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FundLoans.com has existing operations servicing Florida and the Western United States and is solely focused on jumbo non-QM loans. Using the platform to approve partners will ensure they do business with originators that need their unique jumbo product, and are accustomed to using the Comergence technology.
“We’re pleased that we can assist FundLoans.com with their Wholesale channel efforts and regard them as key players in a niche funding market,” said Comergence President Greg Schroeder. “The partnership will be a win for both the FundLoans.com team and all originators registered with Comergence who can utilize their specific product offerings.”
By choosing Comergence, FundLoans.com will also be able to standardize their recruitment process while having the added regulation benefits that the Comergence platform offers.
“Service is a critical part of our business philosophy and with expertise in specialized funding we need to have a process in place that can quickly get our brokers approved,” said Jon Maddux, FundLoans.com’s chief executive officer. “Giving them the ability to apply using the Comergence gold standard, falls in line with our service requirements.”