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New Wholesale Mortgage Lender Launches

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An established retail home lender operating from New York state has launched a wholesale division to do business with mortgage brokers.

Jet Direct Mortgage, which is based in Bay Shore, New York,
bills itself as a full-service direct lender that provides a wide range of loan products and services.

Jet Direct reports that it is licensed to do business in 11 states including the Empire State. Most of the states are in the eastern half of the country.

On Friday, an announcement from
the company, which also operates as Jet Direct Funding, indicated that it is launching a wholesale lending channel.

The launch follows a successful pilot testing period.

Joseph Boiano has been hired to oversee the wholesale lending operation.

A wide range of products are reportedly being offered by Jet Direct at competitive rates with no lender fees.
It’s rate sheets include Federal Housing Administration programs and conventional programs.

Jet Direct claims it “has one of the fastest turn times in the industry” and competitive pricing.

“At Jet Direct, brokers can expect V.I.P. treatment with each loan,” promotional information on its website says. “Our top-of-the-line account executives are here for you and you can count on them to answer their phones.”

Jet Direct is now accepting applications from mortgage brokers. More information is online at https://wholesale.jetdirectmortgage.com/.

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