Anyone that has a flair in the financial field or is interested in becoming a loan originator; or even a house-rehabber finds much inspiration in the business life of financially adroit: Todd Lubar. Todd is currently President of TDL Global Ventures.
He, at one time was known as one of the country’s best Mortgage Originators: Quite a title–particularly knowing that the Mortgage industry is quite competitive. It seems to be Lubar style: that wherever he goes–he knows how to “shake the money tree.” Knowing Lubar is knowing his profile.
Todd stated that early on: he knew he wished to head in the direction of mortgage loan and real estate. He did so: and was highly successful at it.
Lubar possesses an encouraging attitude–he wishes to put his best foot forward–which for Lubar–is the one he has available. He believes in brightening the day of everyone he meets. This kind of handsome spirit is highly motivational.
The professional profile of Todd follows:
Besides his current involvement as President of TDL Global Ventures–LLC, Todd holds the post of Sr. Vice-President of Legendary Investments.
Todd came on board at Crestar Mortgage Corporation in 1995 and worked at the organization until 1999. He began working for Legacy Financial in 1999. The latter corporation is based in Arlington, Texas. Todd expanded the Maryland operations significantly: to the tune of 100 million dollars a year in loan volume.
Todd began rehabbing houses in 2002. The name of the rehabbing organization was Legendary Properties–LLC. Technically, Legendary Properties is a residential development company. Todd, during his tenure as a successful rehabber was able to turn over two hundred properties. The properties ranged from that of single-family units to multi-family properties, comprised of twenty units.
He worked for Charter Funding beginning in 2005 until 2007. The mortgage industry went through a transformation, so to speak, in 2007. He made the decision to focus on purchase money mortgage origination, during this point-in-time. He provided loan origination services, during the time-period, by way of Priority Financial Services.
The purchase money mortgage is relative to a mortgage that is issued to the borrower by the individual selling his residence, as part of the purchasing transaction. The preceding is precisely equivalent to seller or owner financing. This type of transaction occurs when the purchaser is unable to properly qualify for a mortgage by means of provincial banks and lenders. Since, the mortgage industry was in such a topsy-turvy mode: Todd smartly recognized that traditional lenders, everywhere, were challenged in providing the public with mortgage loans. The purchase money loan arrangement, during this point and time, undoubtedly, made the most sense.
Regardless, Lubar’ heart remains with the mortgage banking industry. As stated, he ranked in the top 25 originators in the country for many years running.
Todd currently resides in Bethesda, Maryland. He is proud of his two exceptional children. Todd likes spending quality family time with his children. He, as well, enjoys travel. He mentions that his on-going goal is to become a better person each and every day. He knows when he does so: he provides quality to the lives of other persons, too.