Impac Mortgage Holdings, Inc. has announced that it is repositioning itself as a broker-only shop focused on providing correspondent lending solutions for mortgage brokers. In their efforts to become the preeminent correspondent lender for mortgage brokers, Impac has developed partnerships with various industry investors to provide fast turn times, aggressive pricing and best-in-class products.
Impac created a strategic position to capitalize on the increasing demand for a more relationship-driven approach to home financing. By repositioning as a correspondent broker shop, Impac will become the ultimate resource for mortgage brokers and their clients. Impac has formed relationships with several Agency and Non-Agency investors to provide its brokers with the highest levels of service, product solutions and technology. These initiatives include the introduction of their brand new mortgage broker portal.
The new mortgage broker portal created by Impac utilizes state-of-the-art technology in order to streamline the loan process, enabling brokers to get their loans approved faster than ever. Through this portal, brokers can perform credit, income, asset and employment verifications, and submit, track and fund their loan applications all in one place. Impac is also revolutionizing their mortgage software platform, LoanSeq, by adding a borrower portal, which includes features that allow borrowers to view, store and upload needed documents, as well as receive personalized loan updates.
With the combination of their best-in-class products, relationships with a variety of investors and a comprehensive suite of technology offerings, Impac is positioning itself to be the premier correspondent mortgage lender for mortgage brokers and their customers. Through their new portal and the continued improvement of LoanSeq, Impac offers a faster, more efficient loan process for their partners and borrowers.
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