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Consumer Finance Wholesale Mortgage

We are a division of the 5th largest commercial bank in the U.S., serving over 10,500 brokers in 47 states.

  • Non-agency portfolio mortgage solutions
     
  • Dedicated service and support for our Wholesale Mortgage Broker partners

Wholesale Mortgage Division Survey
      Submit survey by September 30, 2010        

http://events.SignUp4.com/wholesalesurvey                

The Wholesale Mortgage Broker DIvision wants to hear from you.  We would like to get your ideas to improve your overall marketing experience with U.S. Bank.  The survey should take approximately three to five minutes to complete.

If you choose to provide your personal information, you will be entered into a drawing to win one of eight $50 gift cards.

We value your feedback 

Quick Links 

Learn about U.S. Bank - Wholesale Mortgage
Loan Submission to Closing Guide 
Mortgage Disclosure Improvement Act (MDIA) FAQ
Our Broker Partners Succeed with U.S.
Quick Reference Sheet 
User Guide to Email Documents  

Appraisal Services Ordering System 
Conditions Email 
Application Status Email
Good Faith Estimate Request Email
Rate Information Login 

Contact Us 

Service levels

  • Credit approvals:                      24 hours 
  • Underwriting review:                1-2 days 
  • Appraisal review:                      2-3 additional days 
  • Additional conditions:              2-3 additional days
  • Closing docs:                           24-48 hours

The received date on your full package notification is a guide to when your file will be reviewed in Underwriting. 


Why U.S. Bank Wholesale Mortgage Division? 

We are a national lender with the financial backing of U.S. Bank. Customers seeking a financial partner with strong capital and the ability to provide value-added products and services will find U.S. Bancorp ready.
 
The Wholesale Mortgage Division wants to be the lender of choice for our broker partners by maintaining a strong focus on service, product and knowledge of our business. We strive to develop, maintain and grow strong working relationships with mortgage brokers across our franchise.
 
  • U.S. Bancorp Fact Sheet
  • Highly trained and skilled mortgage professionals
  • Strong commitment to customer service
  • Complete menu of non-agency mortgage products
  • A portfolio lender backed by the strength and security of U.S. Bank

Non-agency portfolio program highlights 

 
We can do more as a portfolio lender  

  • No mortgage insurance at any loan to value
  • Loan amounts available up to $1,500,000*
  • Yield spread premium available on all products
  • Rate locked for 45 days at time of submission
  • First position purchases up to 90% loan to value*

  • 45% debt to income on all products; 50% debt to income allowed on refinance fixed rate first mortgages
  • Mid credit score starting at 650 for $500,000 loans
  • One day off MLS*
  • Financing available in 47 states
  • Dedicated U.S. Bank Account Executives
  • No adjustment to rate up to $1,000,000 loans

  • Cash out available
  • No fee escrow available
  • Rural property allowed

More Product Information

* see rate sheet for state-specific restrictions

 





FDIC Insured - Equal Housing Lender