Broker2Banker Services
The Plug-and-Play Solution
While other companies may offer consulting services, no one provides the same level of service as Broker2Banker. (Success, after all, isn’t just about access to the funding.) From an initial business plan to ongoing consulting assistance to an easy-to-use software interface, Broker2Banker has designed the only true plug-and-play solution in the industry.
B2B Services
Broker2Banker helps mortgage brokers navigate the maze of paperwork, applications, forms, quality control procedures, lock desk, secondary marketing policies and procedures, lender negotiation, software, accounting, tracking and staffing that the Mortgage Banker is required to perform before funding the first loan.
Business Plan: Broker2Banker will help you create a customized business plan, tailored to your existing business levels as well as your goals.
Out Sourced Staff Services: Broker2Banker provides the Mortgage Banker with experienced staff knowledgable in Correspondent Lending. The staff will perform underwriting validation, funding and loan delivery. Our total back office support staff will also assist you with your day-to-day needs providing secondary marketing support and quick, efficient loan purchase management.
Approval Process: We help you navigate the maze of paperwork, applications, forms and quality control steps.
Warehouse Line Management: Broker2Banker will assist with your warehouse line management from funding to reconciliation of funds. Monitoring day to day movement of your warehouse line with an eye to cash flow and profitability.
Correspondent Investor Relationships: Broker2Banker has established relationships with the majority of the major correspondent investors and by pulling all Broker2Banker clients as one pool of loans we can help negotiate better pricing, fees and services from those investors. All of which will increase profitability for the new Mortgage Banker.
Underwriting: Broker2Banker provides underwriting in a number of ways, our own staff underwriter or contract underwriting utilizing an investor approved Mortgage Insurance company. The latter moves the Representations and Warrants off the Mortgage Banker and on to the Investor.
Loan Tracking: Available Loan Tracking software can be accessed online providing up-to-date tracking of every loan in the Mortgage Banker pipeline.
Loan Pricing and Loan Search Engine: Broker2Banker recommends that each new Mortgage Banker utilize a loan pricing and program search engine to maximize profitability. There are a number of these search engines available and Broker2Banker will assist the new Mortgage Banker to find the product that best serves their needs.
Quality Control/Compliance Reporting: Broker2Banker will assist with all facits of Quality Control and Compliance required by the Warehouse Lender, Investor, and all Governmental Agencies, including establishing your Quality Control and Loan Monitoring Procedures .
