Grow with us.
Our Emerging Banker Program features:
- Warehouse facility size $1MM up to $10MM
- Flexible net worth requirements
- Up to 100% Advance Rates
- No non-usage fees
- On-site training
- Custom terms
- Flexible leverage ratios
- Experienced team of dedicated mortgage professionals
What's involved in becoming an emerging banker?
Here are some general steps that will put you on the right path:
- Obtain necessary Lender License(s)
- Obtain E&O and Fidelity Bond Coverages
- Sign up with MERS (Lite Membership)
- Decide on a fulfillment strategy
- Set up Mortgage Insurance relationship(s)
- Set up Investor Relationships
- Prepare Financial Statements
- Determine QC, Compliance, and Regulatory Responsibilities
- Establish compliance processes for ordering appraisals
- Apply with GBC Funding!
Want to learn more?
Our team of experienced mortgage professionals are ready to help!