SAN RAMON, Calif., Dec. 1 /PRNewswire/ -- Bank of Commerce Mortgage, a leading provider of residential mortgage solutions, today announced a new loan origination platform that utilizes a paperless environment to deliver more reliable loan solutions, including conventional and FHA loans, for borrowers.
In partnership with parent company, Bank of Commerce Holdings (Nasdaq: BOCH), a $814 million dollar financial services holding company, Bank of Commerce Mortgage provides customers with a more advanced level of capital strength than many other mortgage banks and brokerages.
A direct-endorsed, Full Eagle FHA lender, Bank of Commerce Mortgage is equipped to independently approve and fund FHA loans.
"Bank of Commerce Mortgage now hosts a secure, one-stop shop for servicing prospective and existing home-owners quickly and reliably," said Mario De Tomasi, CFO for Bank of Commerce Mortgage. "Our people, capital structure and technology, coupled with solid mortgage programs, demonstrate our commitment to finding the most appropriate and sustainable solutions for borrowers. In working with us, customers come to expect the most competitive rates, personalized service and efficient loan delivery."Utilizing Bank of Commerce Mortgage's peer-to-peer technology platform further increases the efficiency of the loan approval process. Customers can better collaborate with their loan officer through a personalized website. In turn, loan officers can more effectively address the needs of their customers via built-in document management, online pricing, reporting, Customer Relationship Management (CRM) and marketing capabilities. "Working with Bank of Commerce Mortgage to purchase my condo was, in a word, effortless," said Ian Duncan, a legal document professional at For The People. "Most importantly, Bank of Commerce Mortgage listened to my needs, providing a level of service and industry knowledge that I think would probably be hard to find at a more traditional mortgage company or Mega bank." About Bank of Commerce Mortgage Operating as both a mortgage banker and brokerage, Bank of Commerce Mortgage is a leading provider of innovative mortgage solutions. The company is able to quickly and reliably offer competitively priced solutions for borrowers by combining in-house funding and underwriting resources. A HUD approved, FHA lender, Bank of Commerce Mortgage has the credentials and expertise that borrowers can trust. The company's management team collectively possesses more than 100 years of experience in the mortgage industry, leading it to fund more than $1 billion annually. Bank of Commerce Mortgage is headquartered in San Ramon, California and serves customers from a wide range of locations throughout California, Arizona, Colorado and Nevada. For more information, contact Bank of Commerce Mortgage at (925) 275-6844 or visit the company's website at www.bankofcommercemortgage.com.