Be a banker! What a great way to get started. We underwrite the loans and draw the docs! More control and less disclosure with less risk for the emerging mortgage banker.
EMB Loans closing with Franklin American Documents -
The Emerging Mortgage Banker Program is designed for Brokers who have the resources to fund their own loans using their own warehouse line. This allows the EMB to maintain control of the funding process without incurring the expense of employing an entire back shop to resolve post closing issues. Another added bonus to this program is not having to disclose the Yield Spread. In order to become an approved EMB please complete the “EMB Addendum to the Broker Agreement ” below.
Great Resource for your first warehouse line or an additional warehouse Line:
FirstFunding
4400 Alpha Rd.
Dallas, TX 95244
Contact:
Greg Chafin (California)
Director of Sales & Marketing
214.270.0465
gchafin@firstfundingusa.com
Check out this presentation on Making the Jump.
FAMC also supports Emerging Mortgage Bankers who want to draw their own docs. Contact Terri for more information. |