homespire mortgage

The Washington, DC, area is served by several Homespire Mortgage branches. These locations provide five-star service and support the local communities. They also waive lender fees as part of the Homeownership for Healthcare Heroes Program. For more information, visit their website or contact a local branch. There are branches in Maryland, Virginia, and the District of Columbia.

Homeownership for Healthcare Heroes Program waives lender fees

Homespire Mortgage has launched a special program to give healthcare workers the opportunity to purchase a home. This program waives lender fees on all types of mortgage loans and can save healthcare workers on average $1,520. The program is open to healthcare workers in the medical field, including doctors, nurses, and administrative professionals.

In addition to the discount on lender fees, eligible homebuyers can save on other costs associated with buying a home, including home inspections and title fees. Some lenders even waive their fees and reduce loan rates for these heroes. But these discounts aren’t available to everyone.

Digital mortgage application powered by Ellie Mae

One of the most convenient ways to apply for a mortgage is to use a digital mortgage application powered by Ellie Mae. This service allows borrowers to link their financial accounts and upload key documents. It also offers real-time notifications. The company claims to have one of the fastest turn-around times in the industry.

With a cloud-based platform, Ellie Mae can help lenders of any size to streamline the mortgage application process. The platform includes investor and loan officer interfaces that help lenders track loan files. The platform also enables lenders to view summary financial profiles and communicate with clients. It also provides borrowers with a variety of other features.

Ellie Mae is a leading cloud-based loan origination platform provider, processing over 26 million loan transactions annually. Its innovative approach to loan origination enables the company to offer digital mortgage solutions that help lenders and investors cut down on costs and time to close. Ellie Mae’s Encompass(r) Digital Lending Platform also enables developers to use APIs to create custom solutions.

The company also offers a suite of loan officer tools that help loan officers choose the best products for their borrowers. Digital mortgages also enable originators to streamline workflows by reducing the amount of paperwork and communication with borrowers. This helps streamline the loan production process and improve customer satisfaction. In addition, these tools can support traditional, hybrid, and fully digital closings.

The Global Digital Mortgage Software market research report provides comprehensive information about the industry, including vendor information and the competitive scenario. It also covers regional and client-specific markets. Its detailed geographical coverage includes North America, Europe, Asia-Pacific, the Middle East, and Africa. The report also includes information on the cost structures of these applications.

Fannie Mae and Freddie Mac approval

Homespire Mortgage is pleased to announce its approval as a servicer with the Fannie Mae and Freddie Mac GSEs. The approval further expands the company’s service offerings and increases its reach across 41 states. The company is a leading national residential mortgage lender and has earned an Equal Housing Lender (EHL) status. As an approved seller and servicer of Fannie Mae and Freddie Mac mortgages, Homespire Mortgage offers affordable home loans and provides outstanding customer service.

The company has 32 branch locations and is a direct-to-consumer mortgage lender. It operates in 41 states but is not licensed to operate in the states of Hawaii, New York, Nevada, South Dakota, or Alaska. Homespire Mortgage offers conventional and jumbo loans as well as FHA and VA loans.

Homespire Mortgage has recently launched a food drive called Homespire CAN, which is intended to fight childhood hunger and support local communities. The goal was to collect one ton of non-perishable food donations. Homespire employees worked together to meet that goal and raised a total of 7,211 pounds of non-perishable food, equivalent to 6,009 meals for low-income families.

Homespire Mortgage also waives lender fees for COVID-19 patients. Lastly, the company offers an online home loan application or digital mortgage application, powered by Ellie Mae. Users can easily link financial accounts and sync bank statements and tax returns to streamline the application process. It takes about fifteen minutes from application to submission.

Historically, Fannie Mae and Freddie Mac have played an important role in the mortgage market. However, in 2008, the companies’ mission expanded, and they started to face the consequences of the subprime mortgage crisis. The subprime mortgage crisis led to the collapse of the housing bubble and resulted in a massive decline in home prices. Fannie Mae and Freddie Mac repackaged mortgages, which were then sold to investors.

Branch locations

Homespire Mortgage is a mortgage bank with a focus on customer service and technology. Their online home loan and mortgage application are powered by Ellie Mae, which allows borrowers to link their financial accounts and sync bank statements and tax returns. The entire process can be completed online in 15 minutes or less.

The company currently operates 32 branches across 17 states. The company is focused on national growth while providing a quality mortgage experience. Recently, they opened branches in Ohio and south-central Texas. They also hired mortgage industry veteran Lynda Fazio as Area Manager in New Mexico and mortgage specialist Dave Purdy as Regional Manager. Together, these individuals have more than 65 years of industry experience. The company plans to open three additional branches in New Mexico over the next year.

Homespire Mortgage also offers a range of loan products, including FHA and VA renovation loans. This company participates with local and state governments throughout the country to help people buy their homes. The company also offers government home loans backed by the USDA and FHA. Moreover, many of their branches have special programs for veterans and other special populations.

Homespire is a national residential mortgage lender with branch offices in several cities. In Louisiana, the company had a branch office in Baton Rouge until March 2021. The company employed six loan officers at this branch office. Katherine Robins, Amy LeBlanc, Nathan Nguyen, Mary Kaye Thomas, Jack Sanith, and Vicki Tran were the branch managers.

Moreover, the Baton Rouge branch had a problem with steering actual Homespire customers to Gold Star. This caused delays in processing new mortgage applications and caused five actual Homespire customers to switch to Gold Star. As a result, Homespire lost customers, revenue, and goodwill. Consequently, they had to close this branch.