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Monday, July 17, 2006

MortgageTree Lending

MORTGAGETREE LENDING has focused on service and innovation. The company was established in 1986 and focused on its California based retail business until 1999. Since 1999, the company has created its Network Branch Program that is designed to deliver "state-of-the-art" service to its branches. MORTGAGETREE LENDING is a proud sponsor of Mortgage Originator Magazine's superstar series as well as Todd Duncan's Superstar Seminars. The MORTGAGETREE LENDING network consists of more than 50 branch locations today.

Our Network Branch Program allows you to operate as a mortgage lender with in-house underwriting, closing and funding on all your loan programs. The available products under this program include FHA, FNMA, Jumbo, Alt A, Sub prime and Second Mortgages. As a mortgage lender the files will be underwritten in-house and closed in your name. As a member of the network, you will have excellent turn-around time for your files and you will benefit from reduced disclosure of fees at closing.

The requirements to join this program are as follows:

1. A track record of closing 8-10+ loans a month
2. Calyx point processing software.
3. High speed internet access.
4. Non-residential office location.
5. A desire to grow your business.

There is no start-up fee for this program. You will receive a very competitive rate sheet daily for all your product needs. As a lender you will set the fee to the customer for the processing services and any miscellaneous services, which allows you to recover some or all this branch fee.

In addition to the above you will receive 100% of the origination fee, 100% of the yield spread premium, 100% of the discount points quoted to the customer and 100% of Processing fees charged.

As a network branch of MORTGAGETREE LENDING you have the opportunity to originate loans in any of the 44+ states the company is licensed in. MORTGAGETREE LENDING will handle HUD audits, state audits, investor relations, state licensing and warehouse audits. MORTGAGETREE LENDING will also handle accounting and reporting, payroll administration, benefits coordination, IT support and legal issues.

There is simply no better place to grow your business!

Check out our website for more information

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