Mortgage broker license fl
Mortgage Benefits Corp. Signs Global Mortgage, Inc. as a Preferred Provider in The Mortgage PPO; Over 200 Global Mortgage Branches to Join The Mortgage
REDWOOD CITY, Calif. -- Mortgage Benefits Corporation (MBC; www.mortgageplans.com) today announced that Global Mortgage, Inc. (www.eglobalmortgage.com), the fourth-largest mortgage brokerage firm in the U.S., has joined The Mortgage PPO(TM), the mortgage delivery platform of MBC's MortgageChoice Plan(TM), as a Preferred Provider.
The MortgageChoice Plan is no-cost group mortgage benefit that is offered through employer benefit packages as a voluntary benefit to assist employees who wish to purchase or refinance a home. Mortgage services are delivered to employees through The Mortgage PPO, a national network of Preferred Providers who offer discounted mortgage services, preferred loan products, and substantial savings on title insurance premiums, escrow/closing fees, and property appraisal fees.
Global Mortgage will provide mortgage services to Plan members in 35 states. Global Mortgage plans to provide coverage in all 50 states by year-end 2005.
"The addition of Global Mortgage within the Mortgage PPO will significantly enhance our Plan members' options when choosing a loan officer," said Marsha Tiller, founder and president of MBC. "Global fits MBC's criteria of a Preferred Provider: excellent customer service, strong compliance, preferred pricing, and many locations to serve Plan members' requirements. With over 200 branches and more than 2000 loan officers, Global Mortgage provides the coverage footprint MBC needs to satisfy the growing demands of our marketplace."
The MortgageChoice Plan, a non-ERISA plan, is sponsored and administered by MBC at no cost to the employer or employee. The MortgageChoice Plan is marketed to Fortune 2000 corporations and member associations exclusively through benefit brokers and consulting firms.
MortgageChoice Plan member benefits include discounted mortgage fees and rates, guaranteed cash credits toward non-recurring closing costs, a superior loan product selection from over 100 wholesale lenders, exclusive loan products from Preferred Lenders, a self-service Web portal, a searchable agent database, The Realty PPO(TM), a Member Help Center, consumer protection, and bundled discounts on settlement services.
Employees, their spouses, domestic partners and other family members are eligible. Plan members have instant access to MBC's patent-pending Mortgage PPO.
"The Mortgage PPO provides a unique marketing platform that will enable our branches to continue to achieve maximum exposure in the untapped corporate marketplace," said Mitch Freifeld, president of Global Mortgage. "Global Mortgage looks forward to working with MBC and offering MortgageChoice Plan members our expertise and preferred pricing, regardless of credit scores and so forth, from the many approved lenders in our portfolio. We intend to continue our seamless approach to the mortgage process, enabling customers to easily access our offices and the appropriate information for qualification, regardless of their particular mortgage needs."
About Global Mortgage, Inc.
Clearwater, FL-based Global Mortgage, Inc. is a full service mortgage broker that has built a strong reputation for serving the lending needs of real estate professionals, builders and individual homebuyers nationwide. Global Mortgage offers expertise in every area of mortgage lending -- from purchase to refinance to construction lending -- and is the 4th largest and one of the fastest growing mortgage brokerage firms offering branch opportunities in the industry. Through Global Mortgage, customers not only have access to the best loan programs available in the marketplace, but can also review loan alternatives, and even apply for loans online, 24 hours a day. Global Mortgage is currently licensed in over 35 states, with license approval pending in additional states, has more than 200 branches and 2,000 professional loan officers nationwide, and is approved with more than 260 leading wholesale lenders. For more information, visit www.eglobalmortgage.com.
About Mortgage Benefits Corporation
Mortgage Benefits Corporation's (MBC) mission is to make the mortgage buying process more cost effective, intelligent, and convenient for employees by offering a turnkey solution in their employee benefit package. MBC pioneered the concept of Group Mortgage Benefit Plans with the introduction of the MortgageChoice Plan(TM), a no-cost voluntary benefit that assists employees who plan to purchase or refinance a home. The MortgageChoice Plan allows employees to purchase mortgage services through an employer group plan at rates more favorable to Plan participants. Plan Members have one click access to MBC's patent-pending Mortgage PPO(TM), the first wholesale lending platform of its kind, and The Realty PPO(TM). Founded in 2003, MBC is a privately held corporation headquartered in Redwood City, CA. For more information, visit www.mortgageplans.com.