USA Wholesale Lending, a unit of Fort Wayne, Ind.-based Hallmark Home Mortgage, has announced its formal rollout of services after months of ‘soft launching’ its wholesale program in several states. The company is currently licensed or about to be licensed in 20 states throughout the Midwest, Intermountain West and West Coast regions, and is actively recruiting for its expansion to additional areas later this year.
USA Wholesale Lending offers a full range of agency and government loan programs, including Fannie Mae Desktop Underwriter Refi Plus and Freddie Mac Open Access, as well as high-balance products. The company is currently accepting application submissions from mortgage brokers, community banks and credit unions of all sizes.Â
‘As an industry, we're in a new age for loan quality,’ says Howard Hoyt, USA Wholesale's new president. ‘We're focusing on high quality origination companies and are recruiting top quality professionals all across the country to work with them. We're bringing state-of-the-art technology to the mix in order to ensure fast, efficient transactions to benefit clients and borrowers alike. For institutions that want to offer full mortgage services to their customers but do not want to support full staffs to do so, we're also offering contract loan processing and fulfillment services.’
