Home Point Named 13th Largest Correspondent Lender
Jun 03, 2020 | Correspondent
When you succeed, we do too.
As Home Point marks its fifth year in business, we are excited to share that we were named the 13th largest correspondent lender, according to Inside Mortgage Finance. We also now rank as a Top 20 national mortgage lender across all production channels and expect our combined loan volume to double to $50 Billion in 2020.
Our recent growth is made possible because of the trust we’ve earned from successful correspondent lender partners like you. At a time when our homes are more important than ever, we are delivering a unique customer experience built on stability, trust and speed.
We know you rely on collaborating with strong partners who will put your clients in the best position long-term. That’s why we retain servicing on over 99% of our loans – now more than 265,000 households.
Here are three key areas contributing to the record growth in our correspondent lending channel:
We’re the best partner for third party originators
Home Point’s growth stems from our ability to fully focus on being the best ally to our broker and correspondent partners because we don’t have the distraction of a brick and mortar retail channel. Our streamlined process paired with the best associates in the industry, builds trusted lifetime relationships. Our experienced account team ensures your loans are reviewed quickly and you get competitive pricing regardless of delivery method.
We go beyond the loan
We believe getting a home loan is just the beginning of a relationship. Because Home Point retains most of the loans we originate for servicing, we focus on the long-term success of the customer. We’re proud to be among the top 30 residential mortgage servicers with a rating of SQ3+ from Moody’s Corporation. As a non-bank mortgage lender, we ensure your customers have a positive servicing experience and we don’t compete with depositories on other financial products.
We believe in empowering our partners
Home Point’s structure and culture is nimble and empowers associates to offer exceptional service.
In today’s market, we know correspondents need a partner who can effectively manage customers through work-out scenarios, provide servicing advances to agency partners, and maintain a position of strong liquidity. Home Point continues to take the steps necessary to successfully manage these functions, as well as provide our partners with the products they need to fund loans. Our product offerings are aligned to ensure responsible homebuyers have access to market leading rates and terms.
Thank you for trusting us with your customers. We can’t wait to be a part of what’s next.
For more information about working with Home Point, please contact your Sales Manager.