Joint Ventures

Discover the vast array of opportunities we offer to grow your business and better serve your workforce.

JV Solutions by Industry

Our success stems from a proven track record anchored in creating mortgage solutions based on your needs, not ours. Over a decade of listening to our partnering members has taught us that each business requires its own unique in-house lending solution.

Our JV model is turnkey yet highly personalized. We provide manpower and handle the operations. We even assist with marketing. Yet you remain in control every step of the way. Prospect Mortgage Company JVs are structured for RESPA compliance and limited liability, and afford additional peace of mind with audits from Deloitte & Touche.

Backed by a direct lender with one of the nation's highest application approval rates, our JVs harness the power of proprietary technology to offer clients a vast array of loan programs with just one application. Additionally, as members of RESPRO and NAHREP, you can be confident that you and your clients will receive heroic customer service, a practice engrained in our core values.

Realtor®

For more than a decade, Prospect Mortgage Company has formed JVs with dozens of top Realtors around the country, including eight of the top 25 Realtors in the Nation's largest county. Forging relationships with Realtors is our specialty. We are intimately familiar with the unique needs and nuances of your business. Our expertise has helped us to develop arrangements that include:

  • A simple way to earn shared revenue
  • Significant control over the mortgage process
  • Providing your clients with access to over 7,000 loan programs
  • In-house mortgage reps to help you offer your clients a complete one-stop home buying experience
  • In-house marketing support to increase awareness of your mortgage and real estate companies

CPA / Accountant

Our JV program focuses on strengthening your bond with clients, while expanding your involvement in their financial lives. Designed with an integrated, comprehensive approach, the program goes far beyond simply providing superior new home loans and refinancing loans.

Here is a sampling of available services:

  • Unique programs for CPAs/Accountants
  • Interest-only financing
  • 100% financing
  • Flexible-documentation loans
  • Automated underwriting
  • Complimentary annual mortgage check-up
  • Privacy assurance service

Financial Advisor

Forming a JV with Prospect Mortgage Company yields a host of benefits for Financial Advisors. We have a wide array of products and services designed to assist your clients with their financial well-being, while increasing your revenue and versatility. Mortgage services of particular utility to Financial Advisors include:

  • Pledged-Asset loan programs which enable clients to keep their investments intact, rather than liquidating them to come up with a down payment
  • Low interest rate and low monthly payment interest-only loan programs to maximize liquidity and tax benefits
  • Structuring most non-recurring closing costs as points, for maximum tax benefits
  • Complimentary annual mortgage check-up consisting of needs analysis, property profile, credit report review, and debt restructuring

Credit Union / Banker

A Prospect Mortgage Company JV can make the perfect complement to a credit union or bank's existing financial services. Add home loans to your existing suite of loan products or expand your current mortgage offerings to include a vast array of loan programs. Give your customers flexibility with:

  • A variety of loan programs, including jumbo, super jumbo, conventional, FHA/VA, commercial, and construction
  • Proprietary loan programs not based solely on credit scores, for clients with "less-than-perfect" credit. This allows us to approve loans that other lenders may deny
  • Fast approvals from a direct lender with the ability to act as broker when necessary
  • One of the nation's highest application approval rates

Builder

You've provided the plans, the permits, the construction — here's your opportunity to provide the financing as well. Make a profit on lending transactions but this time let us do all the heavy lifting for you. We will manage the mortgage process for you so that you can concentrate on your core business.

  • On-site loan officers available seven days a week for point-of-sale approvals
  • Commercial financing (A&D Loans)
  • Direct lender with delegated underwriting authority up to $2 million for faster approvals
  • Greater control over the lending process

Alumni Association

Alumni Associations are particularly well suited to forming a JV with Prospect Mortgage Company. The addition of lending services to your member amenities provides added value and further fosters loyalty among association members. These are just a few of the benefits a JV can yield:

  • Added services attract, retain and involve members
  • Increased revenue enhances ability to make gifts to your university such as facilities, scholarships, and other philanthropic causes
  • Additional incentives include the qualified Realtor Network, and a chance for graduates working as Realtors to join the network

Other Enterprises

Is a Prospect Mortgage Company JV right for your business? Perhaps a turnkey, complete mortgage solution would greatly enhance your current offerings.

We can customize the structure and features of your JV to develop a relationship that makes sense for you. Contact us today to learn more about our custom in-house lending solutions.