Impac launches broker to banker programMortgagePress.comImpac, broker to broker program
Companies, the family of affiliates and subsidiaries owned by
Impac Mortgage Holdings Inc., has announced that its subsidiaries
Impac Funding Corporation and Impac Warehouse Lending Group have
launched a new broker to banker program designed to facilitate the
transition for mortgage brokers looking to become mortgage bankers.
The new program will provide qualifying brokers with customized
warehouse lines of credit and same-day funding capability with up
to 100 percent financing on all loans sold to Impac.
Impac's broker to banker program includes a variety of features,
including up to 100 percent financing, same-day fundings, online
reporting, a $3 million start-up warehouse line of credit,
correspondent lending (flow and bulk delivery), credit relief with
every iDASLg2 approval, a full array of alt-A and alt-B paper,
programs from full-doc to no-doc, online marketing campaigns,
nationwide lending, Web-based funding requests, electronic
collateral delivery and tracking and Web access to Fed reference
Based in Newport Beach, Calif., Impac Funding Corporation is a
nationwide alt-A residential mortgage originator. For more
information, call (888) 757-1790 or visit www.impacfundingcorp.com.