Total Mortgage Approved as a Fannie Mae Seller Servicer

Total Mortgage Services LLC has announced that it has received approval with Fannie Mae to be a seller/servicer for one- to four-family first lien mortgages and can now retain mortgage servicing rights, expand product offerings as well as sell and pool loans into mortgage backed securities. Total Mortgage has been assigned Fannie Mae Seller Service Number: 27127-000-3. "We are extremely pleased to be an approved seller/servicer with Fannie Mae after going through their rigorous approval process,” said John Walsh, president of Total Mortgage Services LLC. "Total Mortgage is committed to delivering the perfect mortgage, not only to our investors, but also to borrowers and this approval will further enhance our pricing advantage, while positioning us to leverage our operational infrastructure to drive our geographic and channel expansion." Total Mortgage, which offers some of the lowest mortgage rates on jumbo loans, FHA-insured mortgages, 30-year fixed-rate mortgages (FRMs), and adjustable-rate mortgages (ARMs) through its retail and wholesale channels, is licensed in California, Colorado, Connecticut, Delaware, Florida, Georgia, Illinois, Massachusetts, Maryland, Maine, Michigan, Mississippi, New Jersey, New York, New Hampshire, North Carolina, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Vermont and Virginia and the District of Columbia. Total Mortgage currently has five additional state licenses pending.