the vantage vision
Nationally Recognized. Locally Grown.
If you work "for" the creditor and you have any issues, you've got a problem. If you work "with" many creditors competing for your business, you've got an advantage. Comparing investors on pricing, overlays, execution, service, and other variables is a priceless tool to mortgage professionals and the consumers they serve.
* Better Pricing * Less Overlays * More Products * More Lenders * More Independence *Proven Leadership * Proven Team * Proven Systems
Vantage Mortgage Group was positioned in Oregon in 2007 to prepare for the biggest change the mortgage industry would ever face. The primary mortgage market in the United States was unfortunately experiencing a high level of irresponsible lending and borrowing in prior years, ultimately becoming the cause of our great recession. Following the melt-down, lenders and mortgage loan originators bounced around in fear or fled to larger corporate banks/branches to avoid licensing requirements or full disclosure under new necessary regulations. The leadership at Vantage Mortgage Group did just the opposite and stood strong in support of the wholesale lending channel and the local community.
- Andy Harris, President
“Low over-head, effective systems, and heightened industry-related education requirements allows our clients the ability to experience more qualified representation at a lower cost.”
“Obtaining a new loan for the purchase or refinance of a home is a very important financial decision. We have created a smooth, informative, and stress-free loan processing system we have found to best suit whatever lending climate we are facing. We believe that every client requires our full attention so that no details are missed and loan options are specifically customized for each borrower. Client and business partner testimonials consistently confirm that we are meeting or exceeding our goals in customer satisfaction.”
The company understands that reputation, credentials, and references are vital for consumers now entering the new mortgage marketplace. Since established, the early predictions of VMG have come to fruition and their clients are enjoying the benefits. Currently very few mortgage providers in the US primary mortgage market are positioned exclusively under the wholesale lending operational channel without the influence of credit lines or bank priorities. Vantage believes that their positioning, combined with the most experienced originators working exclusively for the client, results in better loan pricing and execution. Vantage is now proud to be one of the highest customer-rated mortgage providers in Oregon and Washington.
- Andy Harris, President
"I’m excited for the future of the industry and what Vantage will continue to offer to Oregon and Washington consumers.”
“We have a unique opportunity for Mortgage Loan Originators to advance their career by working with a team of top performers and leaders inour industry. In addition, they grow their brand under a proven name, using our resources, marketing, and referrals to simply close more loans. We’ve found that this platform allows MLOs to out-price competitors while also providing an elite service, product menu, and higher earning potential. Because I personally originate myself, I ensure that all operational changes are driven by the origination side, which is vital in today’s market when dealing with consumers.”
“At Vantage Mortgage Group, we carry the highest level of ethical standards when dealing with our customers, business partners, and co-workers. Our actions are in the best interests of our clients at all times and we will never sacrifice our integrity for personal or professional gain. We will be respected leaders in our industry through our actions rather than our words and accept nothing less. We will continue to learn and grow together by utilizing our unique systems and strategies supported by unrelenting optimism for the future of our company.”
Each channel can have its advantages or disadvantages, which is fully reliant on the operations of the business and its efficiency for execution. We all rely on great systems and great people to put it all together. For those willing to understand operations without being tied to correspondent lines and limits (as well as acknowledging the term “banker” and “broker” carry no meaning), wholesale lending has great advantages for an MLO’s career and the consumers they serve. Wholesale lending can provide them with more control over products and lenders, more competitive pricing, and less lender overlays as a result of comparison.
Vantage Mortgage Group supports every channel of loan origination if run with integrity, as competition is critical for the future of the mortgage industry. They feel that the highest quality Mortgage Loan Originators (MLOs), are licensed under the SAFE Act under the non-depository/non-bank lending channels. Their opinion also, however, is that the wholesale lending channel without influence from bank line priorities (under today’s new climate) is the most favorable channel in the primary mortgage market. This channel, if run properly, offers more extensive program choices and more competitive pricing for the consumer and more opportunity for the originator. Wholesale lending continues to be the most cost-effective and efficient way for a lender to get their loan products (backed by the same agencies) to the primary market.
Residential mortgage lending in the United States is a very complex and misunderstood process when it comes to agency-backed loans and realizing that lenders are not really “lenders” the way most think when it comes to FNMA, FHLMC, GNMA. With the recent attention brought tothe industry, consumers are beginning to realize that the most important factor in the primary mortgage market is the human being originating their loan. This mortgage professional is responsible for positioning themselves in the best interests of their client, understanding that their reputation means everything when it comes to referrals. It’s important to understand that the consumer is the employer and that positioning means everything to a Mortgage Loan Originator who wishes to remain employed.
Many in the mortgage industry unfortunately lack vision for their career. It’s easy to get distracted by all the changes and challenges in the mortgage industry, looking at today rather than tomorrow. The heavy financial pressures in life and fear-based recruiting over the last few years make having a solid business plan even more difficult for a mortgage professional. If one is unaware or unprepared for the regulatory changes of the future, than this will cause them to take the path of least resistance motivated by short-term incentives rather than long-term opportunities. Those paying attention to the changes and with a strategic plan will reap the greatest rewards in the future.
NMLS #35986. Equal Housing Lender.
Vantage Mortgage Group, Inc. 15962 SW Boones Ferry Rd. #100 Lake Oswego, OR 97035
van-tage (n); the quality of having amore favorable position
If you are interested in hearing more about partnering with Vantage Mortgage Group or simply discussing the industry, please inquire with us: firstname.lastname@example.org