SearchMyLoan.com announces partnership with CMG MortgageMortgagePress.comSearchMyLoan, CMG Mortgage, loan search engine, Home Ownership Accelerator
SearchMyLoan.com (SML), a provider of loan search and pricing
services for the mortgage industry, announced a strategic alliance
with San Ramon, Calif.-based CMG Mortgage, a national lending firm
providing both mortgage banking and mortgage brokerage
services.
Through this joint venture, CMG Mortgage's loan products are
available to originators through SML's search and pricing platform,
giving originators access to CMG's wholesale loan products and its
new Home Ownership Accelerator loan program. The Accelerator
combines the borrowers checking, home loan and home equity line
accounts into a single loan account that automatically transfers
all deposited cash against the loan balance each day in order to
save mortgage interest.
"Our partnership with SearchMyLoan.com enables our broad array
of mortgage products to be more readily available to a larger
number of loan officers," said Doug Nesbit, vice president of
marketing for CMG Mortgage Services. "The system creates another
avenue for our loan products to get the attention of potential new
customers, helping to boost our companys recognition and
profitability."
"With the addition of CMG Mortgage to our platform, we have
enhanced our own ability to provide additional lending products to
our customers," said Salvatore Tomaselli, CEO of SearchMyLoan. "In
addition to CMG's competitively priced conventional loans and FHA
loans, originators now also have access to an innovative mortgage
product that will help their customers pay off their mortgage more
quickly."
SearchMyLoan.com's platform is a loan search engine providing
comprehensive search and pricing for every loan type, such as
A-paper, ALT-A, FHA and sub-prime loans. The SML platform provides
CMG Mortgage's originators a comprehensive search and pricing
capability to virtually every loan type available, accelerating the
origination process and enabling loan officers to offer a wider
variety of products to borrowers.
For more information, visit www.searchmyloan.com or www.cmgmortgageservices.com.
