Waterstone Mortgage hits loan-origination record

by Anna Sobrevinas27 Jan 2017
Waterstone Mortgage recently hit an all-time company record for loan originations, reaching $2.5 billion in 2016 – a 16% increase in sales over 2015.

The Wisconsin-based national mortgage lender also launched its new mobile app, bridging loan originators with clients and referral partners, according to a news release. Waterstone Mobile will aid potential homebuyers in pre-qualifying for their mortgage. In the future, homebuyers and their realtors will be able to check their loan status in real time.

“In addition to our record of $2.5 billion in annual originations, we’ve added a considerable number of branches in the past year,” said Eric Egenhoefer, Waterstone Mortgage president & CEO . “Now, with the launch of the proprietary Waterstone Mobile app, we’re stepping into a new era of mortgage lending technology.”

Mortgage calculators, social media links of loan originators and a brief prequalification form are also included in the app.

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