Mortgage lender Jet Direct Funding says that following a recent pilot testing period, it is launching a wholesale lending channel and accepting broker applications for the program.
“Launching a wholesale channel is a natural progression for us, and really plays to our strengths,” says Peter Pescatore, chief operating officer of Jet Direct. “Our solid back end, efficient and disciplined operations team and seasoned account executives are certain to make an impact with mortgage brokers looking for a more service-oriented approach from their wholesale lender.”
The company has appointed wholesale lending veteran Joseph Boiano to oversee the new division, covering both sales and operations.
“It’s an exciting time to be joining the Jet Direct team,” notes Boiano. “And launching their wholesale division with a solid infrastructure already in place is a sure-fire recipe for success.
Jet Direct says its wholesale program will offer a wide range of loan products at competitive rates and with no lender fees. Brokers interested in the company’s wholesale business can click here.