Planet Home Lending bolsters leadership with new EVP

Planet Home Lending has announced a new addition to its leadership team.

Appointed as executive vice president of national production and distributed retail sales is Caleb Mittelstet (pictured), a mortgage veteran with more than 20 years of experience. According to a statement from the company, Mittelstet has a proven track record of expanding into new markets, increasing market share, and recruiting mortgage professionals.

“Caleb is a renowned retail builder, recruiter and channel developer,” said Michael Dubeck, CEO and president of Planet Financial Group. “Our distributed retail originations have more than doubled year-over-year. With Caleb leading the channel, that growth momentum will accelerate.”

Before joining Planet Home Lending, Mittelstet served as executive vice president of sales at Summit Funding. He has also held a range of retail leadership positions at Pacific Union Financial, CMG Financial, and PrimeLending.

“I joined Planet Home Lending because its leadership understands the technology, loan products and programs retail producers need to take their volume to the next level,” Mittelstet said. “I am energized by the opportunity to build the organization and work alongside the people within it. I love turning loan officers into top producers, branch managers into regional leaders and building industry-leading production teams.”