Total Mortgage Approved with Fannie Mae as a Seller/Servicer

Total Mortgage Approved with Fannie Mae as a Seller/Servicer

Milford, Connecticut (PRWEB) September 13, 2011

Total Mortgage Services, LLC, a leading mortgage lender, announced today that it has received approval with Fannie Mae to be a seller/servicer for one-to-four family first lien mortgages and can now retain mortgage servicing rights, expand product offerings as well as sell and pool loans into mortgage backed securities. Total Mortgage has been assigned Fannie Mae Seller Service Number – 27127-000-3.

“We are extremely pleased to be an approved seller/servicer with Fannie Mae after going through their rigorous approval process,” commented John Walsh, President of Total Mortgage. “Total Mortgage is committed to delivering the perfect mortgage, not only to our investors, but also to borrowers and this approval will further enhance our pricing advantage, while positioning us to leverage our operational infrastructure to drive our geographic and channel expansion.”

Total Mortgage, which offers some of the lowest mortgage rates on jumbo loans, FHA-insured mortgages, 30-year fixed-rate mortgages, and adjustable-rate mortgages through its retail and wholesale channels, is licensed in California, Colorado, Connecticut, Delaware, Florida, Georgia, Illinois, Massachusetts, Maryland, Maine, Michigan, Mississippi, New Jersey, New York, New Hampshire, North Carolina, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Vermont and Virginia and the District of Columbia. Total Mortgage currently has five additional state licenses pending.

About Total Mortgage Services, LLC

Total Mortgage Services, LLC, a provider of some of the lowest mortgage rates, is an industry-leading direct-to consumer and wholesale mortgage lender. The company was founded in 1997, and has been included in the Inc. Magazines’ list of America’s Fastest Growing companies in 2011 and 2010 and holds Better Business Bureau “A” ranking since 1997. Licensed in 23 states and the District of Columbia, Total Mortgage offers a variety of products and programs including fixed-rate loans, adjustable-rate mortgage loans (ARMs), jumbo loans, FHA mortgages and more. In 2010, Total Mortgage launched its wholesale lending platform TMS Funding. Visit TotalMortgage.com for current mortgage rates, FHA mortgage rates, jumbo mortgage rates, ARM rates as well as other mortgage rates. For more information on Total Mortgage, please visit http://www.totalmortgage.com.

Media Contact:                    

John Lovallo

Lovallo Communications Group

Telephone: 203-526-6371

Email: john.lovallo(at)lovallocommunications(dot)com

Or email Total Mortgage directly at press(at)totalmortgage(dot)com

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