Homebridge setting records.

Homebridge Mortgage Bankers has announced a record production First Quarter with a 20% increase over the last year.

Homebridge attributes this to the record number of referrals they have received this quarter. Even though the industry volume is down, Homebridge's production has been up considerably due to 40% in referral business.

"We are thrilled to announce our company record for First Quarter and we expect to achieve a production volume in excess of last year of over $1 billion, on an annualized basis, in the coming year," said Nicholas Bratsafolis, chairman, Homebridge Mortgage Bankers.

"Our production record can be attributed to the fact in addition to superior service, that Homebridge addresses all borrower credit categories from A through D with equal expertise and service.

"We provide a comprehensive range of mortgage loan products including Adjustable Rate, Interest Only, Pay Option ARM's, FHA Fannie Mae and Freddie Mac products for virtually all types of residential properties including co-ops, condominiums and one to four family homes. This clearly places Homebridge as one of the natural market leaders in residential mortgage banking."

Homebridge is unrivaled in its service to clients through the use of specific proprietary software. Utilizing advanced technology, Homebridge accommodates its diverse customer base by achieving specific client needs and processing loans with unprecedented speed. It is not unusual for a mortgage commitment to be issued within 24 hours of submission of an application and the loan to close within two days thereafter.

The company, which is based in New York, maintains offices in Manhattan, at 444 Madison Avenue, Syosset, Long Island, and in Fort Lauderdale, Florida.

To better assist borrowers Homebridge has rapidly expanded to over 100 loan officers and 200 employees and is currently originating mortgage loans in 27 states.