Get to know Rich Weidel, CEO of Princeton Mortgage! Rich took the helm of Princeton Mortgage (a 39-year-old mortgage company), in 2018. He saw a tremendous opportunity to expand a successful platform. The goal was to develop a winning culture that would challenge the status quo of how a mortgage company should operate.
Within 3-years, Princeton Mortgage's funded volume increased by 631% under his direction. In 2022, Princeton Mortgage's funded volume is up over 16% YOY, compared to an industry that is down more than 50%.
Career Highlights
Graduated from Cornell University Bachelor of Arts in Economics & Masters in Real Estate Finance
Investment Banker: Goldman Sachs Real Estate Finance Group
VP of Acquisitions and Asset Management for one of the largest private owners of real estate in Florida
Owner and Founder of private equity-backed real estate investment firm
Recognition
• 2019 Most Admired CEO Award
• NJBiz 2021 Leaders in Finance Honoree
• HousingWire Rising Star Award
• National Mortgage Professional Top 40 Under 40
• MPA 2020 Top Mortgage Workplaces
• Inc. 5000: 502nd Fastest Growing Company