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We are a correspondent Lender
What is a correspondent direct lender?
A correspondent lending mortgage company originates, processes, underwrites and funds their own loans.
What is the difference from a plain mortgage broker?
Mortgage Brokers originate, process your loan they do not underwrite, close, or fund the loans. You most often do not deal directly with the real lender, or even know who the real lender is until closing. The process works, with one exception - you may not get the best deal. The higher rate you pay, the more the broker earns. You might also be very surprised to find out that many so called "top lenders" are really just small brokers with very few employees.
Why doesn't everyone become a correspondent direct lender?
 Mainly because it is easy to become a mortgage broker, but is extremely difficult to become a correspondent lender. There are two primary criteria that most mortgage brokers cannot meet. The first is you must have a seven-figure net worth. The second is an initial audit process that scrutinizes your past lmortgage loan transactions.
You're ineligible if predatory lending practices are found, or questionable transactions are uncovered. Our correspondent direct lender status is hard earned and we believe it affords our loyal following of customers many benefits.
What are some of the other benefits of a correspondent lender ?
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Correspondent lenders typically get better pricing from funding sources
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Many of the highest producing real estate agents refer their clients to correspondent lenders only. It makes their buyer's offers more credible to sellers, and provides all parties involved in the transaction more confidence that those lenders will get the loans closed on time, every time.
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Most conforming fixed rate mortgages are sold by correspondent lenders to large servicers. Because of the high credit quality of these entities, the original mortgage loans can be offered at lower rates.
Local Banks, Credit Unions, Mortgage Brokers, and other mortgage companies are limited by the number of programs they can offer. These lenders typically represent just a small handful of investors and options.
Our correspondent lending allows you to find the right mortgage program that best works for you and you have more financing options.
Our experience and understanding of home mortgage lending options ensures that the qualifying and approval process goes extremely smooth for you.
 Find out the advantage correspondent lending can mean for you!
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