CORRESPONDENT WAREHOUSE LENDING
Wachovia is an established and active force in the real estate industry. Through our Correspondent Warehouse Lending group, we offer an array of services to support established mortgage banking operations and organizations with limited resources. As a part of the 4th largest bank in the United States, Wachovia Correspondent Warehouse Lending has the capacity and flexibility to address your mortgage banking needs; and our full range of other banking products and services provide you both convenient and responsive service.
Our team of seasoned mortgage professionals has more than 25 years of experience in the mortgage banking business. We are committed to delivering a tailored set of products and services to address the specific needs of each client. Our strong commitment to this business and our extensive experience mean that we can craft a set of solutions for almost any situation. Talk to us to see for yourself.
Programs
Our Correspondent Warehouse Lending programs provide a variety of benefits:
- Warehouse facilities from $1 million to $100 million
- Wet, dry and same day funding available
- Capacity for a broad range of client profiles—full back office to limited resource operations
- Very competitive risk-based pricing
- Advance rates based on approval type and product mix
Service
Our servicing structure is based on being responsive to client needs and providing information when our clients need it.
- State-of-the-art warehouse lending system
- Hands-on funding system and process flow with ongoing customer support
- Real time daily disbursements
- Comprehensive reporting and portfolio management capabilities
We want to be your warehouse lender. Talk to us today.