David Luangpraseuth Email & Phone Number

Los Angeles, California, United States

Registered Representative offering securities products and services through NYLIFE Securities LLC. (Member FINRA/SIPC), A Licensed Insurance Agency.

Agent licensed to sell insurance through New York Life Insurance Company

• Identified a new customer segment (HERO loan consumers), developed a strategic marketing plan to target and sell refinancing loans for the segment and received plan approval from branch manager.
• Worked with state regulators, corporate, and local branch employees to become certified in Down Assistance Program, opening up new customer pipelines and driving consumer loan growth.
• Engaged in business development, networking and new marketing methods to grow and improve existing accounts while establishing new relationships with realtors in Southern California.

• Worked cross functionally with other banking departments to develop a customer strategy cross selling new products, resulting in a 50% cross selling metric, 20 points above the industry average.
• Independently built a book of business worth $60MM, surpassing the branch goal by 150%.
• Trained and developed staff on a variety of Bank of America computer systems and processes regarding loan products, loan services and loan restructures, resulting in the employee of the month award.
• Mentored Junior Lending Consultants on organizational goals for efficiency and customer service, successfully launching 3 new consultants in their new careers.
• Worked with underwriters and processors to assess risk and ensuring loans closed before deadlines.
• Exceeded sales goal for Inglewood Branch by 120% in 2016.

Irvine, California

• Conducted extensive credit report reviews and real estate comparable analyses for prospective clients to ensure that loan applications qualify under the FNMA/FHLMC guidelines.
• Carefully assessed clients’ financial needs and obligations by analyzing personal and business income tax returns.
• Meticulously audited loan applications for compliance with all state and federal policies and regulations.

Foothill Ranch, California

• Maintained a pipeline of 20-25 loans and funded an average of $3MM per month.
• Gained expertise on multiple loan products including Conventional, HARP I/II, FHA and FHA Streamline, VA and VA Streamline, LPMI, ARM, I/O, and Jumbo Loans.
• Established business relationships in California, Maryland, Connecticut and Hawaii.
• Retained a minimum of 30% of clients and referrals.
• Surpassed company’s average conversion ratio by 15% or more per month.