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Malibu Funding Inc Now a Direct Lender
After 12 years as a Mortgage Broker only , Malibu Funding Inc. in now in the direct lending business.
Direct lending allows a faster transaction time. There may be lower rates. There can be lower costs.
Control over the entire process is maintained inhouse rather than outsourcing to the chosen bank.
Sometimes there is a need to be ale to seek other lenders because of the program needed to get the loan done. In that regard Malbiu Funding inc. will remain a mortgage broker as well with over 40 approved banks and over 150 different programs.
Many new regulations has prompted Malibu Funding Inc. getting into the lending side of the mortgage business.
"Always being at the mercy of the banks we broker to has forced us to take control of as much of the process as possible" Said Jeff Barton President of Malibu Funding Inc. "with that control, we can offer our customers more options, more flexibility and a stronger voice in the overall loan process"
Malibu Funding Inc has 25 MLO's and closes hundreds of trans actions per year
Malibu Funding Inc.
888 719 7694