Our partnership programs are designed to disrupt the status quo in the mortgage industry and strengthen the business of the partners involved.
Non-lending partnerships are those created with Real Estate and Building organizations and come in two primary structures: Preferred Lender Marketing and Service Agreements (MSA) and Joint Ventures (JV).
With a Preferred Lender MSA a full team, 100% committed to your organization, is created and comes with the entire breadth of resources at Citywide. If consistent, predictable results and services are what you’re looking for, then this is what you want. We conduct initial as well as periodic reviews and audits of our partnerships to ensure they remain CFPB and RESPA compliant. Each MSA is evaluated by a third party legal service to ensure a compliant structure. Close collaboration on goals and objectives creates a true partnership that lends itself to organizational successes.
In Addition to MSA, we offer JV programs to select non-lending partners. Our platform is proven with more than 10 time tested and profitable JVs that have been running for as longs as 12 years. CFPB and RESPA compliant, our Joint Ventures present an incredible opportunity. Our JV programs are regulator tested and sanctioned and run on a mature operating platform that generates consistent, profitable results. Our JV performance reflects significant, dedicated commitment and expertise in every function and discipline of the lending process: sales and fulfillment, Capital Markets execution, compliance and risk management, investor relations.
Times are changing and having a strong foundation is critical to long term success in our ever changing industry and consumer environment. Citywide is actively looking to help lending organizations, IMBs, Brokers, etc., be successful in the long term.
We offer our partners the ability to dramatically reduce overhead and protect margin- something that’s getting harder and harder to do. For companies under $1.B, the likely route would be full acquisition but with limited changes to leadership and the possibility of a DBA to preserve your culture, leadership and brand value. Over $1.5B, lies the opportunity for a true partnership. Citywide would purchase a share of your organization and provide you with saving in the form of operational efficiencies, the elimination of overrides, direct access to secondary markets and the use of proprietary mortgage software and systems. All of this equates to dramatic cost savings and a stronger margin.
We aren’t interested in taking anything over, we are interested in helping preserve what you’ve built and creating a stronger foundation to ensure continued success into the future. If any of this sounds interesting, reach out today by filling out the short form below.