Citadel webinar will give LOs vital non-prime tools

by Ryan Smith07 Aug 2018

Citadel Servicing Corporation (CSC) is on a growth trajectory, smashing its own records and bringing new employees into the fold.

“The last three months, we’ve hit new records in funding,” said Will Fisher, senior vice president and national sales and marketing director for CSC. “We’re plugging a long, and we’re adding staff. We’re still looking for all positions – especially in underwriting and account management.”

CSC’s booming business means that Citadel employees are busier than ever, Fisher said.

“Our average account executive funds $3 million a month – in non-prime,” Fisher said. “If that doesn’t say it all, I don’t know what does. And in non-prime and non-QM, the compensation is much higher than in A paper. If you’re funding $3 million a month in non-prime and non-QM, you’re making easily six figures a year.”

And soon CSC will be offering training for loan officers that gives them the same best-in-class tools as CSC’s own account executives. The company is hosting , “Better Programs for Non-Prime Borrowers”, Aug. 9 at 2 p.m. EST.

“We’ll be focusing on our non-prime rate sheet top to bottom – our Maggi rate sheet, our Outside Dodd-Frank rate sheet,” Fisher said. “It will be condensed to an hour, but it will be a complete Citadel product overview.”

attendees will learn:

  • All about CSC’s first-to-market non-prime programs, including the one-month, 24- and 12-month banks statement programs, VOE Only program and ATR in Full.
  • Further details about the Maggi Plus (Alt-A) program, including interest-only options, income documentation programs, one-year income qualification, and 24 months from life events and bank-statement loans.
  • CSC’s Outside Dodd-Frank program for foreign nationals, business use and non-owner-occupied loans.

“Citadel is going to train loan officers the way they train their account executives,” Fisher said. “The best part is, it’s going to be recorded so people can re-download it anytime they want.”

To register for the webinar, to be held Aug. 9 at 2 p.m. EST, .

 

Related stories:
Citadel launches summer special
Citadel’s correspondent program filling up fast

 

 

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