Not all are blessed with a silver spoon at birth; some have to carve their path through humble backgrounds and lack grand opportunities to reach the greener side of the grass. This journey is not an easy one by any means. It demands sacrifice, discipline, and ambition to change one’s life. Nirmalya Modak is one such person who rose to prominence in the mortgage market only by his desire, effort, and dedication, with no financial foundation to back him up.
Born in a village near Kolkata in India, Nirmalya was raised in a middle-class family. His mother was a stay-at-home wife and mom, while his father worked in the merchant navy. He was always a bright student, aiming for the highest scores. He began to earn early via tutoring others, supporting his pursuit of education through high school and college while also putting in a few extra dimes to help his family. He completed his undergraduate degree from the University of Burdwan. Still, Nirmalya could not continue his masters degree due to the urgent need to take over the family’s responsibility as his father retired early due to health issues.
Yet, despite this hopeless situation, Nirmalya was focused on his ambition to grow out of adversity and become successful. He did not limit himself to his life in the village, even when all the doors seemed closed. After taking several courses in computer and finance, he gained invaluable knowledge and migrated to Mumbai to get a better job. Once there, he continued working persistently, promptly utilizing new opportunities.
All of this led him to the USA in 1999, where he worked in an IT firm. In a short span of three years, he was promoted to the role of vice president. At this point, Nirmalya decided to establish his own IT firm. Despite having a solid business plan, he lost much money due to deceitful partners.
Unlike many others, Nirmalya treated this setback as a learning curve, moving to the real estate business. At last, Nirmalya began to see the best results of his perseverance and drive; he dealt extensively in sales development and recruitment, serving and satisfying customers looking for manageable mortgage loans. After nearly sixteen years in the industry, Nirmalya has established his identity as a mogul of the mortgage industry, funding over $2 billion while earning the trust of thousands of customers. His efforts have been appreciated by various organizations such as the NRI Global Pageant at Silicon Valley and AREAA (Asian Real Estate Association of America). He has also been awarded the Bank of America Platinum Award 2012 and more.
Nirmalya’s life is a testimony to the fact that ambition and the discipline to follow that ambition until the end can change life’s trajectory. There were countless moments when he could have given up, but he persisted. This drive and persistence have made all the difference, transforming Nirmalya Modak from a boy in a village to a mortgage industry mogul in the USA.