Now is the time to re-evaluate your mortgage strategy to maximize profitability and uncover new opportunities from your operation. Use the checklist below to assist you in this process, considering all available funding methods, product offerings, organizational structure, operating expenses and other factors. Improve profitability, nurture growth and benefit your members. All while managing risk.
Utilize your own balance sheet to generate interest income.
Leverage the participation of related partners. From wholesale to delegated correspondent, these business entities can offer varying levels of involvement while providing you with access to a wide range of products
“Own the process” and sell your loans directly to Freddie Mac, Fannie Mae and FHLBs, or pool government loans directly with Ginnie Mae.
Evaluate critical internal factor each Mortgage Strategy with this free download.
Regardless of your current strategy, make sure you have a sound Business Continuity Plan in place. Take action on realigning your mortgage strategies today.