Residential Mortgage Announces New President

Residential Mortgage is pleased to announce the promotion of Mike Baldwin to President. He will retain his position as Chief Operating Officer as well. Mike has 35 years of experience in the mortgage industry, 32 years as an Executive in management and has been with Residential Mortgage as the Chief Operating Officer since 2021.

Baldwin joined Residential Mortgage from the Pacific Northwest where he led four successful mortgage companies from startup. He holds a Bachelor of Science degree in Business Administration from University of the Pacific in Stockton, California. Baldwin was recognized as one of the “40 Under 40” young business leaders by the Portland Business Journal.

“Mike has been a great addition to our executive team and we look forward to continued growth in the future as he assumes the president role,” noted Steve Aldrich, Residential Mortgage CEO. “Residential Mortgage is the leader in home mortgage lending in Alaska and Mike’s expertise will solidify that position.”

Residential Mortgage, LLC is a wholly-owned subsidiary of Northrim Bank.