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Mortage Company Information
Company Overview
Relationship between Argent & Ameriquest
A Few Facts
The Many Programs of Argent
Well-Trained Staff is Key
Best Practices I
Best Practices II
Role Wholesale Lenders Play
Nonprime lending & Argent
History of Subprime Lending
Nonprime lending
One size no longer fits all
Criteria by which Nonprime Lenders Make Loan Decisions
How a lender assesses rates
Underwriting Goes Automated
mortgage industry professionals
Mortgage Environment
Colorado Data Center
Expands Operations in Illinois
Team Argent

 

Company Overview

With more than 20 years in the industry, Agent Mortgage Company, LLC, an affiliate of Ameriquest, is viewed upon as the preeminent non-conforming, non-prime (sub prime) mortgage lender in the country.

IN 2003, Argent funded 116,275 loans which in total tallied close to $20 billion, a figure that puts it among the leading wholesale lenders in the U.S. Company officials attribute Argent’s growth to an increase in market share based on its focus on superior customer service.

A specialist in wholesale mortgages, the Irvine, California-based Argent, outfits loans through relationships with more than 18,000 non-corporate mortgage agents. With their dedication to offering members the highest quality programs, rates and customer care, Argent continues on a daily basis to live up to its stellar reputation in the mortgage brokerage world.

In an honest and compassionate manner, Argent brokers aim to approve the majority of loan applications submitted to them by thousands of member broker agents as opposed to rejecting them. Referred to as ‘commonsense underwriting,’ brokers review applicants’ submissions based in a non-biased manner, whereby they employ consistent standards across the board. Plus, as Argent is considered to be among the most competitive (if not the most competitive) mortgage companies in the US, they are able to offer the lowest rates to clients.

Priding themselves on their communication skills, Argent brokers are notorious for their willingness to respond to each and every question a broker client may have. Via a cohesively integrated model for lending, brokers are all similarly trained in the way and high expectations of the company. To the member, this means, quicker turn-around response times, accessibility to information and answers, dependable approval parameters and, upon request, one-on-one contact with an Argent wholesale lender in a position to render a decision.

To expedite its exclusive dealings with independent mortgage brokers and financiers, Argent is able to expedite loans through its trio of regional facilities located in California, Illinois and New York. Primarily, Argent facilities mortgages in all US states except Virginia and West Virginia.

Please note: All loans are pending due to credit verifications and additional reviews.

 
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