OCMBC Launches New Wholesale Division Named LoanStream Wholesale
Tustin, California (PRWEB) December 17, 2013 -- OCMBC, Inc. (ocmbc.com), a mortgage lender offering client-focused services and comprehensive pricing options, announces the launch of its Wholesale division serving Mortgage Brokers, Real Estate Agents and Builders across the United States. The new division, named LoanStream Wholesale (LoanStream) will provide fast and convenient service at LoanStreamwholesale.com that reflects the experience and streamlined operations that OCMBC, Inc. already provides to its retail customers.
With over twenty-five years of experience, OCMBC is recognized for providing innovative mortgage products to borrowers through a dynamic network of real estate and housing-industry partners. With the announcement of LoanStream, now OCMBC is formalizing its lending footprint to serve the Mortgage Industry with detailed communication, fast service, and inclusive programs that ultimately benefit the borrower. Recognizing the challenges that Mortgage Brokers face in today’s market, LoanStream has taken steps to simplify the loan process to help Brokers obtain and maintain long-term client relationships.
At launch, LoanStream offers a full line-up of traditional and niche products that includes: Conventional, FHA, VA, HECM, HARP, USDA, Jumbo, Reverse Mortgages as well as “A” Paper Commercial Financing and our Alternative Home Ownership Program. These include programs for purchase with little down payment, low FICO loans, and Jumbo loans up to 3 million dollars. The ability to offer traditional loans plus innovative options comes from a careful investor selection process to ensure LoanStream’s expanded capabilities. With the launch of the Wholesale division, the company has brought onboard three professionals with almost 60 years of combined experience in wholesale management and mortgage lending. Formerly of Goldman Sachs Capital Markets, Gil Mariscal has joined to serve as Head of Capital Markets, James Mowrer has been hired as Senior Vice President of Sales overseeing recruiting and platform development, and Cynthia Perry has joined as Chief Operating Officer.
To help industry partners including Brokers, Realtors and Builders achieve profitable results, LoanStream is built with a streamlined operational model that ensures a quick start for our partners and then consistently fast funding. The new website offers an array of forms, calculators, links to video training, and all the tools Industry Professionals need to originate and fund business.
"OCMBC has built a proud reputation of top-level customer service powering competitively-priced loans that help homeowners. Now we are proud to announce that this same experience that has benefited borrowers is being expanded to the entire Mortgage community across the nation,” said the President of OCMBC, Inc., Lina Colon. “We have an intimate understanding of how Brokers work and what they need to be successful with their clients, we’ve built LoanStream to provide a premium service. Brokers, Realtors and Builders will benefit from our dedicated Account Executives, fast turn times, clear communication and results that mean our clients can better serve their clients.”
About OCMBC
Founded in 1990, OCMBC, Inc. is a privately-owned mortgage lender based in Orange County, California, that offers comprehensive product options along with client-focused services. Doing business in 18 states, the company offers programs to fit any borrower need for loans priced competitively against the nation’s top lending institutions. With a streamlined loan process, OCMBC’s staff promises to keep clients informed throughout their efficient processes. OCMBC, Inc. is a proud member of the Mortgage Bankers Association (MBA), California Association of Realtors (CAR) and National Association of Mortgage Brokers (NAMB). Visit ocmbc.com for more information about their retail products and loanstreamwholesale.com for wholesale solutions.
James Mowrer, S.V.P of Sales, OCMBC, Inc., http://ocmbancorp.com, +1 (800) 760-1833 Ext: 2953, [email protected]
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