Lower's Chief Growth Officer Amir Syed departs

Lower's Chief Growth Officer Amir Syed resigned from the Ohio-based mortgage lender after only a little over a year at the company.

The mortgage executive, who leads GO! Coaching and had worked to build out and retain the originations team at Lower, stated he and the company "mutually agreed to part ways" due to differing takes on the company's management approach.

"I believe in loan officer–led leadership, sustainable scale, and proactive problem-solving," Syed said. "Over time, it became clear that my approach and the company's evolving direction weren't fully aligned."

Syed, a top originator-turned-coach with over 36,000 followers on LinkedIn, says he had a "front-row seat to one of the most volatile markets" during his time at Lower, giving him insight into "how companies are navigating retention, talent movement, and competitive dynamics." 

He often, and publicly, disagreed with the outcomes, he said. The past year has also provided Syed a glimpse into how mortgage lenders, Lower included, use litigation to pursue departing LOs, he said.

"These filings, which are part of the public record, spark important industry-wide conversations about leadership, integrity, and long-term trust. It's a conversation we must keep having — openly, constructively, and without fear," he said. 

"But I want to be clear: I do not subscribe to that approach as an evergreen leadership principle or a sustainable talent strategy. My commitment is — and always has been — to advocate for today's loan officers," Syed added.

Since the beginning of the year, Lower has filed two lawsuits accusing originators of breaching their contracts with the firm by leaving to rival lenders. Departing producers originally joined Lower via the acquisition of Thrive Mortgage.

Syed says he is being actively courted by "CEOs, senior-level executives and private equity partners," but his current plan is to continue nurturing and growing his coaching business, which is currently used by over 1,000 professionals. 

"My near-term focus is to continue scaling GO! Coaching, while keeping an open mind and heart for the right executive opportunity — one where I can make an outsized impact on culture, conversion, and community," he said.

Lower called the mortgage professional a "titan" in a press release from 2023 announcing his arrival at the company, adding that Syed's role would be to "organize Lower's multi-channel strategy to drive exponential market share."

"The atmosphere is ecstatic with Amir joining the Lower Family of Companies," said Mike Baynes, Lower's co-founder, in a press release from Nov. 7, 2023. "Amir's immense energy, proven track record, and expert ability to nurture talent align perfectly with the explosive growth Lower is driving."

Lower did not immediately respond to a request for comment.

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