APM Announces Bill Lowman Elevated to Chairman of the Board
Roseville, CA — November 10, 2023 — American Pacific Mortgage (APM) has announced that Bill Lowman is moving to chairman of the board, succeeding APM founder Kurt Reisig.
Lowman is a 35-year veteran of the housing finance industry and a 21-year member of the APM Family. During his tenure, he has managed APM’s founding branch and recruited and managed multiple branches, rising to president of the company in 2004, to CEO in 2017, and to vice chairman earlier this year.
Lowman is a fierce promoter of the interests of APM’s employees, branch managers, and originators and has taken this advocacy to the extreme. He serves in a variety of roles in the Mortgage Bankers Association, as well as advising agencies and the FHFA on industry interests. He is one of the most recognizable advocates for the industry and for APM.
In his capacity as chairman, Lowman will continue his daily work as an ever-present adviser to the APM senior management team while more fully guiding the company through his work on the board.
“I look forward to driving APM forward in the new year and turning the challenges into opportunities in 2024 and beyond,” Lowman said. “And I’m honored to be moving into the chairman role behind my mentor and friend Kurt Reisig. We’ve built an amazing company and an unrivaled culture. Great things are ahead for APM and our team members.”
This is a planned and strategic succession. Reisig will remain active as a board member and as a highly valued and trusted mentor to many in the company. He will also continue to advise on some of the most important company initiatives, which feed his passion.
“I am excited to see Bill elevated into this position,” Reisig said. “He has worked through every role in the company and is well-deserving of this responsibility. Bill understands the magnitude of what this role means and does not take that lightly. We have an amazing senior leadership team at APM, and I have the utmost confidence in them.”
APM is honored to welcome Lowman in his new role and thanks him and Reisig as they continue to support the growth and success of the company.
About American Pacific Mortgage
American Pacific Mortgage was founded in 1996 and is a national independently owned and operated retail mortgage lender known for Creating Experiences That Matter™ for our people and our customers. Based in Roseville, California, APM is a top-ranked mortgage lender in the U.S. and wins multiple awards annually, including Top Mortgage Lender, Most Loved Employer, and Top Places to Work. APM is 49% employee-owned through an employee stock ownership plan, a distinguishing difference that creates long-term savings for those who stay with the company. It is licensed in 49 states, employs more than 3,600 people, and has over 240 branches, many of which operate under their own DBA names. APM’s rallying cry is to be 100% focused on our originators and branch managers, because when they look good, our customers reap the benefits. APM’s charitable entity, APMCares, is entirely funded and run by employees and supports an array of organizations throughout the country with funds and volunteer hours, as well as assistance for employees who are struggling due to a medical, financial, or bereavement hardship. For more information about APM, visit www.APMortgage.com.
Melissa Wright, Chief Sales & Marketing Officer