SearchMyLoan.com (SML), a provider of loan search and pricing services for the mortgage industry, has formed an alliance with Charlotte, N.C.-based Citizens Home Loan (CHL), a national lender that offers a suite of loan products including jumbo, Alt-A, prime and nontraditional.
Through the partnership, CHL's assortment of loans can be easily identified and selected by originators through SML's search and pricing platform. Using the SML platform speeds up the origination process and enables loan officers to offer a wider variety of loans to borrowers, the companies note.
‘Our alliance with SearchMyLoan.com enables brokers to increase business volume by offering a larger portfolio of loans tailored to the diverse needs of borrowers,’ says Scott Hastings, director of marketing at CHL.