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Q: Is Home Financing Network (HFN) a mortgage joint venture company?
A: No! HFN offers alternatives to joint ventures. We believe in empowering our clients with the expertise & services they need for their business is a better solution.
Q: How Does HFN screen Lenders?
A: HFN partners with wholesale lenders across the nation, providing them the opportunity to bid competitively for your loans. By pooling loans from all of our customers, HFN is able to negotiate preferred terms and services. HFN's Lender Network allows HFN to control key service elements of the process, improving service delivery.
Q: What is HFN's lending system?
A: The HFN lending system is a combination of industry-leading technology resource coupled with our proprietary business process. The combination provides a paperless mortgage origination process accessible through high-speed Internet access.
Q: Do I have to hand off my customers to HFN?
A: No! One of our core beliefs is that the customer experience is best handled locally. Your staff continues to manage the customer experience and we provide service to you.
Q: How does HFN make money?
A: HFN collects a fee on loans originated using our system. Unlike traditional mortgage lenders who mark pricing up to cover their profit margin, HFN's fee is pre-determined. You get 100% of the wholesale pricing from the lender.
Q: How long does it take to install the HFN lending system?
A: For existing mortgage companies, we can have you fully functional in 30 days. De novo companies typically takes 90-120 days depending on state licensing requirements
For more information regarding Home Financing Network services, please call Steve Hoff at 858-350-9290 or email at Steve.Hoff@hfn.com or more.info@hfn.com
Home Financing Network, LLC
7900 Miami Lakes Drive West Suite 201, Miami Lakes, FL 33016
Direct: (305) 820-3980
Copyright © 2009 Home Financing Network, LLC
