Speeds up Loan Origination Process and Expands Ability to Grab
Market Share
PORT WASHINGTON, N.Y.--(Business Wire)--
SearchMyLoan.com (SML), a provider of loan search and pricing
services for the mortgage industry, announced that Claremont,
Calif.-based Hollander Financial, one of the largest financial
institutions in Southern California, selected SearchMyLoan.com to
provide loan search and pricing services to its loan officers.
As a result of signing on with SearchMyLoan.com, Hollander
Financial's loan originators have access to the SML search engine
platform that provides a comprehensive search and pricing capability
of virtually every loan type available. Hollander Financial loan
products are included on the SML platform, giving loan originators
access to its prime, FHA and ALT-A products.
"With many larger lenders moving away from wholesale channels, the
financial needs of many borrowers are not being met. Using
SearchMyLoan's loan search and pricing engine, we are able to provide
our niche lending products quicker and more efficiently through
correspondent channels to provide loans to many of these borrowers,
grabbing market share and boosting our competitiveness," said Mark
Hollander, president of Hollander Financial.
"Like most lenders, Hollander Financial is leveraging technology
to gain a competitive advantage, even during the recent downturn in
the economy," said Salvatore Tomaselli, CEO of SearchMyLoan. "This
enables the lender to do more with less and grab market share before
its competition implements outreach efforts as the economy improves."
SearchMyLoan.com's platform is a loan search engine providing
comprehensive search and pricing for every loan type, such as A-paper,
ALT-A, FHA and sub prime loans.
About Hollander Financial
Hollander Financial (Claremont, Calif.) is a mortgage lender
providing real estate development, purchasing, listing, loan
origination and wholesale lending services, as well as construction,
commercial and development financing. For more information on
Hollander Financial, visit www.hollanderfinancial.com.
About SearchMyLoan.com
SearchMyLoan.com (Port Washington, N.Y.) provides loan search and
pricing services to mortgage bankers and mortgage brokers of all
sizes. All loan types, such as conventional, sub prime and Alt-A, are
supported by the company's online search service. The company fully
maintains its own product data and automates the loan search and
pricing process. For more information on SearchMyLoan.com, visit
www.searchmyloan.com.
Media contact for SearchMyLoan.com:
Sarah Wroble, 678-781-7236
Copyright Business Wire 2008
