Bankers establish new lending presence in Manhattan market.In the highly competitive world of residential mortgage banking one of the fastest growing residential mortgage providers, Homebridge Mortgage Bankers, has entered the Manhattan market with a substantial new presence. Founded over ten years ago, Homebridge Mortgage Bankers has developed an extensive full service mortgage banking business. Homebridge has been serving the greater metropolitan New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of region and now has concentrated its focus on the Manhattan market. "In the Manhattan market Homebrige can address the needs of borrowers from potential co-op and purchasers to condominium and single family home buyers. Borrowers will find the same attention to detail and expertise from our representatives whether they are purchasing a modest studio apartment of a luxury uptown townhouse town·house or town house n. 1. A residence in a city. 2. A row house, especially a fashionable one. ," said Paul Levine, executive vice president of Homebridge. The company stands above its peers in service through the use of specific proprietary software known as "LoneStar" and "LoneRater." The products allow Homebridge to process loans with unprecedented speed while also affording its customers specifically tailored loan options. "Unlike many of its competitors Homebridge Mortgage Bankers provides mortgage loans through a wide range of origination sources including FHA See Federal Housing Administration. FHA See Federal Housing Administration (FHA). , Fannie Mae Fannie Mae: see Federal National Mortgage Association. , Freddie Mac Freddie Mac: see Federal Home Loan Mortgage Corporation. and other investor sources. We can address all borrower credit categories from A through D with equal expertise and service," said Nicholas Bratsafolis, chairman of Homebridge. Advanced loan technology allows Homebridge to access a diverse customer base. Through sophisticated marketing strategies including Internet and conventional print advertising Homebridge had built up a substantial customer base. Since entering the Manhattan market just five months ago the New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. office has originated approximately the hundred million in residential mortgages. Homebridge is a direct lender in the residential mortgage market and has formed relationships with well-respected financial institutions including UBS UBS Union Bank of Switzerland UBS United Bible Societies UBS United Blood Services UBS United Buying Service UBS Used Bookstore UBS University Business Services UBS Universal Building Society (UK) UBS Ulaanbaatar Broadcasting System , Morgan Stanley and Countrywide. |
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