Items Tagged with 'Waterstone Mortgage'

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  • Mortgages are now available for borrowers without credit scores

    Think you need a credit score to get a mortgage? Think again
    For the better part of this decade, there’s been a movement afoot to try to get the two main sources of mortgage financing, Fannie Mae and Freddie Mac, to begin using newer credit scoring models that use factors like a person’s bank account history or utility payments as a consideration when determining their creditworthiness. But now, there's one mortgage company that will lend to borrowers who have no credit score at all.
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  • Waterstone Mortgage expands executive leadership team

    Appoints several to leadership positions
    Waterstone Mortgage recently announced several changes to its leadership team, including three promotions. Waterstone Mortgage President and CEO A.W. Pickel said as the lender continues to increase its presence around the country, it’s crucial they have effective and motivated leaders.
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  • Waterstone Mortgage opens new branch in Illinois

    Joe Amato and Joe Spisak will lead the team
    As housing affordability continues to plague the industry, some companies are either downsizing or closing their doors, but not Waterstone Mortgage. It's expanding its reach, announcing the opening of a new branch in Libertyville, Illinois.
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  • Waterstone Mortgage opens largest office yet

    Lender opens Southwestern regional office
    Waterstone Mortgage announced it has opened a new Southwestern regional office in Albuquerque, New Mexico. While Waterstone extends its reach, decreasing origination rates are forcing other mortgage companies to downsize.
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  • Waterstone Mortgage appoints A.W. Pickel as president

    Will be based in the Pewaukee, WI corporate office
    Waterstone Mortgage announces the appointment of A.W. Pickel as company president, specializing in the management of day-to-day operations and administrative duties. Pickel’s appointment comes off the heels of significant company growth.
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  • Waterstone Mortgage names Ericka Smith VP of marketing

    Joined Waterstone as marketing manager more than two years ago
    Mortgage lender Waterstone Mortgage has promoted Ericka Smith to vice president of marketing. She joined Waterstone Mortgage as marketing manager more than two years ago and has played an integral part in the rollout of many of the company’s marketing initiatives, such as the launch of its customer relationship management system, the company said.
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  • Waterstone Mortgage adds two to leadership team

    Lender adds Jodi Johnson as VP of risk and audit and Ed Vaccaro as regional VP of retail production
    Waterstone Mortgage expands its leadership team with the appointments of Jodi Johnson, who will serve as vice president of risk and audit, and Ed Vaccaro, who will serve as regional vice president of retail production.
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  • Waterstone Mortgage unveils zero-down, 20-year, adjustable rate 'wealth building' loan

    Loan program designed by AEI's Stephen Oliner and Edward Pinto
    The "Wealth Building Loan" requires no down payment, and offers eligible borrowers a 7/1 adjustable rate mortgage with a 20-year amortization. Waterstone said that the "Wealth Building Loan" also eliminates monthly mortgage insurance payments nearly four years sooner than a 30-year conventional loan with a 3% down payment.
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