Home Point Named 2nd Largest Wholesale Mortgage Lender
Jun 03, 2020 | Broker
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 second-largest wholesale mortgage lender with 400% year-over-year growth, according to Inside Mortgage Finance. We also now advanced to the 13th largest correspondent lender and rank as a Top 20 national mortgage lender across all channels. We expect our loan volume to double to $50 Billion in 2020.
Our secret? The trust we’ve earned from successful wholesale broker partners like you.
At a time when our homes are more important than ever, we are delivering a lifetime of customer value that helps brokers build a sustainable business. We know you work hard to earn customers and serve borrowers well. That’s why you need a lender partner – not a competitor -- who cares about your long-term success.
Here are three key areas contributing to our record growth:
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. We offer consistent, competitive rates that last for more than fifteen minutes, a flexible rate lock policy and easy appraisal transfers. These benefits are passed directly to your homebuyers in the form of better customer service and lower rates. Our streamlined process paired with the best associates in the industry, builds trusted lifetime relationships.
We go beyond the loan
We believe getting a home loan is just the beginning of a relationship. Because Home Point retains over 99% of the loans we originate for servicing, we help you stay connected with your customers and earn repeat business through our Customer for Life initiative. This commitment ensures each customer interaction becomes an opportunity for you to maintain a strong connection, providing a greater opportunity to work with your customers on the next transaction. We now service loans for more than 265,000 customers nationwide.
We believe in empowering our partners
Home Point’s structure and culture is nimble and empowers associates to offer exceptional service. Each partner has a skilled Home Point concierge team that understands their local market, uses common sense underwriting and are empowered to problem-solve on the spot, ensuring every loan stays on track. We are proud of our associates, and consistently hear that Home Point shines because of the care we offer to every customer and every loan that our partners entrust to us.
Thank you for trusting us with your customers. We can’t wait to be a part of what’s next.
Talk to your Home Point Account Executive about new pricing available in June.
Not a partner yet? Find out how you can get started with Home Point today.