Archive for December, 2006

Sun Valley Mortgage

Sun Valley Mortgage is a net branch company based in Salt Lake City, Utah. They offer warehouse funding and multi-state licensing.
DETAILS:

No YSP disclosure
Direct bank pricing
Flexible commission structure, including 100%
Accounting, Licensing, Payroll, Quality Control, Government Reporting and Insurance handled by Corporate
Proprietary Calyx Point solution for online loan processing
Marketing and leads developed through Corporate

Sun Valley […]

1st Metropolitan Mortgage

1st Metropolitan Mortgage says they offer “Metrobranching”, which is somehow different than net branching. 1st Metro claims a branch support system that is readily available to any branch partner for answers to any sort of question that may come up during the course of managing a net branch.
DETAILS:

A licensing and compliance department […]

Southern Star Mortgage

Southern Star Mortgage is a net branch company based in East Meadow, New York. It claims 100 branches in 27 states, with the ability to broker loans, bank loans, or fund loans in-house.
DETAILS:

100% payout with direct pricing, including YSP.
Medical and Dental coverage with 401(k) available
Nationwide closing ability
Over 250 lenders
Non-disclosure of YSP on […]