FBC Press Room Blog

FBC Mortgage Deploys VirPack’s Document Management and Delivery System

June 17th, 2014 by

MortgagePro

Virpack

VirPack has announced that FBC Mortgage LLC has selected and deployed VirPack’s Document Management and Delivery System. FBC Mortgage, a Sterne Agee Group Company, is a national mortgage lender based in Orlando that works with borrowers, as well as many of the largest real estate firms and builders in the U.S. The firm has proven expertise in residential mortgage lending, from purchasing to refinancing to construction lending.

“FBC Mortgage is focused on originating mortgages as efficiently and cost-effectively as possible while ensuring compliance with federal, state, and investor regulations and requirements. We leverage technology wherever possible to make it as easy and as fast as possible for borrowers, loan producers, and our processing staff to originate loans with FBC,” said Tony Eelman, chief operating officer at FBC Mortgage. “We have created competitive advantages with our technology and continually seek to strengthen our competitive position with on-going technology innovation.” (more…)

National Mortgage Lender, FBC Mortgage, LLC Announces New Partnership with HomeBanc N.A.

March 18th, 2014 by

[...] Read More

National Mortgage Lender, FBC Mortgage, LLC Announces New Partnership with HomeBanc N.A.

March 13th, 2014 by

We would like to welcome our new FBC Mortgage team members!

New Team Members

FOR IMMEDIATE RELEASE

Contact:  Stephanie Simmons 407-377-0327

Email: ssimmons@fbchomeloans.com 

National Mortgage Lender, FBC Mortgage, LLC Announces New Partnership with HomeBanc N.A.

Orlando, Florida – National Mortgage Lender FBC Mortgage, LLC announced that it has entered into a partnership with HomeBanc N.A. to handle residential mortgage referrals from its customers. It is anticipated that over 2,000 residential loans will be handled by FBC this year based on the new arrangement.  (more…)

Small Banks Get One More Place to Farm Out Mortgage Lending

March 13th, 2014 by

by Brian Collins
MAR 11, 2014 11:50am ET[...] Read More

Loaded Baked Potato Dip

January 27th, 2014 by

fbcLoaded Baked Potato Dip
Total: 1 hour, 25 minutes
Yield: Makes about 4 cups

 

 

 

Ingredients:
1 (2.1-oz.) package bacon slices
1 (16-oz.) container sour cream
2 cups (8 oz.) freshly shredded sharp cheddar cheese
1/3 cup sliced fresh chives
2 teaspoons hot sauce (more…)

HomePath Renovation

December 6th, 2013 by

Just what is a HomePath Renovation Loan and what Lender in Central Florida actually knows how to do them correctly?  These seem to be the questions that the local Realtors are asking.  With existing home inventories getting smaller and smaller, those homes that have not sold typically have issues that seem minor, but cannot be fixed by the seller before the closing or accepted by a Lender in its current condition.  Even if the borrower has the money to fix the problem, they can’t fix it before they own the home.  They can’t own the home until they get the loan from the Mortgage Company who won’t lend the monies unless the property is in acceptable condition…..hence the continuous problem.  The repair could be as minor as a missing Air Conditioning unit or as complex as a leaking roof, faulty plumbing, wiring and a complete kitchen that was removed from the home.[...] Read More

FBC Mortgage to launch new division

March 8th, 2013 by


FBC Mortgage LLC plans to launch a new division to buy mortgages from community banks, Orlando Business Journal has learned.
Orlando-based FBC is testing the purchasing of mortgages and plans to launch the new operations under its CloseQuick brand to buy the home loans. Eventually, CloseQuick will spin off into a separate entity. FBC, which closed about $1 billion worth of home loans in 2012, used to only originate and then sell off the loans it issued. However, about nine months ago, FBC started retaining and servicing some of its loans and now services about 20 percent of them.[...] Read More

Florida-based mortgage lender FBC Mortgage places operations center in CO

December 10th, 2012 by


Florida based Mortgage Lender FBC Mortgage, LLC an affiliate of FBC Bank announced on Auguest 9, 2012, that it has opened its second National Operations Center in Centennial Colorado. FBC Mortgage operates throughout most of the United States and is based in Orlando Florida.  FBC has recruited Ellison Brimage as its Colorado Operations Manager.[...] Read More

Orlando Mortgage Lender FBC Releases The Florida Mortgage Report for October 2012

November 8th, 2012 by

FOR IMMEDIATE RELEASE

Contact:  Stephanie Simmons 407-377-0327

Email: ssimmons@fbchomeloans.com

 Orlando Mortgage Lender FBC Releases The Florida Mortgage Report for October 2012

Orlando, Florida – Orlando mortgage lender FBC Mortgage recently released The FBC Florida Mortgage Report for October 2012. The data from the Mortgage Report continues to show a strengthening housing market.  Below is a list of highlights:

  • The Average Loan Amount in Florida is $180,000, a 12.5% increase from October 2011.
  • Down Payments on average have decreased to 15% of the purchase price.  In October 2011 Down Payments averaged about 20%.  The lower down payment is a good sign that more lenders are entering the Florida mortgage market and easing some of the strict overlays that were in place.
  • Refinance volume continued to pick up in Florida.  Lower rates and more borrowers taking advantage of the HARP Loans contributed to this increase.
  • The Average Age of First Time Home Buyers continues to average around 36 years.

(more…)

Ultimate Newcomers: FBC Mortgage LLC

November 7th, 2012 by


Orlando Business Journal
Date: Friday, October 19, 2012, 6:00am EDT
FBC Mortgage LLC
Description: Mortgage banker specializing in residential lending purchase, refinance
Top executive: Joe Nunziata,[...] Read More