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ABN Amro hosts mortgage processing for US community banks

25 July 2002  |  3344 views  |  0 ABN Amro hosts mortgage processing for US community banks

ABN Amro Mortgage Group has introduced a new Web-based application and loan submission platform for independent community banks who lack the resources to offer their own full-scale mortgage loan operations.

Interfirstlink.com enables community banks to sell mortgage loans from ABN Amro, while maintaining brand presence with customers. Once a community bank has delivered a completed consumer application through interfirstlink.com , AAMG provides complete back-end fulfillment of the mortgage application, including loan processing, closing and funding.

The Web-based application is made available through a specialised sales group in AAMG's InterFirst wholesale mortgage lending division. Fulfillment services are provided by AAMG's Florida-based operations centre.

William Newman, executive vice president, says: "Interfirstlink.com empowers community banks to offer a full line of mortgage products with minimal overhead and significant returns."

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