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Lfp Expansion Pres


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Company Expansion and Employment opportunity updates

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Lfp Expansion Pres

  1. 1. The Past…<br /> The Present…<br /> And The FUTURE!!!<br />
  2. 2. The Past:LFP December 31, 2008<br />35 Loan Officers<br />2 Offices in the Mid West<br />Illinois<br />Wisconsin<br />Closed loans only via the warehouse line<br />2008 Illinois Mortgage Banker of the Year!<br />Small, successful Mortgage Banker<br />Name Brand in Chicago<br />
  3. 3. The Present- 2009<br />Moving to a National Platform<br />Currently, licensed in<br />AZ, CA, FL, GA, IL, MD, NC, SC, TX, VA, WI<br />141+ employees <br />11 Office locations <br />3 Funding Channels<br />New Sales Initiatives<br />Plan to hire close to 300 employees in 2009<br />
  4. 4. LFP Offices and # of LO’s<br />Location # of Loan Officers<br />Bull Head City, AZ 2<br />San Marcos, CA 8 <br />Walnut, Creek CA 12<br />Lake Mary, FL 4<br />Pembroke Pines, FL 20<br />Bloomingdale, IL 27<br />Chicago, IL 5<br />Houston, TX 8<br />Fairfax, VA 8<br />VA Beach, VA 5<br />Wauwatosa, WI 5<br />Total 104 (As of 7/23/09)<br />Expansion Hires 87 New LO’s<br />Expansion officially started May 2009 (all expansion states licensed)<br />
  5. 5. LFP Mortgage Office Locations<br />Wauwatosa, WI<br />Walnut Creek, CA<br />Chicago, IL<br />Fairfax, VA<br />Bloomingdale, IL (HQ)<br />VA Beach, VA<br />San Marcos, CA<br />Kingman, AZ<br />Houston, TX<br />Lake Mary, FL<br />Pembroke Pines, FL<br />
  6. 6. LFP- 3 Funding Channel System<br />Mortgage Banker Channel<br />Our Warehouse Lines give us the ability to close loans quickly, offer extremely competitive rates and have more control over the transaction. <br />Table Funding Channel<br />Although these loans are not closed on a traditional warehouse line, this channel offers many of the same benefits like delegated UW and control of the loan process. <br />Mortgage Broker Channel<br />When we need to find additional options outside of our warehouse line and table funding channel for our borrowers, we can broker the loan out.<br />
  7. 7. LFP Upcoming Initiatives <br />Non-Profit Initiative<br />National Alliances<br />National Real Estate Company Alliance<br />National Builder Alliance<br />Commercial Loan Division<br />More to come!!!<br />
  8. 8. Loan Officer Personal Web Site<br />
  9. 9. Loan Officer Personal Web Page<br />Borrowers can apply for a loan on line<br />You can upload to Encompass<br />Create a Mortgage Blog <br />Real time updated financial information<br />Financial indices, Mortgage indices, Rate survey<br />Post your picture and contact info<br />Mortgage Tools<br />Minimal cost to LO- $150 for 1 year<br />Professional style<br />
  10. 10. The Future…<br />By the end of 2010<br />Licensed in 25 states<br />Over 600 Employees<br />Multiple Funding Sources<br />Several Alliances Established<br />LFP as a National Name Brand!<br />