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rubenjtorres
265 Posts |
Posted - 11/07/2009 : 2:20:37 PM
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| Im thinking of making a move to a direct/corres. lender, that allows to broker loans. The problem is I don't know of any here in California. Does anyone know any that are good? |
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velecico
5309 Posts |
Posted - 11/07/2009 : 3:27:13 PM
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call pat theodora at platinum home mortgage out of LA area |
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rubenjtorres
265 Posts |
Posted - 11/07/2009 : 6:59:16 PM
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| What there number? Do you happend to have it? |
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peter
6464 Posts |
Posted - 11/07/2009 : 7:14:21 PM
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Nick, have never heard of Platinum Home Mortgate but will appreciate your giving their website and number.
I am with a brokershop in Woodland Hills, near to my home, but I occasionally do business with correspondents/brokers on conventional loans because they have a bigger volume and are approved with more banks and credit unions.
I am recommending these 2 correspondents/brokers:
Surety Financial Services www.Suretyfinancial.com Sherman Oaks, CA Priority Financial Network www.priorityfinancial.net Calabasas, CA
Both are good and we got paid when we sent loans thru them.
Also, there is a larger correspondent/broker called
Skyline Financial in Encino that many experienced L/Os and brokers went to work with them recently. Have never done biz with them but they have track records as lenders on public records in L.A.? A former Wachovia A/E who used to my wholesale A/E is now working there. They must be alright, as otherwise this good A/E would have quit some months ago.
Good Luck.
Peter |
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LaRue
71 Posts |
Posted - 11/10/2009 : 3:03:01 PM
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| Are these correspondent lenders nationwide? |
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peter
6464 Posts |
Posted - 11/10/2009 : 7:12:44 PM
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Sean, they are not, I know PFN covers 12 Western States including Colorado and Surety covers some Western States. Ascent Home Loan and Clarion Mortgage, both of which are based in Colorado probably cover more States.
You should talk to Bob who is specialized in placing L/Os to the nation-wide correspondents about which nation-wide correspodent you should interview with. I only know these 2 correspondents in L.A. area that are not really nationwide.
Good Luck.
Peter |
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kkhanna
224 Posts |
Posted - 11/10/2009 : 8:02:12 PM
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| Anyone know any direct/Correspondent Lenders in Northern Virginia??? |
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peter
6464 Posts |
Posted - 11/10/2009 : 8:21:14 PM
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The world of net branches and correspondents is so vast. You should either consult an expert like Bob who is often on the BO who knows the ins and outs, or call up these lenders:
GMAC Wells B of A
and ask them to connect you with the correspondent department. Then, obtain the information from them the names and contacts of their correspondents in Northern Virginia.
The manger in charge of corespondent relationship will be able to direct you to one of his active accounts and eventually your business with the chosen correspondent will become his.
Peter |
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showtime240
240 Posts |
Posted - 11/10/2009 : 9:21:41 PM
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quote: Originally posted by peter
The world of net branches and correspondents is so vast. You should either consult an expert like Bob who is often on the BO who knows the ins and outs, or call up these lenders:
GMAC Wells B of A
and ask them to connect you with the correspondent department. Then, obtain the information from them the names and contacts of their correspondents in Northern Virginia.
The manger in charge of corespondent relationship will be able to direct you to one of his active accounts and eventually your business with the chosen correspondent will become his.
Peter
I never thought of that, now this is a great idea. |
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1003s.com
4157 Posts |
Posted - 11/11/2009 : 09:39:02 AM
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quote: Originally posted by peter
The world of net branches and correspondents is so vast. You should either consult an expert like Bob who is often on the BO who knows the ins and outs, or call up these lenders:
GMAC Wells B of A
and ask them to connect you with the correspondent department. Then, obtain the information from them the names and contacts of their correspondents in Northern Virginia.
The manger in charge of corespondent relationship will be able to direct you to one of his active accounts and eventually your business with the chosen correspondent will become his.
Peter
Thanks Peter, as always your support is greatly appreciated. |
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rubenjtorres
265 Posts |
Posted - 11/11/2009 : 09:46:27 AM
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| bob I just sent you an email. |
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1003s.com
4157 Posts |
Posted - 11/11/2009 : 12:32:20 PM
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quote: Originally posted by rubenjtorres
bob I just sent you an email.
Thanks Ruben... |
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shea1
367 Posts |
Posted - 11/11/2009 : 2:06:30 PM
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| We are direct in maryland |
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1003s.com
4157 Posts |
Posted - 11/11/2009 : 2:08:50 PM
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quote: Originally posted by kkhanna
Anyone know any direct/Correspondent Lenders in Northern Virginia???
Kunal, I recruit for one that is licensed in VA, their corporate office is
a fews hours away from Tyson's Corners in normal traffic.
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