BWC Launches Mortgage Partnership

Contra Costa Times (CA) (02/26/08); Avalos, George
In response to the housing market meltdown, San Ramon, Calif.-based BWC Mortgage Services has teamed up with four other entities to establish a new lending body that will have the reach to originate more than $2 billion in home loans annually. The deal gives loan originator-partners access to a stronger platform for taking loans through the entire process, while BWC Mortgage gets a bigger group of seasoned loan originators with which to work. "If we can pool all of our numbers, we can get better pricing to pass along to our clients," says Jason Brown, an executive with StoneCastle Land & Home Financial who has joined the new affiliation with BWC. "We're thrilled with this partnership. We have created one of the strongest lending institutions in Northern California." Along with StoneCastle, Paragon Mortgage Brokers, Bay Area Funding Group and All California Mortgage's Concord branch have signed on with the alliance.