Addison, TX (PRWEB) September 12, 2011
Schmidt Mortgage Company, a well-established Mortgage Company staffed with experienced mortgage professionals and based in Addison TX, is pleased to announce the addition of its newest team member, Brett J. Robinson, who will manage the newest division of Schmidt Mortgage Company - the 1st Tribal Lending Division.
The 1st Tribal Lending Division at Schmidt Mortgage Company is designed to finance American Indian Housing, and will be active in the Correspondent and Wholesale area. Brett brings over 20 years of experience in the mortgage industry, including extensive experience in American Indian Housing Finance, obtained from his role as Managing Member of WSR Loan Management, LLC and its partnership with Bank 2, one of the largest active producers of Section 184 Indian Home Loans nationwide. Brett’s team includes Kim Wilkins, Operations Manager, and the California-based staff of underwriters and closers who were previously with him at WSR Loan Management. Kim Wilkins has ten years experience with the Section 184 program which she initiated at Headlands and Greenpoint Mortgage. Also joining Schmidt is Darkfeather Ancheta, a member of the Tulalip Tribe of Washington State, as Schmidt’s tribal outreach and marketing person.
As Director of the 1st Tribal Lending Division of Schmidt Mortgage Company, Brett will be responsible for the production and servicing of the Section 184 Guarantee Program. The Section 184 Indian Home Loan Guarantee Program is a mortgage product specifically for American Indian and Alaska Native families, tribes, Alaska Villages or tribally designated housing entities. Congress established this program in 1992 to facilitate homeownership in Native American communities. Section 184 financing makes it possible to get into a home with a low down payment, no mortgage insurance and flexible underwriting.
CEO of Schmidt Mortgage Company, Jeff Bode, was enthusiastic about the addition of Brett to the Schmidt Team as Director of the 1st Tribal Lending Division. “We are extremely confident in Brett’s ability to lead us in launching the 1st Tribal Lending Division. Brett’s vast experience and expertise in such a specific mortgage market will undoubtedly be critical to the success of the newest division of Schmidt Mortgage Company.”
About Schmidt Mortgage
Schmidt Mortgage Company is a national Mortgage company established in 1940 in Cleveland, Ohio. Schmidt Mortgage provides a wide array of products to meet the needs of borrowers. Offering Wholesale and Retail Lending Services across the country, Schmidt Mortgage Company holds the following licenses and approval levels: FHA Direct Endorsement, Ginnie Mae Issuer, VA Automatic Approval, USDA Rural Development National Lender, Fannie Mae Seller/Servicer, and Multi State lending license. A fundamental belief in hard work, high ethical standards, and the use of advanced technology are the foundation upon which Schmidt Mortgage Company is based and will continue to grow upon. For additional information, visit http://www.schmidtmortgage.com or call (214)-261-3300.