SearchMyLoan.com Announces Strategic Alliance with JMAC Lending

by 31 Jul 2008
Lender?s extensive loan programs now available through pricing and search engine PORT WASHINGTON, N.Y., July 31, 2008 ? SearchMyLoan.com (SML), a provider of loan search and pricing services for the mortgage industry, announced a strategic alliance with Huntington Beach, Calif.-based JMAC, a lender offering diversified product lines and competitive pricing to the wholesale funding market. Through this partnership, JMAC?s loan products are integrated into SML?s search engine, granting users access to its assortment of prime, FHA and Alt-A. Inclusion on the SML platform speeds up the origination process and enables loan officers to offer a wider variety of products to borrowers. ?Our alliance with SearchMyLoan makes our products more easily accessible to loan officers, matching our loans with the distinctive needs of its users,? said Eric Nguyen, director of production and development of JMAC. ?Another valuable benefit of working with SearchMyLoan is that it helps connect our loan products with borrowers who we might not have reached through other, more conventional means.? ?The availability of JMAC?s loan products through SearchMyLoan.com provides a wider selection of credible loan products that is especially useful to brokers,? said Salvatore Tomaselli, CEO of SearchMyLoan. ?Supplying additional loan products through our pricing and search engine enables JMAC to increase it?s own business volume by offering products to a larger pool of potential borrowers.? 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 JMAC Founded in 1998, Huntington Beach, Calif.-based JMAC lending provides a diversified product line and competitive pricing, funding all types of Prime, Jumbo, Alt-A and FHA loans. The lender closes loans on an average of 5-7 days from the time of submission. For more information about JMAC, visit www.jmaclending.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 about the company, visit www.searchmyloan.com.

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