Wholesaler Seeks More Business

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MORTGAGE EXPERT
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A mortgage banker operating from Florida is taking a number of steps to grow its mortgage originations through the wholesale channel.

WSC Lending claims to be “one of the largest privately held mortgage banks in the country” that has ranked among Inc.’s 5000 Fastest Growing Private Companies in America for four consecutive years.

The Boca Raton, Fla.-based lender says that it is already licensed to do business in 49 states. Its program menu reportedly includes conventional and government loans.

Annual mortgage originations exceed $2 billion, according to a news released issued on Tuesday.

But the 11-year-old firm wants to take mortgage originations to the next level this year and next year.

So WCS is re-introducing its wholesale program with the objective of “establishing itself as a vital part of the mainstream wholesale mortgage market.”

The overhaul of its wholesale lending division includes expanded program offerings, improved pricing and a redesigned infrastructure.

Among the new products is a portfolio jumbo loan product that will be offered within the next several weeks.

“I think the mortgage broker community is going to be shocked at how much of a difference it makes when a wholesale lender invests in the best technology, hires more knowledgeable and seasoned staff, and offers a full suite of loan products, WCS Wholesale Divisional Manager Rouvaun Walker said in the announcement.

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