Pete Stebbins Receives Fairway Reverse’s Prestigious Lifetime Achievement Award
MADISON, WI, December 16, 2024 -- Fairway Independent Mortgage Corporation is proud to announce that Pete Stebbins, Director of Business Development in the Madison, Wisconsin office, has received Fairway Reverse’s distinguished Lifetime Achievement Award. This honor recognizes Pete’s remarkable 40-year career in mortgage banking, real estate, building and title insurance.
A Journey of Passion and Impact
Since joining Fairway in 2012, “Pistol Pete” has been instrumental in connecting Reverse loan originators with key industry partners—Realtors, builders, attorneys and financial planners. His relentless dedication to relationship-building and support for his teammates has profoundly influenced the reverse mortgage landscape in Dane County and beyond. Reflecting on his proudest achievements, Pete shared:
“One of my favorite memories was when a local builder and I, both board members for Habitat for Humanity, raised over $2 million in gifts ‘in kind’ and services for the Madison chapter.”
Giving Back to the Community
Pete’s passion for his community is evident in his long-standing commitment to giving back. He shared:
"I have lived in Madison for almost 80 years. I graduated from the University of Wisconsin and have enjoyed many benefits from this special city and community. It is only fitting I give back to it as much as I can by volunteering in associations, including River Food Pantry, United Way of Dane County and Habitat for Humanity."
Industry Insights and Community Impact
Pete’s enthusiasm for reverse mortgages stems from their ability to offer senior homeowners financial security and dignity while aging in place. This commitment is reflected in his roles on the board of directors for multiple organizations, including:
- Realtors Association of South Central Wisconsin
- Madison Area Builders Association
- Madison Area Mortgage Bankers Association
- Wisconsin State Mortgage Bankers Association (current board member)
- Women’s Council of Realtors
- Habitat for Humanity
- National Association of the Remodeling Industry (NARI)
- Dane County Title Company
His dedication has earned him numerous top awards and recognition from the Madison, Middleton and Sun Prairie Chambers of Commerce. InBusiness Magazine honored him on their celebrated “7 Over 70” list for his lasting contributions to the industry.
Guiding the Next Generation
When asked what advice he would give to newcomers in the mortgage industry, Pete offered this wisdom:
"Be patient, build trust and always put your clients first. This business is about relationships and integrity.”
Industry Insights and Future Outlook
Having witnessed significant changes in the reverse mortgage industry, Pete shared his thoughts on the future:
"Regulatory reforms have made reverse mortgages safer and more consumer-friendly. I believe the next five to ten years will bring even greater innovation and acceptance of this valuable tool.”
A Legacy of Excellence
Pete’s colleagues recognize his lasting impact. Dan Ventura, President of Reverse Lending at Fairway, praised Pete, saying:
"Pistol’s achievements are only outshined by his kindness and generosity. This award is a true reflection of his outstanding career and the positive impact he’s made."
Celebrating a Life of Dedication
Outside of work, Pete enjoys cheering for the Wisconsin Badgers and spending time with his wife of over 40 years, their two sons and five granddaughters.
Please join us in celebrating “Pistol Pete” Stebbins—a 90-years-young leader whose integrity, passion and dedication continue to inspire us all.
SVP of Fairway Reverse Lending, Josh Kilty (left), presents the Lifetime Achievement Award to “Pistol Pete” Stebbins (right)
Contact Pete:
Phone: 608-698-3980
Email: peters@fairwaymc.com
About Fairway Independent Mortgage Corp.
Fairway Independent Mortgage Corporation (NMLS #2289) is a full-service mortgage lender offering a wide range of innovative products and exceptional service. Fairway is committed to finding the best mortgage solutions and delivering some of the fastest turn times in the industry. We strive to exceed expectations, guarantee satisfaction and earn trust. Visit fairwayindependentmc.com for more information.