Want to get an idea of what it’s like to be a part of the cooperative?
Read the stories of those who are making the most of their membership, leveraging our diverse array of products and services and seeing results.
The mortgage industry has been relatively easy over the last five years. Now we have to shift to bring real value to our customers. It takes more than yourself to win in this business today, and that’s where Lenders One® really shines in sharing and honing ideas, challenging one another, building new strategies and tapping other members to help you execute.Matt Clarke COO, Churchill Mortgage
My name is Trevor Gates, and I am the EVP of Finance for RWM Home Loans. We are a mid‐size independent mortgage bank formed in 1994 with our corporate offices in San Diego, CA. We currently originate loans and have offices across multiple states.
We have been a member of Lenders One® since 2009 and have deemed our membership essential. In fact, we attribute much of our success to the relationships and information obtained by being a member for so many years. We have also been the beneficiary of the many reseller services that have been offered to us through the membership. Currently we take advantage of services including verifications, flood, compliance, legal and credit. All obtained through the relationships created by this great organization. We can take comfort in knowing that Lenders One® vets and recommends only the best in class and service.
We highly recommend Lenders One® and look forward to a long and prosperous relationship with them.TREVOR GATES, CMB EVP OF FINANCE, RWM HOME LOANS
Absolute Home Mortgage is a mid-sized independent mortgage banker based out of Fairfield, NJ. We employ 550 individuals. Absolute has been a member of Lenders One® for almost two years. In this time Lenders One® has provided significant value to our organization including but not limited to:
- Re negotiations and lowering the cost of vendor contracts already in place
- Providing insight and relationship access to new software and technology
- Assisting with the outsourcing of services through other Altisource business outlets such as Trelix.
More than anything LendersOne has allowed my executive team access to an open think tank of other like-minded executive managers across the country. The value that the think tank provides to my company is immeasurable. We have grown as a company and LendersOne has been there with a helpful hand and more than anything guidance. I can honestly say my company would not have achieved the level of success it has experienced today without the network. In the past 24 months Absolute has increased its size and production from 50 Million per month in residential volume to over 250 Million per month. While the numbers of production are not directly related to LendersOne the ability to close / process and facilitate the business would not have been possible without the guidance and information sharing within the network.MATTHEW VANFOSSEN CEO, ABSOLUTE HOME MORTGAGE
Cliffco is a member of the Lenders One® Cooperative and our level of success is largely related to our Lenders One® membership. As the Operations Manager, it is my responsibility to ensure the services we utilize are of the highest efficiency, but also at the best value.
There are many different providers that offer the same products in our industry. The Caveat is that they all provide the same products in different ways, at different prices. Knowing that the product options from Lenders One® “beats the competition” by price and efficiency by far has routinely given me the assurance that no longer need to “shop for the best deal” like our clients often do! LOS integrations, faster turn times, customizable options, and best of all, the support we receive are all above and beyond the significant cost savings we receive. By being able to purchase these reseller services at a fraction of the industry standard cost, we have been able to significantly lower our origination cost per loan. In turn, offering even more aggressive pricing to the consumer while maintaining our margins and increasing volume as a direct result of it.
Our purchase transactions have increased 18-22% as a direct result of the benefits our Lenders One® membership has afforded us. We look forward to Lenders One® being able to provide even more reseller services which we can purchase aside from the current, Flood Cert, Fraud Report, SSA89 Processing, 4506T Processing, Website Development and others.JOSEPH RENTER VP OF COMPLIANCE, OPERATIONS MANAGER, CLIFFCO MORTGAGE
During this time, I have been able to turn to fellow Lenders One® members. Six years ago, over a dozen members and I began to meet twice a year at the National and Secondary MBA conferences. Upon the onset of the pandemic, we’ve been meeting weekly to share best practices to address the obstacle of the week. My company NJ Lenders and I would be lost without this group, and it is a testament to the connections I’ve forged with Lenders One® peers.
What I have found with Lenders One® members, even though we’re all competitors, is people are willing to share, hence why you cannot put a price tag on the value of this cooperative.
Lenders One® is a tremendous resource when things are good but invaluable during times of trouble. Whether it was HVCC, TRID, LO Comp, and now COVID, the co-op is powerful because you’re not doing it alone, and Lenders One® has provided the content and connections needed to address each of these challenges.STEVE GROSSMAN OWNER, NJ LENDERS