Pacific Union to begin purchasing loans on New York properties through its Correspondent channel

Irving, Texas (PRWEB) October 13, 2015

Pacific Union Financial, LLC announced today that it is now licensed as a mortgage banker in the state of New York. With the announcement, the company will begin purchasing loans on New York properties through its Correspondent channel and is making plans to enter New York in its Wholesale and Retail channels as well. Pacific Union will be incorporating CEMAs and CO-OPs at a date soon to be announced.

“We are pleased to be able to expand our Correspondent program to include the purchase of New York loans,” says Andy Peach, Executive Vice President of Correspondent Lending. "With our entrance into the state of New York, we have now become a nationwide Correspondent lender serving all 50 states. We look forward to serving clients doing business in New York with our full service Correspondent platform, offering delegated and non-delegated underwriting with limited overlays along with warehouse lines."

Pacific Union will soon release future plans for the Wholesale and Retail business channels as those business lines expand into New York.

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To learn more about Pacific Union’s Correspondent programs or to become an approved lender, visit pacificunionfinancial.com/correspondent-lending.

Pacific Union Financial is a full-service mortgage company, located in Irving, Texas, with fulfillment centers in California, North Carolina and Texas and more than 25 Retail branch locations across the country. Pacific Union Financial originates residential mortgage loans through Wholesale, Retail and Correspondent origination channels and also manages a $17 billion servicing portfolio.

For the original version on PRWeb visit: http://www.prweb.com/releases/2015/10/prweb13015715.htm