Latest news with #BrianPermutt
Business Wire
5 days ago
- Business
- Business Wire
ResiCentral Launches Comprehensive Non-QM Mortgage Solutions for Non-Traditional Borrowers
PHOENIX--(BUSINESS WIRE)--ResiCentral, LLC, a leading wholesale mortgage lender, today announced the launch of its expanded Non-QM (Non-Qualified Mortgage) product suite designed to provide mortgage solutions for borrowers who don't fit traditional lending guidelines. Today's diverse economy has created millions of successful professionals who don't fit conventional mortgage guidelines. ResiCentral's expanded Non-QM suite provides mortgage brokers with the tools they need to serve them. The new product line addresses a significant market gap by offering alternative income qualification methods for self-employed individuals, entrepreneurs, freelancers, and high-net-worth clients with complex financial profiles. "Today's diverse economy has created millions of successful professionals who don't fit conventional mortgage guidelines," said Brian Permutt, President of ResiCentral. "Our expanded Non-QM suite provides mortgage brokers with the tools they need to serve these valuable clients while maintaining strong lending standards." The comprehensive suite includes three program tiers—Premier Prime, Premier Plus, and Premier Flex—with loan amounts up to $3.5 million and loan-to-value ratios as high as 90% for well-qualified borrowers. All programs feature consistent income calculation methods across multiple documentation types: Bank Statement Program: Uses 12 or 24 months of personal or business bank statements to determine cash flow, with flexible expense factor options Asset Utilization: Qualifies borrowers based on liquid assets rather than traditional income 1099 Income: Simple verification using 1-2 years of 1099 forms with a standard 10% expense factor 12/24 Month P&L: Income verification using CPA-prepared profit and loss statements Full & Express Documentation: Traditional verification with more flexible approaches to employment history A standout innovation in the suite is the Premier Plus Flex program, which utilizes Agency Automated Underwriting Systems for Non-QM loans, potentially simplifying the qualifying process for borrowers who narrowly miss conventional approval. The launch comes at a critical time for mortgage professionals seeking to expand their business amidst changing market conditions. Industry data suggests that self-employment continues to grow, with more than 16 million Americans now classified as self-employed. ResiCentral is supporting its mortgage broker partners with comprehensive training, white-label marketing materials, and specialized tools like bank statement calculators to help them effectively serve this growing market segment. "Our goal is to equip mortgage brokers with both the products and resources they need to confidently say 'yes' when traditional lenders say 'no,'" added Brian Permutt. The new Non-QM product suite is available immediately to ResiCentral's approved broker partners. For more information, go to About ResiCentral ResiCentral, LLC has quickly established itself as a significant player in the wholesale mortgage arena, becoming a valued partner for mortgage brokers across the country. The company's dedication to delivering "Speed with a Smile" combines lightning-fast processing with exceptional customer experience and consistently competitive rates. ResiCentral has experienced extraordinary growth, tripling both its workforce and loan volume in the past year. This remarkable expansion is guided by a leadership team with decades of industry expertise, positioning ResiCentral at the forefront of the wholesale and non-delegated lending market. Company NMLS 1907538 (
Yahoo
08-05-2025
- Business
- Yahoo
Announcing NonDel Complete: ResiCentral's All-in-One Solution for Non-Delegated Success
Experience end-to-end loan management with NonDel Complete, an all-inclusive solution that equips Banker Partners with everything needed to efficiently process, close, and deliver loans in one centralized place. PHOENIX, May 08, 2025--(BUSINESS WIRE)--ResiCentral LLC, today announced the launch of its full-service non-delegated solution, NonDel Complete, an intuitive, end-to-end loan experience within their dynamic portal. This solution is specifically tailored to banker partners who value control over their loans but desire support with disclosures, loan documents, and additional services. "NonDel Complete gives our banking partners a full-service solution to meet their customers' needs with confidence," said Brian Permutt, President at ResiCentral. "We handle disclosures, ensure credit quality, and deliver purchase-ready loans—all in one place. Plus, with our 24- to 48-hour purchase review, partners can reduce carrying costs and scale volume without tying up warehouse capacity." The platform leverages ResiCentral's mortgage expertise to deliver features prioritized by non-delegated partners: Complete document and disclosure generation through our intuitive portal with integrated e-signing services Continuous compliance safeguards and eligibility validation at every stage of the loan's journey Flexible underwriting with seamless AUS integration business wire Total partner control over loan-level fee structures Accelerated closing process that fulfills our "Speed with a Smile" promise ResiCentral also offers NonDel Core for