Resource Financial Services, South Carolina’s largest privately owned mortgage banker, today announced it has been approved by the Federal National Mortgage Association (Fannie Mae).
This distinction allows the mortgage bank to realize pricing advantages and expand its product offerings, as well as to sell and pool loans into mortgage-backed securities. Fannie Mae’s technology solutions for sellers / servicers also make the loan process more efficient by making it faster and less complicated.
A. Wade Douroux, President and CEO of Resource Financial Services commented, “We are very proud to be recognized by Fannie Mae. Our company continues to grow and expand our regional presence thanks to our employees’ hard work and commitment to our culture of service excellence.”
Douroux said the approval also solidifies the company’s position as an independent mortgage banker not reliant on any other company to originate and fund loans.
This announcement comes at a time when the company’s investment in technology has enabled borrowers to take advantage of record-low mortgage rates to purchase or refinance a home during the COVID-19 pandemic.
“Our company is heavily invested in technology, and that has served our borrowers well during the coronavirus crisis,” said Douroux. “We provide a one-stop end-to-end homebuying experiences with a completely digital mortgage process. It begins with our online home shopping tool, NestFinder, and ends with our Rapid Process Mortgage (RPM), which enables them to complete their mortgage application online from the safety and convenience of home.”
In 2020 Resource Financial Services received national recognition for the third time by making the Inc. 500/5000 list, ranking number 2794 with three-year revenue growth of 143 percent. In 2019 the company was also named to the list, ranking number 488 and in 2012 it made the list at number 227. Of the tens of thousands of companies that have applied to the Inc. 500/5000, only a fraction made the list more than once. A mere one in four have made the list three times.
To learn more, visit Resource Financial Services online at rfsmortgage.com or call 877-748-4545.
Resource Financial Services
Resource Financial Services was established in 2008 as a retail banking firm serving borrowers across the Southeast. The company is licensed in 12 states which include Alabama, California, Connecticut, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee and Virginia. Headquartered in Columbia, South Carolina, the company offers a variety of products including adjustable, fixed-rate and jumbo loans, first time homebuyer programs, second home and investment financing, refinancing, construction loans, FHA/VA and state housing loans and USDA rural housing programs. Its approach to customer service features streamlined paperwork and a fast approval process that helps responsible borrowers purchase or refinance a home with the most affordable terms available. The company also offers the added convenience and benefits of a full range of commercial and personal insurance coverage including home, renters, auto, business and life and more. In 2020, Resource Financial Services made the prestigious Inc. 500/500 list of fastest growing companies in America for the third time. Learn more online at rfsmortgage.com.