Federally regulated bank wants to Partner with Mortgage Company: Will buy in for 10% - 25% ownership
Benefits to you:
Upfront Cash Payment.
Close Loans in all 50 States.
Exemption from state licensing requirements.
Access to Banks warehouse line at a reduced cost to you.
Accounting, IT, HR and Compliance services if desired.
No changes to your company at all.
Bank's Goals:
Develop commercial banking relationships. They would like their partners to bank with them. This would also be of benefit to the mortgage company, as they would receive preferential rates and service levels for their banking needs.
Run the loan volume through their secondary marketing department.
Please feel free to contact us for more information.
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