self-sufficient operators seeking maximum independence with expert oversight and quick warehouse clearing, and NonDel Choice where partners maintain control of customer relationships while our team handles the closing process. Behind the technology stands ResiCentral's experienced underwriting team, accessible directly through dedicated contact channels – no call centers or ticket systems. "We've built our systems to eliminate bottlenecks without sacrificing quality," added Mr. Permutt. "Our 'Speed with a Smile' promise means you get rapid decisions from underwriters who know your business and respond within hours, not days." NonDel Complete represents ResiCentral's commitment to a true partnership approach in the non-delegated space. The solution enables banker partners to focus on managing client relationships and growing their business, while ResiCentral handles the complete end-to-end process from application to closing. Partners maintain control over their loans with the support they need for disclosures and documentation, plus benefit from the efficiency of 24–48-hour purchase review once the loan closes. Non-Delegated partners interested in learning more about NonDel Complete can contact their ResiCentral account executive or for information on getting started with this powerful new solution. About ResiCentral: ResiCentral, LLC has quickly established itself as a significant player in the non-delegated mortgage arena, becoming a valued partner for mortgage bankers across the country. The company's dedication to delivering "Speed with a Smile" combines lightning-fast processing with exceptional customer service and consistently competitive rates. ResiCentral has experienced extraordinary growth, tripling both its workforce and loan volume in the past year. This remarkable expansion is guided by a leadership team with decades of industry expertise, positioning ResiCentral at the forefront of the wholesale and non-delegated lending market. Company NMLS 1907538 ( View source version on Contacts Christa Baldie 813.732.3327 cbaldie@
Associated Press
08-05-2025
- Business
- Associated Press
Announcing NonDel Complete: ResiCentral's All-in-One Solution for Non-Delegated Success
PHOENIX--(BUSINESS WIRE)--May 8, 2025-- ResiCentral LLC, today announced the launch of its full-service non-delegated solution, NonDel Complete, an intuitive, end-to-end loan experience within their dynamic portal. This solution is specifically tailored to banker partners who value control over their loans but desire support with disclosures, loan documents, and additional services. 'NonDel Complete gives our banking partners a full-service solution to meet their customers' needs with confidence,' said Brian Permutt, President at ResiCentral. 'We handle disclosures, ensure credit quality, and deliver purchase-ready loans—all in one place. Plus, with our 24- to 48-hour purchase review, partners can reduce carrying costs and scale volume without tying up warehouse capacity.' The platform leverages ResiCentral's mortgage expertise to deliver features prioritized by non-delegated partners: ResiCentral also offers NonDel Core for self-sufficient operators seeking maximum independence with expert oversight and quick warehouse clearing, and NonDel Choice where partners maintain control of customer relationships while our team handles the closing process. Behind the technology stands ResiCentral's experienced underwriting team, accessible directly through dedicated contact channels – no call centers or ticket systems. 'We've built our systems to eliminate bottlenecks without sacrificing quality,' added Mr. Permutt. 'Our 'Speed with a Smile' promise means you get rapid decisions from underwriters who know your business and respond within hours, not days.' NonDel Complete represents ResiCentral's commitment to a true partnership approach in the non-delegated space. The solution enables banker partners to focus on managing client relationships and growing their business, while ResiCentral handles the complete end-to-end process from application to closing. Partners maintain control over their loans with the support they need for disclosures and documentation, plus benefit from the efficiency of 24–48-hour purchase review once the loan closes. Non-Delegated partners interested in learning more about NonDel Complete can contact their ResiCentral account executive or for information on getting started with this powerful new solution. About ResiCentral: ResiCentral, LLC has quickly established itself as a significant player in the non-delegated mortgage arena, becoming a valued partner for mortgage bankers across the country. The company's dedication to delivering 'Speed with a Smile' combines lightning-fast processing with exceptional customer service and consistently competitive rates. ResiCentral has experienced extraordinary growth, tripling both its workforce and loan volume in the past year. This remarkable expansion is guided by a leadership team with decades of industry expertise, positioning ResiCentral at the forefront of the wholesale and non-delegated lending market. Company NMLS 1907538 ( ). View source version on CONTACT: Christa Baldie 813.732.3327 [email protected] KEYWORD: UNITED STATES NORTH AMERICA ARIZONA INDUSTRY KEYWORD: FINANCE BANKING PROFESSIONAL SERVICES RESIDENTIAL BUILDING & REAL ESTATE CONSTRUCTION & PROPERTY SOURCE: ResiCentral LLC Copyright Business Wire 2025. PUB: 05/08/2025 09:45 AM/DISC: 05/08/2025 09:44 AM
