Guaranteed Home Mortgage Company announces new survival package for struggling mortgage companies MortgagePress.comGuaranteed Home Mortgage Company, survival package, branch office, David Wind
Guaranteed Home Mortgage Company Inc., a White Plains, New
York-based residential mortgage investment and banking firm, has
announced a new survival package for struggling mortgage companies.
The package consists of assistance in compliance, marketing,
accounting and processing, and the use of proprietary software
systems, under the Guaranteed umbrella.
To receive the package, companies may join Guaranteed as a
branch office provided they have sufficient mortgage banking,
brokerage and management experience. Guaranteed then lets the new
branch focus on its core competency of generating business revenue
while it handles licensing issues, regulatory reports and other
auxiliary functions. Guaranteed's loan-origination program and
lead-management system would cost an independent organization
hundreds of thousands of dollars, but they are provided for free,
with training, for Guaranteed affiliates.
David Wind, principal and president of Guaranteed, noted, "Our
comprehensive support structure emphasizes mortgage banking
fundamentals and serves as a major component of our new survival
package. We also help our branches leverage our national operation
to achieve lower-cost financing for their clients while maximizing
their own returns on each transaction."
He went on to describe the company culture as another major
factor in its success. Originally a family-owned business,
Guaranteed emphasizes a "people-oriented" approach. It ensures all
its branch personnel receive extensive training, mentoring and
support, including a weekly national conference call, and a
Quickpay system to provide agents next-day payment after the
funding of a loan.
For more information, visit www.ghmc.com.