Inlanta Mortgage adds in-house underwritingMortgagePress.comInlanta Mortgage, Randy Burgei, FHA direct endorsement underwriter
Inlanta Mortgage, a mortgage banker and broker since 1993, has
added in-house underwriting to its extensive list of support
services for loan officers and partner branches. Randy Burgei, a
FHA direct endorsement underwriter, has joined Inlanta Mortgage to
develop the company's in-house underwriting, insuring and shipping
departments. He also helped the company achieve full Eagle status,
meaning Inlanta will be able to originate and sell FHA-insured
mortgages without prior approval from a sponsoring lender. With
Burgei's Direct Endorsement status, the company can streamline the
application process and provide greater flexibility for originators
and borrowers.
"With numerous, significant benefits in operating with in-house
underwriting, we are pleased to bring this resource to our loan
officers and branch partners," said Jean Badciong, vice president
of operations at Inlanta Mortgage. "It's an honor to welcome Randy
to the team, and we are looking forward to the contributions he
will make to the growth and progress of our company."
With this attainment, Inlanta Mortgage is able to take advantage
of improved pricing from many of its investors. Also beneficial is
the familiarity and consistency gained by working solely with an
in-house underwriting department, which is something not often
achieved in working with outside firms. This added service is also
helpful in recruiting mortgage professionals, who are looking to
acquire the benefits of in-house underwriting.
Increased control is another reason Inlanta Mortgage added an
in-house underwriter. Accordingly, and with careful management, it
can control its own turn times. The company will also benefit from
control over individual branch file quality and the ability to
provide training to loan officers on a regular basis, therefore
allowing it to close more loans.
The addition of in-house underwriting also brings many
opportunities for the company. This includes the option to add FHA
lenders who do not currently work under the sponsorship plans.
Furthermore, with in-house underwriting, there are additional
execution options for VA and USDA loans. And now, Inlanta Mortgage
can offer third party origination services to banks and credit
unions.
With 23 years of government and conventional underwriting
experience, Burgei has a wealth of knowledge and skill in
underwriting FHA/VA, USDA and conventional first and second loans.
His common sense approach to underwriting, ability to teach and
train a team, plus his experience with several of Inlanta
Mortgage's existing investors make him an excellent fit to
implement in-house underwriting at Inlanta Mortgage.
For more information, visit www.inlanta.com.
