Full Service Mortgage Banking

Benefits of Working with a “Full-Service, Independent” Mortgage Banking Company

May 9, 2019

Many people in the commercial and multi-family real estate business are not familiar with the term “full-service, independent” mortgage banking company.

What does this mean?

Independent mortgage banking companies are generally regional privately held mortgage banking companies that offer high touch point service and compete in the market with publicly traded national full-service mortgage companies and mortgage brokers alike.

Barry Slatt Mortgage is a “full-service, independent” mortgage banking company with six offices throughout California and a $4.1 billion servicing portfolio. We have a 47-year track record of integrity, excellence, and service – built on the foundation of borrower trust and long-term lender relationships.

The following are advantages of working with a “full-service, independent” mortgage banking company.

  1. A “full-service, independent” mortgage banking company has proprietary correspondent relationships with lenders that cannot be accessed directly by borrowers or loan brokers.
  2. “Full-service, independent” mortgage bankers are singularly focused on the finance side of the business and have the depth of experience to properly structure loans.
  3. “Full-service, independent” mortgage banking companies provide their clients with access to their entire team including mortgage bankers, analysts, closers, marketing, and servicing specialists.
  4. “Full-service, independent” mortgage bankers are relationship oriented. They have the ability to manage through obstacles due to their strong relationships with 3rd party vendors (appraisers, environmental companies, insurance providers, etc.).
  5. A good “full-service, independent” mortgage banker understands that the best loans are not always about the interest rate and fee.
  6. “Full-service, independent” mortgage bankers can access open market lenders in addition to their proprietary correspondent lenders.
  7. “Full-service, independent” mortgage bankers can provide certainty of execution by accessing their diverse and trusted network of lender relationships.
  8. “Full-service, independent” mortgage bankers can create detailed, professional loan packages through their marketing and design teams to best market your loan.
  9. “Full-service, independent” mortgage bankers are relationship oriented with both borrowers and lenders, focusing on matching need with the appropriate capital.
  10. “Full-service, independent” mortgage bankers, work closely with their proprietary lending relationships to develop new and modify existing loan programs to meet the demand of the marketplace.