Direct Lender

Lenders like to say they are direct. They also say they are big or have assets or they are fast. They just might be wearing a funny hat and can't close your home on time

Here are the top twenty Companies and banks that Closed Mortgage Loans in the United States in 2012.

	Flagstar Bank	Troy, MI	$53,586,827,000	94%/6%	221,237	$26,612,567,904	2,871	50	20
2	Guaranteed Rate	Chicago, IL	$14,710,666,093	0%/100%	53,411	$6,800,000,000	750	49	12
3	Freedom Mortgage Corp.	Mount Laurel, NJ	$13,772,356,120	71%/29%	65,163	$3,589,663,484	125	50	23
4	PrimeLending, PlainsCapital Company	Dallas, TX	$13,735,022,825	0%/100%	66,670	$8,787,254,188	1,185	50	27
5	Stearns Lending Inc.	Santa Ana, CA	$11,810,814,448	82%/18%	48,655	$5,692,804,090	560	49	23
6	Pinnacle Capital Mortgage	Roseville, CA	$7,647,142,667	32%/68%	29,732	$4,999,555,953	995	13	5
7	Sierra Pacific Mortgage Co. Inc.	Folsom, CA	$7,559,405,058	75%/25%	29,917	$5,162,249,725	368	48	27
8	Mortgage Master Inc.	Walpole, MA	$7,305,861,638	0%/100%	23,809	$5,285,471,564	250	22	25
9	United Shore Financial Services LLC	Troy, MI	$7,041,740,634	88%/12%	34,091	$1,797,284,739	75	49	27
10	Fremont Bank	Fremont, CA	$7,000,016,431	24%/76%	25,024	$3,771,706,000	33	3	49
11	George Mason Mortgage LLC	Fairfax, VA	$6,577,775,135	38%/62%	18,617	$3,893,934,538	155	10	26
12	W.J. Bradley Mortgage Capital LLC	Centennial, CO	$6,495,740,657	0%/100%	22,187	$2,378,546,301	440	22	11
13	Guild Mortgage Co.	San Diego, CA	$6,441,077,578	10%/90%	31,691	$3,571,310,464	802	37	52
14	Fairway Independent Mortgage Corp.	Sun Prairie, WI	$6,001,390,613	8%/92%	29,377	$3,609,673,149	522	45	16
15	Caliber Funding LLC	Irving, TX	$5,484,274,224	65%/35%	23,068	$891,506,517	211	47	5
16	Cole Taylor Mortgage	Ann Arbor, MI	$5,187,000,000	81%/19%	20,617	$1,880,000,000		41	3
17	Primary Residential Mortgage Inc.	Salt Lake City, UT	$4,990,129,796	0%/100%	25,715	$3,473,560,028	831	50	14
18	New Penn Financial	Plymouth Meeting, PA	$4,773,680,000	41%/59%	19,268	$1,492,728,813	468	46	5
19	Academy Mortgage	Sandy, UT	$4,663,752,424	0%/100%	25,935	$3,327,846,391	705	44	25
20	Mortgage Services III LLC	Bloomington, IL	$4,599,082,172	80%/20%	20,699	$2,880,410,086	122	42	6

W.J. Bradley was number 12 last year and in June of 2013 we were number five. The only Bank on the list is Flagstar - forget about Wells Fargo, Chase, Bank of America they aren't in the top 150.

My company has the smallest number of  mortgage loan originators in the top 50. We also have the fastest turn time. Caroline Gerardo with W J Bradley closed purchase loans in eleven days. Think of me as the little engine that could. Call and find out what is the difference between a real direct lender who has assets to weather the storm.

(949) 637-8190  C. G. Barbeau  NMLS # 324982

Free Sweet Pea Seeds Offer

 

Sweet Pea Offer to my readers

Foreign National Mortgage Loan

Items needed for a mortgage loan upfront:

Gather all these in pdf format, break into two or three emails to send smaller files

Past two years Federal Tax returns signed From your country & United States returns with rentals

Past 90 days actual bank statements (not online printouts). Online printouts are when you just download a screen print. Instead, go to "print a statement" and save as pdf. in your computer to forward.

All deposits larger than $500. that are not payroll must have a paper trail

Two types of ID : driver’s license / passport copies
Sign the attached five forms

credit card for $150 international credit report
four credit references written on the Loan Application 1003

Complete 1003 mortgage application

Schedule of real estate owned

Mortgage bill, front page of fire insurance, and property tax bill

Current paycheck stub for 60 days

All loans are full recourse and in the Borrower’s name. Foreign Nationals can get loans in the U. S. but you need to establish credit in the American system as rates are partly driven by FICO score. A Canadian will only have a Beacon score, but can establish Experian, Tran Union and Equifax files by opening small secured VISA or Mastercards with American companies.

 

 

Establishing credit in the U. S. will also be helpful in opening American bank accounts as you will need to pay bills in American dollars and receive rents in our exchange.

We DO NOT loan to LLC’s or entities. If you went to a seminar that told you to invest in different LLC’s to avoid lawsuits or taxes you wasted your money on the seminar.

Acquiring a mortgage on Residential property in the United States is full recourse and in your name or as Joint Tenants. Getting a loan after the crash of 2008 is not simple or easy. If you do not want to provide some of the paperwork you will not get a low interest rate.

 I also have low documentation loans available but the mortgage Rates are more than double because of the risks. Low doc loans start at eleven percent and can be as high as thirteen percent for non-owner occupied foreign nationals buying in the U. S.