Paperless and IT-Focused: Conservative Direct Lender WEI Mortgage Corporation

Entrepreneurial in its approach to lending, WEI Mortgage Corporation helps people fulfill their dreams of home ownership with fair loans that meet all legal and ethical requirements. Founded in 2002 on a philosophy of conducting business efficiently and accurately with the utmost integrity, the company has earned acknowledgement on a local television station as a model firm in Maryland’s lending industry. WEI Mortgage Corporation also received the 2010 Quality Lender Award from the Maryland Community Development Administration. Headquartered in Rockville, the firm has served the greater Washington, D.C., area from the start and now holds licenses in 38 states. The company offers a variety of financial products, including prime A paper loans; jumbo fixed-rate options; government lending programs; reverse mortgages; and custom-tailored, fixed-rate refinancing.

The conservative direct lender has implemented a paperless initiative, building its information technology (IT) systems to track and electronically archive every piece of paper passing through the network. The firm’s proprietary loan-origination system, the WEI Information Network (WIN), functions 24/7. Clients can fulfill the application process paperlessly, and WEI loan officers and staff members can access and manage cases securely online. The system provides increased efficiency and privacy; improves fraud detection, compliance, and communications; and saves trees. WEI continually upgrades its state-of-the-art IT technology to ensure it can offer the most reliable financial services at the lowest possible cost.

Forward-thinking as well in its compensation packages for employees such as Loan Consultants, Financial Analysts, Underwriters, Account Executives, and Compliance Officers, WEI offers a 401(k) plan, holidays and vacations, discount cell-phone plans, and competitive salaries. An Equal Opportunity Employer and Equal Housing Lender, the respected mortgage corporation is an approved seller of Freddie Mac products and an approved lender by the United States Department of Housing and Urban Development. WEI Mortgage Corporation maintains an A rating with the Better Business Bureau and holds a membership in the Mortgage Bankers Association.

 

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