National Family Mortgage states that it has surpassed over $200 million in total loans funded. Apparently loan velocity is increasing as well with June originations exceeding $15 million. The young peer to peer company reached their first $100 million in July 2013 and has now doubled that amount in about a year.
“It’s extremely rewarding to know how many families we have been able to help realize their dreams, from buying a home to refinancing a bank mortgage to financing a home improvement project. It’s equally rewarding to know how many families we have empowered to invest in loved ones while earning a solid financial return. We’ve helped keep over $90M in interest with U.S. families.”
National Family Mortgage is committed to offering consumers alternatives to traditional and costlier forms of home financing. National Family Mortgage states it has developed a safe and easy way for families to structure real estate loans with their relatives — thereby helping people arrange affordable loans, while reducing tax issues, protecting relationships, and keeping money in the family. National Family Mortgage has originated over $200M in loan volume since inception, while keeping over $90M in interest within families.
“We have accomplished a great deal in a relatively short period of time,” continued Burke. “I’m grateful for our dedicated and hardworking team. We truly believe that our unique, award winning service is helping families achieve their dreams. We look forward to announcing a new product line that will accelerate our positive impact.”