Our experienced and knowledgeable staff
is here to serve you.
Timothy W. Rourke - President & CEO
trourke@bcifinancial.com
203-439-9400 Ext. 421
Tim Rourke has been involved in financial services for almost 30 years in Connecticut. He has worked in banks and other institutions and has found that the most gratifying work has been assisting people with Reverse Mortgages. He started a financial services company because he felt that “'Big Banks” were not properly fulfilling the community's needs.
Tim's philosophy on reverse mortgages is that there is not a single other product in the marketplace today that can have a more beneficial effect on someone's life. He loves to tell stories of how BCI Reverse Mortgages have helped people enjoy life without financial stress.
Kenneth Penfield - Manager
kpenfield@bcifinancial.com
203-439-9400 Ext. 427
Ken Penfield has been in banking for more than 20 years and as a lifelong resident of Southington, he has established a solid reputation as a trusted community banker. Ken currently manages the Mortgage Department at BCI Reverse Mortgage, which includes six loan officers who originate both conventional and reverse mortgages.
Ken was excited to lead BCI Reverse Mortgage in becoming one of the first financial institutions to offer the Reverse Mortgage product in Connecticut and can attest to the popularity and necessity of this program within our senior population.
Ken resides in Southington with his wife, Jessica, sons Nathan and Justin, and recently-adopted dog, Luke.
Michael Savenelli Sr., Business Development
msavenelli@bcifinancial.com
203-439-9400 Ext. 435
Mike has been in the credit industry for over 30 years. He was Vice President of the Credit Bureau of Connecticut for 30 years, where one of his primary areas of responsibility was marketing. Mike has been extremely active in the credit industry, utilizing his extensive experience with trade organizations. Prior to the Credit Bureau, Mike worked for several financial institutions as a lender. Mike’s feels that “working with financial organizations to assist them in delivering a high quality product like reverse mortgages is very rewarding.”
Mike lives in Wallingford, Connecticut, with his wife Pam; one of the things he loves most in life is spending time with his grandchildren.
Gail Carabetta - Mortgage Processor
gcarabetta@bcifinancial.com
203-439-9400 Ext. 436
Gail Carabetta comes to BCI Reverse Mortgage with many years experience in servicing at banks and mortgage companies. She now handles all aspects of processing and closing on our reverse mortgages.
“Reverse Mortgages are very exciting and very different. It always gives me great pleasure when you have made a difference. It gives me such great joy to be able to work with and be part of this great team.”
While at home Gail loves to work in the yard. When not outside she enjoys baking. Gail lives with her husband John and their new puppy, Tabitha.
William Forte, Loan Originator
wforte@bcifinancial.com
203-439-9400 Ext. 444
Bill has been involved in the residential mortgage banking business for 25 years. He has financed thousands of residential units over his mortgage lending career as a regional mortgage company general manager and as a mortgage broker. Bill is experienced in all aspects of residential and commercial mortgage lending including construction lending, mixed use lending and refinancing.
Bill is from Wallingford, Connecticut. He graduated from the University of Connecticut with a B.A. in Economics. Bill served on the board of directors for the Quinnipiac Chamber of Commerce and the Wallingford Rotary Club.
Bill and his wife, Pam, are the proud parents of three sons: Matthew, Jeffrey, and Christopher.
Richard Lombardo, Loan Originator
rlombardo@bcifinancial.com
203-439-9400 Ext. 441
Dick has been an integral part of the Connecticut financial community for over 30 years. He has participated in all phases of lending as well as holding senior positions in the manufacturing and accounting fields.
In addition to holding a degree in accounting, Dick has been a licensed mortgage broker in the State of Connecticut since 1997.
He is married and lives with his wife Phyllis in Higganum, Connecticut. They have three children.
