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Nicholas Racanelli Joins Mortgage Advantage

Nicholas Racanelli has joined Mortgage Advantage, Huntington, N.Y., as vice president of business development.

Racanelli formerly was regional vice president of South Fork Funding Inc., a mortgage brokerage firm in Hauppauge, N.Y.

Prior to joining South Fork, he was a senior loan originator at Racanelli/Spateri-GFI Mortgage Bankers Inc.

Mortgage Advantage is the residential and commercial mortgage brokerage affiliate of the Melville, N.Y.-based Advantage Group of Companies.