“The statistic supports the overall wholesale lending business on the rise.
Santa Ana, CA (PRWEB) April 23, 2012
ClearVision Funding (CVF), a full service Wholesale Mortgage Banker, specializing in Conventional and FHA loans, closed a record $1 Billion, during the first twenty-months of funding loans. The huge growth is attributed to a more forward-thinking, strategic business model that focuses on loan efficiencies and compliance, streamlined policies, and profitable growth.
Since ClearVision’s first funding in June 2010, the company’s record closing includes $235.3 Million in loan fundings during the first quarter of 2012. This represents a 177% increase over first quarter of 2011, when the company funded $84.7 Million.
“The statistic supports the overall wholesale lending business on the rise. Although the industry still faces imminent challenges and regulatory requirements on a daily basis, this expansion comes at an exciting time for ClearVision,” said Jon Maddox, President of ClearVision Funding. “With industry veterans leading our team, and by committing to our business partners’ long term success, adhering to ethical lending practices and writing loans that consumers actually need and can afford, ClearVision will continue to establish a strong and lasting footprint in this new age of mortgage banking.”
About ClearVision Funding
ClearVision Funding, established in May 2010, is currently authorized to do business in Arizona, California, Colorado, Connecticut, D.C., Georgia, Maryland, Nevada, New Jersey, Oregon, Texas, Utah, Virginia and Washington. The company is approved by a variety of aggregators and sells loans on a whole loan basis. ClearVision is an approved Seller/Servicer for Fannie Mae and Ginnie Mae, and have been securitizing products, in addition. Based in Orange County, California, ClearVision provides business partners with experienced and responsive operational support, integrity, exceptional customer service, and competitive pricing.
To partner with ClearVision and to view their full product suite, visit http://www.clearvisionfunding.com
About LEAP (Loan Express Approval Portal)
LEAP is ClearVision’s proprietary front-end Loan Origination System. Valued business partners receive 24/7 access to loan registration, pricing, lock, status and pipeline management. Built with emphasis on leveraging mortgage-lending experience with technology, LEAP is a cutting-edge tool that surpasses most products in the marketplace today.