Colgan appointed as vice president, regional sales director at Covenant Mortgage

According to Charles Ferraro, president of Covenant Mortgage, LLC, Christopher Colgan has been appointed as vice president, regional sales director of the company. Colgan joins Covenant after 18 years with J.P. Morgan Chase where he was a regional vice president in the wholesale channel. Colgan, who has 28 years of experience in the banking industry, expressed excitement about joining the company. "This is an exciting opportunity for me to work in an entrepreneurial environment while building something special. This is the kind of visionary firm with which I want to be associated," he added. A member of the RIMBA, Colgan is a graduate of Providence College, RI. He additionally earned an MBA from Johnson & Wales University, RI and lives with his wife and three children in East Greenwich, RI, where he has resided for 13 years. Founded in 2003 by a team with over 100 years combined mortgage industry experience and led by former MMBA board member Charles Ferraro, Covenant Mortgage has been called "The Future of Mortgage Banking". As a retail correspondent lender Covenant's closed loan volume has grown by over 40% per year since 2006. Its consistent performance is attributed to the company's diverse portfolio of lending partners, national pricing power, progressive technology for its loan officers, and quick in-house underwriting approvals. Covenant Mortgage is a limited liability company with five offices in Massachusetts and Connecticut. The company is licensed in MA and CT , NH, RI, and NY.