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All Press Releases for May 11, 2009 Subscribe to this News Feed    
 

Lendability.com Hires Former JP Morgan/Chase Exec. Launches AgentPreferred Lending Program for Real Estate Agents as Housing Market Shows Signs of Stabilization

Innovative Concept Provides Multiple Loan Solutions for Real Estate Agents and Home Builders Looking for Easier Solutions to Facilitate Home Closings in an extremely challenging market.

Scottsdale, AZ (PRWEB) May 11, 2009 -- Lendability.com has announced the hiring of Christopher Medellin, former National Sales Manager at both JPMorgan Chase and GMAC Mortgage, as it's Vice President of Business Development and Affinity Channels for the fast growing upstart mortgage company.

The position is focused on organic business growth and relationship-based partnerships targeting Realtors, New Home Builders, and Corporations of any size. The program has seen tremendous success in its early launch signing up several hundred affiliates in its first month.

"With my previous experience at large corporate financial institutions, I understand that a successful program must have a strong value proposition for the affiliate. When we created the Agent Preferred Program we interviewed Realtors in different regions throughout the country. Based on Realtors feedback, we created a program and a team around their needs. The Agent Preferred Program has features that no other Realtor-based program offers. Specifically, we offer web-based technology for their websites to increase usage from potential clients. We also provide access to Pre-Approved Leads and rewards to their clients who close their loan through us." Christopher Medellin, Lendability.com.

The Program provides Lendability.com's Affiliate Partners with direct access to Loan Advisors 24 hours/day, technology-based tools for their individual's websites, Pre-Approvals in minutes for prospective borrowers as well as rewards and discounts for their clients.

"Client satisfaction and a smooth buying process are the two most important elements of my business model. Lendability.com understands the importance of these two critical needs and has always delivered professionalism and great service with all of our clients." Erik Walbot, of The Walbot Group at John Hall and Associates. Erik will also be appearing in The Learning Channel's, foreclosure television program, Deals on the Bus debuting in May 2009.

The corporate programs are targeted for the benefit of the employees of large corporations. Deep discounts are given to employees in the form of credits to closing costs or gift cards to their favorite retailer or restaurant.

Lendability.com has been gaining national momentum during one of the financial industry's most tumultuous periods in decades as the company has created a new model for success offering consumers an upfront, transparent discount lending option.

Founded by former Ditech.com (GMAC) executives, Lendability.com was established to provide consumers a solid financial lending option with the lowest rates available, nationwide. As an online company, Lendabilty.com has an efficient and low-cost infrastructure, allowing the company to provide discounted mortgage rates unavailable anywhere else.

Lendability.com plans to offer its discount mortgage options to the entire Western Region by the end of the Fourth quarter of 2009 and will be licensed in all 50 states by 2011.

In addition to offering low discount mortgage rates, the company offers borrowers many conveniences as well. Being an online lender, the company takes a highly innovative approach to doing business offering a simple, one page mortgage application, pre-approval confirmations in approximately thirty minutes, and text and e-mail messaging options where consumers can receive quick, up-to-date information instantly.

Lendability.com
Based in Scottsdale, Arizona, Lendability.com is a full-service, online discount mortgage company. Established in 2008, Lendability.com offers consumers a wide-variety of progressive mortgage products designed to provide quality, low rate home loan options. The company takes a highly advanced approach to its financial service offerings, providing consumers unmatched access to personalized financial information in an efficient and secure format. Lendability.com is a preferred partner of LifeLock.com, guaranteeing personal information is kept safe. Visit www.lendability.com for more information or call 1.877.99.ABILITY. For information about Affinity Programs visit Lendability.com/agentpreferred.

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Alex Cooper
Lendability.com
866-794-9810 x104
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