LOAN PRODUCTION

As Michigan's largest commercial banking firm, we finance retail, multi-family, office, industrial, mobile home communities, and self storage properties in Michigan and across the country.  Despite the unprecedented credit crunch experienced over the past 4 years, BFG has continued to grow its clientele base.   Our broad spectrum of capital sources enables us to finance transactions ranging from $1 million to more than $120 million.  Recently, we have closed multiple non-recourse loans in downtown Detroit.

Our direct, and often times, exclusive relationships with decision makers on Wall Street and at life companies across the country has enabled us to “tell the story” of each deal, increasing the likelihood of obtaining financing, and leading to successful outcomes for our clients.  Our loan process is thorough.  Each loan is underwritten in-house and is reviewed by our entire loan production staff before it is presented to our lenders.   We are able to quickly provide our clients with realistic feedback as to whether or not their deal is financeable. 

LOAN PRODUCTION TEAM

Dennis Bernard - President

See Dennis' bio on our Leadership page.

Neil Gorosh - Senior Vice President - Origination

 

Neil Gorosh is part of the loan production team with Bernard Financial Group. Neil is a graduate of the University of Michigan from which he received a Bachelor of Arts Degree in History (cum laude) in 1977 and a Juris Doctor Degree from Wayne State University Law School in 1980. In the nearly twenty years during which he has been with Bernard Financial Group, Mr. Gorosh has originated in excess of $1.5 billion in loans with a wide variety of life insurance companies, agency lenders 

 

 

Joshua Bernard - Vice President - Origination, Detroit

Joshua serves as a member of the senior management and loan production teams at Bernard Financial Group. Before joining Bernard, Joshua was an associate with TPG Capital in New York City specializing in bridge, mezzanine and preferred equity lending for all commercial real estate asset classes. Prior to TPG, Joshua was an analyst with Wells Fargo Bank's Large Loan group specializing in both portfolio and securitized lending products. Joshua graduated with a BBA and high honors from the University of Michigan Ross School of Business.

Joshua lives in downtown Detroit and primarily works out of BFG's downtown office. Besides overall loan originations, Joshua will focus on further growing BFG's presence in the city of Detroit and expanding the downtown Detroit office.

Dan Duggan - Vice President - Origination      

Dan serves as a loan producer for Bernard Financial Group.  He comes to Bernard after more than a decade of commercial real estate experience both in Detroit and Chicago. He led the coverage of Detroit’s commercial real estate sector for Crain’s Detroit Business and prior to that was editor-in-chief of the Illinois Real Estate Journal, a commercial real estate publication in Chicago. He is a proud graduate of Michigan State University and the fifth generation of his family to call metropolitan Detroit his home.

Outside the office, he enjoys spending time with his wife, Melissa, and their three children; Maddy, Connor and Emmett.

 

Jeffrey LoDuca - Director of Originations - Detroit

Jeffrey serves as the head of BFGs Detroit office specializing in loan production. Before joining Bernard, Jeffrey worked in Detroit at Quicken Loans in Mortgage Banking and within the family of companies. Jeffrey graduated from Denison University with a BA in Communication with a concentration in Organizational Studies. He was the captain of the Denison Men's Tennis team that was ranked #25 in the country. 

 

Outside of the office, he enjoys playing tennis, squash, golf and skiing.

 Adam Ferguson - Director of Underwriting

 

 

Adam serves as the Director of Underwriting for Bernard Financial Group. Adam joined Bernard Financial Servicing Group in 2010 as a Portfolio Manager after graduating from Wayne State University with a BS in Finance.  

 

 

 

David Ruff-Senior Underwriter

 As the firms senior underwriter, David is responsible for evaulating and underwriting various loan requests. After graduation from Eastern Michigan University with a Bachelors Degree in Finance, David began working at Quicken Loans as a Mortgage Loan Originator. David joined Bernard Financial Group's Servicing Department in 2015 as a Portfolio Manager.

Outside of the office David enjoys spending time outdoors, along with his wife Emily, and their two dogs.
 

 

 

 

 

Kathy Garant - Director of Loan Closing

Kathy started her career at a local credit union as an account clerk, after 8 years of superior member service she joined Bernard Financial Group to expand her knowledge of the financial industry.  

As a Senior Closing Specialist, she assists the servicing department in multiple ways including loan closing, property inspections, bank reconciliations, property tax payments, escrow analyses, and entering new loans but most importantly assisting Bernard Financial Group's clients with top priority.

 

 

Shelby Dixon - Loan Closer

Shelby received her Bachelor's degree from Michigan State University. She joined Bernard Financial Group in the role of Origination and Servicing Specialist. Her responsibilities include but are not limited to supporting the origination team in underwriting and closing while at the same time assisting the servicing department with property inspections and servicing reports.

While away from the office, Shelby enjoys exercising, yoga, and spending time with family, especially with her nieces Bella and Ruby.

 

 

Alia Clark - Lead Administration 

Alia is a Master’s Degree graduate of Wayne State University. She started her career as a Senior Executive Assistant to the V.P of Information Security Technology at Blue Cross Blue Shield of Michigan. She wanted to switch her field of information security technology and join Bernard Financial Group to learn more about the financial industry. Alia’s responsibilities include but are not limited to monthly invoicing of payments and escrow statements, payment processing, taxes and tax receipts, running trial balances and post draft payments while ensuring the office runs smoothly and effectively.