP, Mortgage Lending, in the Baltimore market area. Mr. Brewer has been in the mortgage industry for 25 years and significantly grew the BayFirst production as manager of its Baltimore area office. Nine additional loan officers and processors from BayFirst, all with over 20-year experience, have joined him at Presidential, providing exceptional access and service for the greater Baltimore area.

Cody Gaertner, Secondary Marketing and Lock Desk Manager, joined Presidential Bank Mortgage from Compass Analytics, where he served as Hedge Manager. As an advisor to numerous mortgage companies and their Secondary Marketing departments, Mr. Gaertner developed an advanced understanding of Mortgage Capital Markets, fixed income trading, and various risk management techniques, which helped the companies he advised to maximize loan sale profitability and improve their hedge reporting capabilities. In this role for Presidential, he continues to advance Presidential’s capital markets capabilities, improve its originator service and create efficiencies.

Tom O’Keefe joins Presidential Bank Mortgage after managing Mission Mortgage. A life-long Bethesda, MD resident, he has been a leader, mentor, and originator in the mortgage business in the Washington, DC metropolitan area for over 27 years. He has enjoyed multi-year recognition as one the nation’s top lenders by Scotsman Guide and Mortgage Executive Magazine. Mr. O’Keefe will work from Presidential’s Gaithersburg, MD office, serving Montgomery County and surrounding markets.

Virginia Housing recently recognized Presidential Bank Mortgage Loan Officers Scott Whittle (Colonial Heights) and Mina Snead (Richmond) branches as a Top Producing Loan Officer in Virginia (Bronze Circle)

 Presidential Bank Mortgage is proud to be a partner with the Virginia Housing to help more Virginians attain quality, affordable housing. 

The Washington Business Journal released its annual Top Lender in the DC Metro Area list and ranked Presidential Bank Mortgage #11 overall in 2022. Every year, the Washington Business Journal identifies the largest home mortgage lenders in the Greater D.C area based on loan volume from the previous year.
 
“It is a tremendous honor for our company and our team to have been recognized by the Washington Business Journal as one of the top mortgage lenders in the Greater D.C. area,” said Michael Carr, EVP of mortgage lending. “I am exceptionally proud of our team and the determination and commitment shown as they managed the market volatility while at the same time handling the pressure in a professional and customer service-oriented manner. With the Bank’s commitment to mortgage banking, I’m confident we will remain well-positioned to be one of the top mortgage companies for years to come.”

To see the full list, click here.

Presidential Bank Mortgage was recently named one of America's Top 10 Performers (Small-Sized Company) for customer satisfaction in 2021. Four loan officers were also recognized as 2021 National Top Performer Top 1% achievement:

Mike Bradley
Chris Maher 
Ray Putt

The results were based on survey completion rates, the number of reviews, and the star ratings submitted to the Experience.com platform by verified customers. Millions of customer reviews on nearly 40,000 individual loan officers from over 350 companies were scored by Experience.com, by far the largest customer satisfaction index in the mortgage industry.

Presidential Bank Mortgage is proud to announce that we have moved up one spot on the “Largest Home Mortgage Lenders in Greater D.C.” by the Washington Business Journal. We were ranked #11 by the 2020 metro-area loan volume.

To see the full list, click here.

For the past several years, the employees of the Richmond and Charlottesville have participated in Neighbors Helping Neighbors during the holiday season. This year, the branch purchased gift cards for a 9 year old girl and a four year old boy to help bring a smile to their faces on Christmas Day.

Virginia Housing recently recognized Presidential Bank Mortgage Loan Officers in our Colonial Heights and Richmond branches as a Top Producing Loan Officer in Virginia:

 Platinum Circle: Scott Whittle
 Bronze Circle: Mina Snead, and Belynda Wilson

Presidential Bank Mortgage is proud to be a partner with the Virginia Housing to help more Virginians attain quality, affordable housing. 

Presidential Bank Mortgage was recently featured in a case study by Top of Mind Networks, a leading customer relationship management program. Read the full case study here to learn how we use technology to enhance the home buying process.

The Independent Community Banker's Association (ICBA) recently announced that Presidential Bank ranked 6th among our peers in excellence in consumer and mortgage lending.

Presidential Bank Mortgage was recently named one of America's Top 10 Performers (Medium-Sized Company) for customer satisfaction in 2019. Four loan officers were also recognized as Top Performers:

Top 50:   Ray Putt
Top 100: Mike Hacker
Top 250: Rob Suling & Scott Whittle

The results were based on survey completion rates, the number of reviews, and the star ratings submitted to the SocialSurvey platform by verified customers. Over one million reviews of 30,000 individual loan officers from over 200 companies were scored by SocialSurvey, by far the largest data set in the mortgage industry.

Presidential Bank Mortgage is proud to be once again named one of the "Largest Home Mortgage Lenders in Greater D.C." by the Washington Business Journal. Presidential was ranked #12 by 2019 metro-area loan volume.

To see the full list, click here.

