More mortgage originators are making the switch from brokerages to mortgage lending companies, prompting First Guaranty Mortgage Corp. (FGMC) to partner with Navigator Lending Solutions (NavPros) to follow market trends.
The new partnership will provide education and training resources to assist emerging bankers.
NavPros is a fulfillment company that offers bundled closing/funding and post-closing solution and compliance training resources for correspondent lenders.
"The number of mortgage brokers and originators who now want to serve their clients as mortgage lenders is rapidly increasing," said Andrew Peters, CEO of FGMC.
"Through our partnership with NavPros, we look forward to offering guidance and information that might not otherwise be easily accessible to emerging bankers as they make what can be a challenging transition," Peters added.
In addition, the offerings will include webinars, on-site seminars, tradeshow presence, and white papers, as well as other forms of educational and training material.
"With this partnership, we look forward to supporting these emerging bankers, whom we believe will be essential to the mortgage lending industry in the rising purchase market," said Jan Manning, president of NavPros.