Open Mortgage Announces Launch of Wholesale Program

AUSTIN, Texas, June 14, 2017 /PRNewswire/ -- Open Mortgage LLC, a leading provider of traditional and reverse mortgages throughout the United States, announced their expanded Wholesale Program for Traditional and Reverse (HECM) Channels.

"By joining the Open Mortgage Wholesale Program, partners have access to an extensive network of loan programs, training, marketing, and loan tools. These provide brokers with powerful benefits," said Scott Gordon CEO, Open Mortgage.

The wholesale program offers a wide range of products such as FHA, USDA, VA, FHA DPA, HECM (Reverse) loans as well as Prime, Alt A (Non-QM Near Prime, Non-QM Non-Prime) with competitive rates and no lender fees (on wholesale transactions). It also provides fast underwriting, in-depth training, and a dedicated operations team to help partners grow their business.

"Open Mortgage's top priority is to provide mortgage professionals with a wide range of products that meet their borrowers' varying needs," said Kevin McKnight, Vice President of Forward Sales Division, Open Mortgage.

"We have built a team with a main objective of building strategic programs that position partners to take advantage of the opportunities in their markets, said Sharon Falvey, Vice President of Reverse Sales Division, Open Mortgage.

Open Mortgage also hired experienced mortgage industry specialist Jerry Burleson to manage the Traditional Mortgage Wholesale Team. Upon joining Open Mortgage, Burleson said, "I am very excited to be part of a team that builds a terrific wholesale platform committed to providing the highest level of customer service.  I am thrilled to be part of this dynamic group."

Brenley Gagnon, a mortgage and military veteran with more than 18 years in the marketplace, joined Open Mortgage, LLC, as a Regional Sales Manager for Wholesale Division of Home Equity Conversion Mortgages, commonly known as reverse mortgages.

"The reverse mortgage industry is misunderstood, and many brokers and clients don't understand how these loans can change the lives of seniors for the better. It's an exciting time to be in this industry. Open Mortgage has given me the opportunity to educate our brokers and clients about the reverse mortgage," Gagnon said.

To learn more about joining the Open Mortgage Wholesale program please visit http://tpo.openmortgage.com or contact Open Mortgage today.

About Open Mortgage
Open Mortgage is a multi-channel mortgage lender. At Open Mortgage, we believe that better is possible, and we are constantly striving to bring a better mortgage experience for everyone. We are committed to providing our retail and partner loan originators the training and support they need to grow their business. Founded in 2003, Open Mortgage is headquartered in Austin, TX and has retail locations nationwide. For additional information, visit openmortgage.com.

Media Contact: 
Paul Herrera
Marketing Manager
Open Mortgage
Phone: 512-492-3300

SOURCE Open Mortgage LLC

Related Links

http://www.openmortgage.com