Prospect Is the REO Sales Leader!
Is it any wonder why Prospect Mortgage is the national leader when it comes to selling and financing REOs?
Recently, a national leading bank boasted how it had achieved $100 million in REO sales volume this year. At Prospect, we did a quarter billion over the same time period, and we’re on track to fund well over $1 billion in REO loans for the year. Our monthly REO loan volume has doubled since January 2009.
Prospect is financing more REO transactions because more leading REO asset holders TRUST PROSPECT to market and move their properties as no other financial institution can. By closing REO sales at a rate seven times higher than the national average, Prospect has been entrusted with preferred lender status on more than 120,000 quality REO properties nationwide.
We get results based on:
- A 20-year track record of successful REO loan sales
- Partnerships with some of the nation’s largest REO asset holders
- Aggressive financing deals for REO properties, including permanent buy-downs and seller concessions
- Fast, flexible, agile technology to speed our originating and underwriting platforms
- REO BOSS, a proprietary marketing system that turns our REO open houses into a beehive of buyers!
Also, we are the only lender with a national MLS access contract with Home Buyers Marketing, the nation’s No. 1 online home search tool. HBM highlights our REO properties within their system, including our finance deals.
Contact us today to learn how Prospect Mortgage can make YOU an REO sales leader too!

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