MINNEAPOLIS, MINN. (MAY 2022) — Luminate Home Loans, a top-producing people-first mortgage company, is excited to announce Paul Schuster as its new Divisional Vice President. Schuster’s new professional home will be located at Luminate’s Headquarters in Minneapolis, Minn.
Schuster has been an active leader in the mortgage industry for the past 31 years and was recognized by the Minnesota Mortgage Association in 2021 with a Lifetime Achievement Award. As a company, Luminate is focused on people, growth, consistency, and clarity, so bringing Schuster onto the team was an easy decision.
“It has always been my goal to be part of something bigger, to be a part of a company where alignment is evident and real,” said Schuster. “I’m excited to be joining Luminate where I know we’ll be able to grow and be proud of building something bigger and better—together.”
Schuster is passionate and humble about his work and truly enjoys helping valued clients achieve (or improve) their homeownership goals. He also values strategic relationships and strongly believes that communication and understanding are paramount to success, effectiveness, and fulfillment, which aligns with Luminate’s core values.
“Bringing Paul on to our team was a no-brainer,” said Eric Lovins, President of Luminate Home Loans. “We are extremely honored and grateful to be welcoming him as he is an exceptional talent, leader, and addition to our growing team. We know he’ll make a positive impact on our organization as a whole, and we can’t wait to see what comes next!”
NMLS Consumer Access #150953
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NOTICE TO TEXAS CONSMERS: CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A MORTGAGE BANKER OR A LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV. A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550. THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATORS. A WRITTEN APPLICATION FOR REIMBURSEMENT FROM THE RECOVERY FUND MUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE RECOVERY FUND, PLEASE CONSULT THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV.”