Lender Profile

Security Mortgage Corporation

Contact: Howard Barron
Title: President
Phone: 248-848-0999 ext1
Email: howard@securitymortgage1.com
Website: http://securitymortgage1.com
Headquarters: 30201 Orchard Lake Road Ste 101 Farmington Hills, MI 48334

Company Information

Security Mortgage Corporation has been in the business continuously for 41 years. We provide superior service to our LO’s and Branches, “OUR CLIENTS”.

We also have the Best Comp Plan in the business. LO’s and Branches make 275 BP and BMs receive 40-100 BP overrides on LO’s productions while still delivering superior rates. Additionally, we close most loans in 20-30 days and pay commissions 24-72 hours after closing. You choose the processors! 24-48 hour underwriting. 60 + Lenders. More liberal programs, more closings.

Branch Platform

Req. Annual Volume:0-12,000,000
States:Florida, Michigan
Products:MANUFACTURED/MODULAR, NON WARRANTABLE CONDOS, FOREIGN NATIONAL/ITIN, BANK STATEMENT ONLY, DOWN PAYMENT ASSISTANCE PROGRAMS, STATED INCOME VERIFIED ASSETS, CONSTRUCTION TO PERM, JUMBO/SUPER JUMBO, USDA, FHA/VA, REVERSE, FHA 203K, HOMEPATH, HARP, CONV
Banker Options:N/A
Servicing Levels:In-House Processing, In-House Underwriting, VA Automatic (DELEGATED)
Other Options:Allow DBA'S, Ability To Broker Out, Allow Satellite Branches