You never know on what path your life will take you. For John Gerard “JP” Picone of Home Loan Experts, what began as a dream of playing professional baseball has led to a successful career as a mortgage broker.
It all started in Newark, N.J., back in 1971.
“I was the only child in a middle class, Italian family,” Picone recalled. “My career goal at that time was to play second base for the New York Yankees. I played a lot of baseball growing up. I attended mostly Catholic schools — St. Thomas in Bloomfield for my elementary years and Holy Family in Nutley for junior high. I graduated from Clifton High School in 1989.”
After high school, Picone got a job as a senior file clerk at a top-shelf law firm with help from his mother, Doreen, who was employed there.
“I enjoyed my time there very much and was even offered assistance with college and law school, if I wanted to commit to becoming an attorney,” he said. “I really wanted to follow in the footsteps of my dad, uncle and cousin; all hard-working men and business owners in their own right. These were the people I looked up to. I really wanted to be in my own business.”
After running his own towing business for three years, Picone relocated to South Florida in 1997. His extensive auto background led him to become a salesman for AutoNation. He attended AutoNation University with plans to move up in the company.
“For six months, I was an assistant finance manager, a finance manager for four years and finally, a director of finance,” he said. “My financial automotive career has taken me through many auto dealerships: AutoNation, Acura, GMC, GM, Cadillac, Hyundai, Suzuki, Subaru, Mazda, Chrysler and Mitsubishi.”
Picone, who has been married for more than 20 years to his wife Meredith, has two children: son Jared, 20, and daughter McKenna, 18. He has been a Palm Beach resident since 2000.
After a few years serving as a loan modification manager for a bank, he made the leap to the mortgage side and began originating residential and commercial loans.
“I worked with several companies before going with Home Loan Experts, a wholesale mortgage broker, in 2017,” Picone said. “I am licensed to originate loans in both Florida and Texas and can refer in all 50 states. My concentration is in Wellington, Royal Palm Beach, Loxahatchee, West Palm Beach, Jupiter, Delray Beach, Boynton Beach, Lake Worth and Palm Beach Gardens.”
Picone enjoys his position as a wholesale broker.
“At this level, I can offer my clients competitive rates and better service by shopping their loans while having access to every loan product available, for all the various credit profiles,” he said. “In effect, this gives me more control of the loan and allows my clients to close either on time or early, almost every time.”
Home Loan Experts makes sure to go the extra mile for each and every client.
“We have the ability to offer lower rates and zero broker closing costs,” Picone said. “This means both lower payments and lower out-of-pocket closing costs for our clients.”
Picone also strives to stay in contact with clients after the mortgage is done.
“I am available from 8 a.m. to 10 p.m., seven days a week,” Picone said. “If you need something on a Saturday or a Sunday, I am available. Our services also do not stop after your closing. I assist my clients if something occurs after we close or if they just have a question. We are here for you.”
To contact John Gerard “JP” Picone, call (561) 275-3984 or (561) 318-5987. Learn more at www.homeloanexpertsusa.com.