The aim is to provide clients with mortgage financing options
New American Funding (NAF) has teamed up with The Agency in a collaboration that makes NAF the preferred mortgage lender partner for the luxury real estate brokerage.
The Agency, which has more than 85 franchises across the globe, has tapped NAF to be its go-to mortgage provider. The brokerage partners with core service providers to help its agents speed up the entire sales process and serve the unique needs of its clientele.
The tie-up is part of NAF’s new joint venture initiative, a partnership model that the company said allows it to “mitigate the risk associated with being in the mortgage business and minimize the capital-intensive nature typically required.”
NAF’s joint venture partners have access to the lender’s mortgage products and tools, including a lead source system and a “five-year protection pledge.” NAF offers various home financing options ranging from conventional to non-QM loans.
“We are thrilled to be working closely with one of the most prestigious companies in real estate today,” NAF co-founder and CEO Patty Arvielo said in a joint press release. “As one of the nation’s largest privately-owned mortgage companies, NAF is uniquely positioned to cater to the needs of The Agency’s clients nationwide. We look forward to evolving our partnership into an even stronger relationship as we move forward.”
“We’re thrilled to officially announce our partnership with New American Funding,” said Burke Smith, executive vice president of affiliated businesses at The Agency. “Expanding our core real estate services with like-minded partners empowers our agents to provide their clients with best-in-class service and guidance throughout the entire transaction process.”
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