Kenneth H. Bowen
Kenneth H. Bowen
President
Red Mortgage Capital, LLC
Columbus, OH
Mr. Bowen is President of Red Mortgage Capital, LLC, responsible for the growth and management of first mortgage permanent loan production. He joined a predecessor of Red Mortgage in 1995, the year it first became a Fannie Mae DUS Lender, and has spent most of those years focusing on DUS multifamily origination and underwriting, helping to grow the firm’s DUS servicing portfolio from less than $100 million to over $11 billion. He has been instrumental in the development of the firm’s underwriting team and process, in the training of originators, and in the development of new lending programs and investor relationships. He has served on Fannie Mae’s Product Development Forum, Chief Underwriters Forum, and Multifamily Affordable Housing Forum, which he chaired in 2002/2003. In addition to his deep Fannie Mae experience, he has originated loans under various FHA-insured programs and has been through FHA underwriting training. He has worked with various other commercial real estate lending programs, including life companies, conduits, and loans aggregated for resale or securitization. Prior to joining Red’s predecessor firm in October 1995, he was a Senior Vice President and the Chief Lending Officer for a community savings bank in Yonkers, New York, which specialized in multifamily and commercial mortgage lending. Prior to that, he spent 10 years in the fee appraisal business performing valuations of many different property types for a broad spectrum of clients and purposes. He also taught appraisal courses at the Real Estate Institute of New York University. He was awarded the MAI designation in 1990, is a licensed non-resident real estate broker and a general certified appraiser in the State of New York, and holds a Bachelor of Arts degree from Yale University. He is located in Red’s headquarters in Columbus, Ohio, where he is also active with a number of local charities as a volunteer or board member.
