Company updates

How LemonBrew Lending is taking partnerships to the next level

Care, honesty and transparency are key …

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Digital mortgage advances will remain after coronavirus, put path bumpy

Government -sponsored enterprise reform could be one hurdle to future innovation.

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QLMS is unlocking huge savings with Prime29

QLMS’ partners only have until the end of June to assist their clients in unlocking HUGE savings with Prime29. This unique offering is creating waves across the broker community and has unleashed $186,000,000 in savings for partners’ clients since its rollout. QLMS has slashed the interest rate on a 29-year loan, so the monthly payment […]

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QLMS’ Prime29 is creating waves across the broker community

QLMS’ Prime29 is creating waves across the broker community and has unleashed over $60,000,000 in savings for its partners’ clients since its rollout. The nation’s fastest-growing lender serving brokers has slashed the interest rate on a 29-year loan, so the monthly payment equals that of a 30-year conventional loan but saves clients THOUSANDS over its […]

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How brokers can prepare for the anticipated summer home-buying season

Brokers need to stay focused and get ready for pent-up purchase demand

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What will the mortgage process look like after Covid-19?

The world as we know it is changing. This may seem like a bold statement, but new innovations are easily noticed across the globe in business models, office structures and the way we shop – all due to the spread of the coronavirus.

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QLMS continues to hires for hundreds of open positions

As QLMS is accepting more loan applications than ever and its partner network (which now includes a massive 40,000 LOs) is expanding at record pace, they are looking to hire more team members to support the rapid growth. The fastest growing lender working with mortgage brokers currently has hundreds of open positions for national account […]

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Time to double down

In the earliest stages of the COVID-19 pandemic, the virus wreaked havoc on the U.S. economy, forcing the Fed to take action and help stabilize the mortgage market by purchasing an unprecedented $183 billion of mortgage-backed securities in just one week.

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Reflecting on the start of the COVID-19 pandemic

Just about two months have passed since the entire Quicken Loans Mortgage Services (QLMS) team transitioned to working from home. During this time, when many were left scrambling, they had their largest closing month in company history, with faster turn times.

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Changes to self-employed doc requirements

Quicken Loans made some changes to its self-employed document requirements: 60 days of asset statements showing 6 months of PITIA (for the subject property) in reserves, Business tax returns, If the business is a sole proprietorship, personal tax returns are acceptable. Audited profit and loss statement of the most recent month OR 30-day business assets from […]

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