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Retail Mortgage Branch
An extension of a mortgage company in a commercial location apart from the corporate office. A retail mortgage branch works directly with borrowers to obtain mortgage loans. Southwest Funding retail mortgage branch offices can be found in several states throughout the southwest. There are several advantages of operating as a retail mortgage branch. These can include the offloading of certain aspects to the corporate office which allow the retail mortgage branch to focus on loan origination. Other benefits enjoyed exclusively by Southwest Funding retail mortgage branch offices include a turnkey solution, multi-state licensing, 100% commission, industry compliance, nondisclosure of YSP, direct lender status, broad product offerings, automated underwriting, training and support. These benefits are often not found with most mortgage net branch companies which makes a retail mortgage branch with Southwest Funding more attractive for loan officers.
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