One closing, more cash.

Achieve more without creating work for you—or your clients.

 

The number of mortgage loan originations is on the rise, driven by the combination of a growing economy and lower interest rates. According to the MBA, total originations for 2019 are expected to come in at about $2.06 trillion—the highest level since 2007.

Borrowers come to you to make financing easy, to simplify the process, and overcome challenges. That’s why so many loan officers rely on Quorum.

Quorum can help you capture your share of this expanding market with HELOC solutions that are simple, fast and easy. Here are three ways you can differentiate your offering without wasting time, and your borrowers can get added cash without the hassles.

  • One application.
    Applying for a second loan doesn’t have to send you back to square one. Simply give us the same application you submitted for the primary mortgage. One call is all it takes to get the process rolling. We don’t require broker agreements or signup fees.

  • One set of documents.
    We know your time is valuable, so we don’t waste it on another time-consuming paper chase. We’ll work with the existing documentation, so you are free to focus your attention on educating your clients and growing your business.

  • One closing.
    Simultaneous closings keep the process as quick and convenient as possible. Your buyers make one trip to their attorney’s office to sign the papers for both loans and take possession of the keys to their new home.

Our number one objective is your success.

With a Quorum HELOC, your borrowers enjoy many advantages. They can make a smaller down payment and keep a cushion of cash in the bank. They can sidestep the expense of PMI or avoid the high cost of a Jumbo loan. Plus, an interest-only HELOC can also mean more affordable monthly payments.

A Quorum HELOC can get you to closing quickly without delays or disruptions that could upset your customers. With CLTVs up to 95%, our common-sense underwriting and responsive, expert service make it easy to structure a loan that meets your borrowers’ unique needs. Fast approvals keep your process on schedule. Should questions arise, our mortgage experts are available 24/7 to provide the answers you need.

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Start closing more deals today.

Email us today for a free deal assessment: MortgageSales@QuorumFCU.org

Banking That’s Good. For You.™

Quorum Federal Credit Union is a leader in innovative mortgage credit solutions. For more than a decade, our alternative lending products have helped our clients grow their businesses and create win/win situations for borrowers and originators. To learn about how we serve our members visit quorumfcu.org.

© 2019 Quorum Federal Credit Union. Serving members since 1934.