So if you’re a California homeowner or home buyer, there’s a good chance you’ll come across Sierra Pacific if shopping your mortgage. Last year, they funded over $3 billion in home loans via the retail channel, with nearly half of that total volume coming from the state of California. They are an approved seller/servicer for Fannie Mae, Freddie Mac, and Ginnie Mae, meaning they originate loans and retain them for loan servicing. Also operates a correspondent and wholesale lending divisionĪs noted, Sierra Pacific Mortgage is a direct-to-consumer lender that also operates both a correspondent lending division and a wholesale lending division for mortgage broker partners.Nearly half of their loan volume comes from the state of California.Originated more than $3 billion in home loans via retail channel in 2019.Privately held company founded in 1986 by Jim Coffrini.Direct mortgage lender based in Folsom, California.The company offers home loans in 49 states via the retail, correspondent, and wholesale lending channels. They’re a direct lender that offers a wide assortment of home loan products, including conventional loans, FHA, USDA, and VA loans.
That’s a lifetime in the mortgage industry, which has lots of young debutants looking to shake up what many feel is a stale process. One of the older and more established mortgage brands out there is Sierra Pacific Mortgage, which has been around for nearly 35 years.
0 kommentar(er)
