Todd Lubar, The Exemplary Mortgage Banker

Todd’s Background

Todd Lubar began his education at Sidwell Friends School. He attended high school at the Peddie School in Hightstown, New Jersey. His alma mater is the Syracuse University where he received a BA in speech communication.

Todd is currently the President of TDL Global Ventures and is based in Bethesda, Maryland. In addition to being a property development professional, he also assists poor persons.

Early career

Todd Lubar delved into the actual estate sector in 1995. His passion for the industry and impetus to help others made it clear to him that this was his destined career. His first job was a loan originator at Crestar Mortgage Corporation where he got acquainted with conventional mortgage banking. The experience at the firm was priceless, as he intermingled with real estate agents, economic planners, and insurance agents who would later become referees in his business.

Significant Achievements

One major leap in Todd’s career was in 1999 when he got an equity position at Legacy Financial Group. In this role, he became a broker, organizing loans for external investors in addition to lending as a right mortgage bank. In 2002, he inaugurated Legendary Properties LLC, a housing development enterprise.

Todd has overseen over 200 transactions involving the purchase, renovation, and selling of real estate products. While making the trade, he interacted and built formidable relations with major players in the industry. With these connections, he was able to gain the trust of major banks, who could offer him loans of up to $20 million.

Lubar was involved in the start-up of another franchise, Charter Funding, a subsidiary of First Magnus Financial Corporation. Affiliation to First Magnus offered Todd unparalleled access to products, resulting in rapid growth of his business.

Having been involved in numerous transactions, Todd had developed the ability to evaluate the risks posed when lending and make appropriate choices. This enabled him to fund borrowers who were snubbed by conventional lenders.

Adapting to Change

The mortgage industry witnessed rapid evolution between 2007 and 2008. To stay in the game, players had to adjust. Todd demonstrated his ambidexterity by involving in other trades. He obtained large contracts to perform demolition. Moreover, he started a scrap metal recycling venture, which ended up being sold in the public market.

Check out his personal website at toddlubar.com.

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