Flagstar is one of the lenders supported by our multi-lender loan pricing search engine for mortgage professionals. Our service makes it possible to price and compare quotes from top conventional, alt-a and sub-prime wholesale lenders with just a few clicks of a mouse.

In the ever-changing environment of mortgage banking, Flagstar takes pride in accommodating the specific needs of each customer. At Flagstar, it is understood that mortgage brokers need every available advantage to stay ahead of the competition. That is why Flagstar Bank provides multiple technology options to meet loan originators’ needs to register, lock, underwrite, close, fund and deliver loans.

Flagstar wholesale website and the loan processing tool Loantrac provide brokers with the functionality that makes it easier and faster to close loans, saving time and money! Some of the benefits include:

• Immediate loan registrations, quote pricing, locks, and lock confirmations

• Underwriting turn-around time of HOURS, not days

• Funding requests processed within 2 hours

• Wide array of products including Jumbo, Subprime, FHA/VA, Seconds and HELOCs

• Dedicated customer support line with extended hours

• Ability to talk to an underwriter about files at any time

• Customized advertising slicks to help mortgage brokers promote business

• On-site training on all Flagstar technologies

• Access, via Flagstar website, to commitment letters, funding breakdowns, status information, daily rates, production reports, approved appraisers, approved settlement agents, product descriptions, and much more!

• Wireless alerts for all status updates and underwriting approvals

• Ability to import your 1003 directly to Flagstar using your LOS system

• Integrated interfaces with Calyx, Ellie Mae, and many other LOS systems

• Paperless underwriting for all loans and Paperless closing package delivery for correspondents

• Instant access to paperless file manager to view all documents submitted to Flagstar

Website: https://wholesale.flagstar.com/Lending/public/home.jsp
Contact: 1.800.945.7700

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