At Waterstone Mortgage, we focus on closing loans the right way. Since we are experts in purchase transactions (about 90% of our business is purchase), we are known for closing loans on time.
Whether you’ve worked with us in the past, or our name is brand new to you, this is your opportunity to connect with Waterstone Mortgage – and ensure that your clients receive the same stellar service from their lender that they also receive from you.
We know purchase business, and we know how to get the job done on time. Since this is our specialty, we’ve learned how to develop a successful workflow over the years and have the people, systems, and expertise in place to ensure your clients’ loans close on time.
With an in-house team of processors, underwriters, closers, and marketing professionals, we have the adequate support to close each one of your client’s loans on time. In fact, on average, we close loans several weeks faster than other mortgage lenders, according to Ellie Mae Origination Insight Reports. Not only will we close your clients’ loans on time, we’ll also match them with the best-fitting mortgage program to meet their unique needs.
You and your clients can also utilize our How to Close on Time calendar to view a step-by-step outline of what needs to happen on your end, and what’s happening behind the scenes on our end, to close by your desired date.
What's in it for me? When you close on time, your clients are happy, and that's what it's all about for us both. We're proud to form a true partnership with all our real estate agents.
A new home is often the largest purchase anyone will make in their lifetime – it’s a huge deal. That said, you and your clients deserve the best of the best when it comes to communication and technology tools to stay informed and on top of the process.
Waterstone Mortgage offers a variety of proprietary technology tools to provide a seamless, digital experience for you and your customers, like the Close on Time Calendar and more.
Want to help your clients stand out amongst other homebuyers? A Platinum Credit Approval from Waterstone Mortgage will help you do that. This is more than just a pre-approval; it’s a full, comprehensive review by our underwriting team to back your client’s offer. Essentially, it’s the next best thing to cash.
What's in it for me? Close more deals with one of the strongest offers your client can make. Plus, because your client has already completed a full application and credit underwriting, we're often able to close quicker.
A Platinum Credit Approval is a pre-approval program offered by Waterstone Mortgage. In accordance with federal regulations, consumers are not required to provide verifying documents until they have submitted an application, received a Loan Estimate Disclosure, and stated their intent to proceed with the loan transaction. A pre-approval is not an offer to enter into an agreement, which must be made separately and in writing, and should not be construed as a commitment to lend. Waterstone Mortgage is not obligated to close and fund this loan unless all terms and conditions of the pre-approval have been met. Once a property is selected, Waterstone Mortgage must order and receive a satisfactory flood zone determination, property appraisal, and a satisfactory private mortgage insurance certification, if required. Waterstone Mortgage reserves the right to cancel this pre-approval in the event of any material misrepresentation in the customer’s application, in the event of an adverse change in the customer’s credit history, employment, income, assets, debt, or other factors affecting their financial status, or if the above requirements are not satisfied.