For the past several years, the employees of the Richmond and Charlottesville have participated in Neighbors Helping Neighbors during the holiday season. This year, the branch purchased items for two little boys to help bring a smile to their faces on Christmas Day.

The Virginia Housing Development Authority (VHDA) recently recognized Presidential Bank Mortgage Loan Officers in our Colonial Heights and Richmond branches as a Top Producing Loan Officer in Virginia:

 Silver Circle: Scott Whittle
 Bronze Circle: Kathy Fender, Mina Snead, and Belynda Wilson

Presidential Bank Mortgage is proud to be a partner with the VHDA to help more Virginians attain quality, affordable housing. 

Presidential Bank Mortgage is proud to be named one of the "Largest Home Mortgage Lenders in Greater D.C." by the Washington Business Journal for 2018. Presidential was ranked #12 by 2018 metro-area loan volume.

To see the full list, click here.

Presidential Bank Mortgage was proud to be a Sponsor of the 3rd Annual Austism After 21 Day Breakfast in Bethesda, MD on April 12, 2019. Policymakers in corporate, foundation, and public positions came together to celebrate and raise awareness for adults with autism and related disabilities. 

Madison House Autism Foundation's goal is to create a path forward in inclusion, understanding, and increased life opportunities for adults on the spectrum. 

Presidential Bank Mortgage was proud to be a Hero Sponsor of the 13th Annual Re/Max Realty Centre "The Sky's the Limit!" fundraising event. Proceeds from the event supported the Children's Hospital in Washington, D.C. which aligns with the Children's Miracle Network's mission to save and improve the lives of children. Loan Officer Caryn Elder was in attendance on behalf of Presidential Bank Mortgage.

The Virginia Housing Development Authority (VHDA) recently recognized Presidential Bank Mortgage Loan Officers in our Colonial Heights and Richmond branches as a Top Producing Loan Officer in Virginia:

 Gold Circle: Scott Whittle
 Bronze Circle: Mina Snead

Presidential Bank Mortgage is proud to be a partner with the VHDA to help more Virginians attain quality, affordable housing. 

Presidential Bank Mortgage is proud to be named one of the "Largest Home Mortgage Lenders in Greater D.C." by the Washington Business Journal for 2017. Presidential was ranked #13 by 2017 metro-area loan volume.

To see the full list, click here.

Presidential Bank Mortgage was proud to be a Hero Sponsor of the 12th Annual Re/Max Realty Centre "And the Beat Goes On" fundraising event. Proceeds from the event supported the Children's Hospital in Washington, D.C. which aligns with the Children's Miracle Network's mission to save and improve the lives of children. Loan Officer Caryn Elder was in attendance on behalf of Presidential Bank Mortgage.

Presidential Bank Mortgage was proud to be a supporter of the Big Brothers Big Sisters of the National Capital Area (BBBSNCA) "The Big Celebration" event in Washington, D.C. Each year, BBBSNCA recognizes a Big Brother and Big Sister who have performed outstanding work in the One-to-One Mentoring Program. Members of the community joined to celebrate their achievements, to highlight the value of mentoring, and to reinforce the importance of BBBSNCA's mission. For more information about Big Brothers Big Sisters of the National Capital Area, click here. 

The Virginia Housing Development Authority (VHDA) recently recognized five Presidential Bank Mortgage Loan Officers in our Colonial Heights branch as a Top Producing Loan Officer in Virginia:

 Gold Circle: Scott Whittle
 Silver Circle: Kathy Fender, Teesie Howell, Belynda Wilson

Presidential Bank Mortgage is proud to be a partner with the VHDA to help more Virginians attain quality, affordable housing. 

Employees of the Trevose Branch, with support from Presidential Bank Mortgage and along with Keller Williams Realty, sponsored and participated in the charity golf outing in support of Alex's Lemonade Stand. The Foundation is dedicated to fighting childhood cancer through research into new treatments and cures. For more information, click here.

Matt Hodges, Charlottesville Sales Manager, joined the Albemarle County Police Foundation to serve on its board for a three year term. Matt has already supported the ACPF by designing the course and obstacles for the Guardians' Gauntlet obstacle course race in September, 2016. He's in the process of modifying the course layout for the September 23rd, 2017 race.

The ACPF supports Albemarle County police officers in many ways, including providing training opportunities, scholarship opportunities for higher education and down payment assistance for a home purchase.

Matt comments, "After being asked to help the Foundation create the only local obstacle course race last year, I became more interested in the Foundation's work to support police officers here locally. I realized that I knew many of them - from working out at the same gym to playing softball with them over the years. It was a natural fit to help the force in a more direct and tangible way. The Foundation's new down payment initiative fits well with my career as well."

 We are pleased to announce that our Fairfax, VA loan officer, John Melnick, has been certified as a VHDA Home Counseling Instructor. As such, he will be participating in the certification process for   VHDA first-time homebuyers. These homebuyers attend a six hour training course to become eligible to purchase homes with the below-market interest rates and down payment grants offered by     VHDA. John Melnick will serve as the "lender expert" or facilitator in these training sessions to be held in various locations in Northern Virginia throughout the year.