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1st Reverse Mortgage USA launches new site

National Mortgage Professional
Oct 26, 2005

Impac launches broker to banker programMortgagePress.comImpac, broker to broker program The Impac 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 numbers. 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.
Published
Oct 26, 2005
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