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How JVM Lending plans to expand without any loan originators

Housing Wire

The lender runs its business based on a “no-loan-officer” model in which all of its 45 employees are licensed and delegated to a specific role in closing a loan. Back in the 2007-2009 meltdown, we had loan officers with us at that time.

Lending 359
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Reverse purchase financing: The financing option no one is talking about

Housing Wire

For real estate professionals, this option presents an opportunity to capture more sales. We in the industry are very hopeful that this will be an eye-opener, especially for real estate agents and builders to start recommending this product to clients more regularly.” What is reverse purchase financing?

Finance 418