Go Mortgage has named longtime lending executive and technology advocate Jay Promisco as CEO.
The former president of Sierra Pacific Mortgage, Promisco moved over to take the helm at Columbus, Ohio-based Go after the
In meetings with Go Mortgage staff members this week, Promisco said boosting growth of the company's retail channel topped his list of initial priorities, according to the publication.
A veteran of the channel, he initially joined Sierra Pacific in 2017 as a
He takes the reins at Go Mortgage from majority owner, Jordan Hansell, who served in the position on an interim basis upon the exit of former CEO Michael Isaacs last summer. Go's previous chief operating officer, Andrew Panagos, also announced his departure from the firm in the second half of 2025.
With a background outside of the mortgage industry, Hansell is the founder and CEO of Tradepost, an investment platform providing capital to small and midsized companies, which led the acquisition of Go in 2022. Hansell also is the former chairman and CEO of Berkshire Hathaway subsidiary Netjets.
Growth of Go Mortgage
Promisco joins a growing mortgage shop, which itself expanded through a merger over the past two years. In 2024, Go signed an agreement
Combined production volume for the two companies totaled $974.6 million that year, which came from 2,881 originations, according to Iemergent analysis of Home Mortgage Disclosure Act data. The company currently operates retail branches in 14 states.
An artificial intelligence proponent
With the growth of artificial intelligence utilization in mortgage over the past few years, Promisco has emerged as one of the technology's most gung-ho advocates, frequently speaking about the
In technology panels, he cited the value of integrating automation strategy throughout loan manufacturing rather than pinpointing individual tasks toward maximizing cost savings and staying ahead of competitors.
"If I can get my manufacturing cost down to zero, I can outpace and price out everybody else in the market,"
After leaving Sierra Pacific last October, Promisco served as an advisory consultant to mortgage AI platform Jazzx.