Petrilli named #1 mortgage originator in Winthrop

Al Petrilli, loan officer and branch manager of the Winthrop office of New Fed Mortgage, ranked No. 1 in the rankings for 2021, according to The Warren Group, a Massachusetts-based real estate and financial information firm.

Petrilli closed just over $28.7 million in volume, which put him at the top of loan officers among his industry peers at Winthrop.

New Fed Chairman and CEO Brian D’Amico said, “We are very proud of the accomplishments Al has made to be a top performer by closing more than $28 million in loans. in 2021 in Winthrop alone. He is an integral part of NewFed’s management team as Branch Manager. His Winthrop office has been one of our organization’s most successful branches since opening in 2018. Al is dedicated to his craft and complements the success of our mortgage origination efforts in Massachusetts.

Petrilli, who works in Winthrop’s office with his son, Al Petrilli Jr., a lineman for the 2006 Super Bowl-winning WHS team, said he was honored and excited by the recognition.

“I was blown away when I found out I was ranked #1,” humbly said Petrilli, who previously worked at MSA Mortgage in Wakefield and Winthrop.

Petrilli attributes his success in business to his work ethic, establishing a presence in the city and becoming a community leader.

For example, in 2004, when the Winthrop school board decided to eliminate extracurricular activities, including sports, Petrilli joined the Winthrop Pride Foundation, an organization founded by Richard Fucillo. This organization helped fund Winthrop High School sports and remains a major contributor to the high school’s athletic and extracurricular clubs to this day.

“I was on the original board and five years later I became president of the organization,” said Petrilli, who held the position for three and a half years before Vinnie Crossman succeeded him. .

Although he grew up in Revere and played for the Revere High Patriots, the people of Winthrop responded warmly to his philanthropic efforts.

“I think my job in the city laid the groundwork for people to trust me, and they gave me their trust by giving me their business,” Petrilli said. “I think basically it’s just being a good guy and trying to help my city wherever I can help.”

Al credits his son, Al Jr., a graduate of Endicott College, for being instrumental in the success of the New Fed Mortgage office in Winthrop.

“Al is my assistant, but he himself is a licensed loan officer,” Petrilli said. “So once I have structured the loan and submitted the loan, Al becomes the primary liaison between underwriter and borrower.”

Graduated from BU with a degree in education

Four years after arriving on campus as an All-Scholastic first baseman and All-Star quarterback for Revere High School, Al Petrilli graduated from Boston University in 1974. He received his degree in education after being a two-sport Division 1 varsity athlete. .

“After graduating, I coached football for three years at Revere High before getting a full-time teaching job in 1977,” Petrilli recalled. “I became a physical education teacher for girls for six years. I started Powder Puff football and we played Winthrop every year.

Petrilli left teaching in 1982 after his job was terminated due to Proposition 2½.

“I didn’t know what job I was going to do,” Petrilli said.

A career change

Petrilli became the racquetball professional and director of fitness at the Boston Athletic Club, where he would meet his future wife, Marie, who also worked at the Boston Athletic Club. The couple married in 1988.

Al then worked as National Sales Manager at Reebook for five years. He helped launch a women’s athletic shoe startup (Ryka) and became senior vice president of sales and marketing.

“I was tired of traveling and wanted to spend more time at home with my wife and two children. [Al Jr. and Marielle]”, said Petrilli. “I opened my own employee recruitment company (The Petrilli Group), recruiting for companies like Reebok and Nike.

Petrilli then joined True Fit as National Director of Sales and Marketing. Petrilli was responsible for merging True Fit with Ace Bandage under the Becton Dickinson and Company banner.

“My job was to merge True Fit with the Ace wrap,” Petrilli said. “True Fit was only in sporting goods stories and Ace was only in drugstores, so my job was to try to merge them. It was a fun job.

Tribute to his wife and launch of the Marie C. Petrilli Memorial Cancer Fund

In 1999, Al’s wife Marie Petrilli lost her courageous battle with cancer and died at the age of 39. The tragedy affected Al greatly and he reconsidered his future.

“I really didn’t know what I was going to do professionally, but I knew I wanted to keep Marie’s spirit alive for Al Jr., Marielle and I by financially helping other cancer patients fight the battle.” , said Al. Sr.

In honor of his wife, Al established the Marie Petrilli Memorial Cancer Fund. The financial proceeds go towards improving the care of cancer patients.

“We have raised over $1 million over the past 23 years to help patients and distribute mass general hospital nursing scholarships and provide scholarships to high school students entering the field of nursing. nursing,” Petrilli said.

Interestingly, Marielle Petrilli, daughter of Al Petrilli and the late Marie Petrilli, is a nurse practitioner. Marielle is a graduate of Stonehill College and Simmons College.

Enjoying his job

In 2000 Al started working for MSA Mortgage and in 2018 he opened the New Fed Mortgage branch in Winthrop.

“It’s a great deal,” said Al Petrilli. “It’s the best job I’ve ever had. You help people realize their dream of home ownership. You should always put yourself in the shoes of the person you are trying to help. And that’s where success comes from. We try to make something work best for our customers.

Al still has family and friends in Revere and invites Revere residents to reach out. Al’s goal is to establish a strong presence as a trusted loan officer.

For more information, Al can be reached at 617-901-5232 or by email at [email protected]

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