Why Flagstar?
Your business deserves customized, tech-forward mortgage lending solutions. For 35 years, that's what Flagstar Bank has delivered.
We're built for best-in-class service that always keeps our clients' integrity and needs top of mind.
How Flagstar puts you ahead of the competition:
- Complete product set including Conventional, FHA, VA, USDA, Jumbo, Non-Agency, Construction, Renovation, HELOCs, and seconds
- Powerful LOS technology that allows for a customized dashboard, pipeline management, automated alerts, and online reporting
- Direct access to our sales support and operations team including underwriting
- Comprehensive live and web-based training suite built to help you grow your business
- Opportunity to participate in our lead partner program
2nd largest warehouse lender1
7th Largest Bank Mortgage Originator1
6x Fannie Mae Servicer Total Achievement and Rewards™ (STAR™) performer 2015-2020
A Well-Capitalized, Stable Bank - with a diverse balance sheet
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CORRESPONDENT BENEFITS:
- Delegated and non-delegated options
- Best efforts, mandatory, and bulk execution available
- Flexibility in warehouse lines, excess of $250 million
- Subservicing options
- Industry leading pre-purchase cycle times and service levels
- Integrates with Ellie Mae® Encompass Investor Connect platform
- Star rating pricing model
WHOLESALE BENEFITS:
- Self-generate application disclosures and initial loan estimates
- TPO-branded portal capabilities
- Personalized marketing materials
- Strong underwriting and compliance support
- Accelerated broker closing program
- Regional underwriting and closing teams
- Broker to banker transitions
- Proud sponsors of AIME, experience.com, NAMB, and local state associations
- Integrated on 3rd party platforms - Arive, Calyx All-In, and CoreLogic Condo safe
WAREHOUSE BENEFITS:
- Loan types that can be warehoused include, but are not limited to: conventional, government-insured, non-QM, second mortgage, manufactured housing, reverse mortgage, and construction loans
- Dedicated team approach: both a relationship manager and a loan processor are assigned to you
- Upload options for flexible funds ordering
- Accepting eNotes, so you can clear your warehouse line faster
- No fulfillment or servicing requirements
- MSR financing to generate liquidity and unlock asset value
- Servicer advance financing and early buyout financing are also available
For real estate and financial business professionals only. Not an advertisement for an extension of credit to consumers. Programs for qualified borrowers. All borrowers are subject to credit approval, underwriting approval and product requirements, including: loan to value, credit score limits and other lender terms and conditions. Fees and charges may vary by state and are subject to change without notice. Some restrictions may apply. Not a commitment to lend.
1Source: Inside Mortgage Finance, Q2 2022
Flagstar Bank headquarters are located at 5151 Corporate Drive Troy, MI 48098.