Business Wire
08-05-2025
- Business
- Business Wire
Announcing NonDel Complete: ResiCentral's All-in-One Solution for Non-Delegated Success
PHOENIX--(BUSINESS WIRE)--ResiCentral LLC, today announced the launch of its full-service non-delegated solution, NonDel Complete, an intuitive, end-to-end loan experience within their dynamic portal. This solution is specifically tailored to banker partners who value control over their loans but desire support with disclosures, loan documents, and additional services. "NonDel Complete gives our banking partners a full-service solution to meet their customers' needs with confidence," said Brian Permutt, President at ResiCentral. "NonDel Complete gives our banking partners a full-service solution to meet their customers' needs with confidence," said Brian Permutt, President at ResiCentral. 'We handle disclosures, ensure credit quality, and deliver purchase-ready loans—all in one place. Plus, with our 24- to 48-hour purchase review, partners can reduce carrying costs and scale volume without tying up warehouse capacity." The platform leverages ResiCentral's mortgage expertise to deliver features prioritized by non-delegated partners: Complete document and disclosure generation through our intuitive portal with integrated e-signing services Continuous compliance safeguards and eligibility validation at every stage of the loan's journey Flexible underwriting with seamless AUS integration business wire Total partner control over loan-level fee structures Accelerated closing process that fulfills our "Speed with a Smile" promise ResiCentral also offers NonDel Core for self-sufficient operators seeking maximum independence with expert oversight and quick warehouse clearing, and NonDel Choice where partners maintain control of customer relationships while our team handles the closing process. Behind the technology stands ResiCentral's experienced underwriting team, accessible directly through dedicated contact channels – no call centers or ticket systems. "We've built our systems to eliminate bottlenecks without sacrificing quality," added Mr. Permutt. "Our 'Speed with a Smile' promise means you get rapid decisions from underwriters who know your business and respond within hours, not days." NonDel Complete represents ResiCentral's commitment to a true partnership approach in the non-delegated space. The solution enables banker partners to focus on managing client relationships and growing their business, while ResiCentral handles the complete end-to-end process from application to closing. Partners maintain control over their loans with the support they need for disclosures and documentation, plus benefit from the efficiency of 24–48-hour purchase review once the loan closes. Non-Delegated partners interested in learning more about NonDel Complete can contact their ResiCentral account executive or for information on getting started with this powerful new solution. About ResiCentral: ResiCentral, LLC has quickly established itself as a significant player in the non-delegated mortgage arena, becoming a valued partner for mortgage bankers across the country. The company's dedication to delivering "Speed with a Smile" combines lightning-fast processing with exceptional customer service and consistently competitive rates. ResiCentral has experienced extraordinary growth, tripling both its workforce and loan volume in the past year. This remarkable expansion is guided by a leadership team with decades of industry expertise, positioning ResiCentral at the forefront of the wholesale and non-delegated lending market. Company NMLS 1907538 (
Associated Press
27-01-2025
- Business
- Associated Press
ResiCentral and New American Funding Leverage Polly to Revolutionize Mortgage Broker and Loan Officer Experiences with AI
SAN FRANCISCO--(BUSINESS WIRE)--Jan 27, 2025-- Polly, the leading provider of innovative enterprise technology and artificial intelligence for mortgage capital markets, unveils the impressive productivity gains wholesale mortgage company ResiCentral and national mortgage lender New American Funding (NAF) are seeing from its novel AI platform, Polly/™ AI. Powered by state-of-the-art AI/ML algorithms and Polly's proprietary technology and data, the platform is embedded directly within Polly's next-generation, commercially scalable product, pricing, and eligibility (PPE) engine. Polly solidified its position as a mortgage tech pioneer in artificial intelligence with Polly/™ AI's first application: an interactive loan officer (LO) agent that leverages the PPE's unmatched analytical abilities to examine near-miss eligibility, near-miss pricing, and suggested actions. Introduced in May 2024, the first-of-its-kind agent has empowered mortgage lenders and their loan officers and mortgage brokers to stand out in today's highly competitive capital markets vertical, drive greater value for their customers, and ultimately, boost conversions and ROI. Leading mortgage lenders like ResiCentral and NAF that have tapped into Polly/™ AI are raising the industry bar and experiencing revolutionary changes to their workflows, including: UNPRECEDENTED EFFICIENCY ResiCentral is committed to delivering exceptional service and competitive, consistent mortgage rates. As an industry trailblazer, the company is the first wholesale lender to launch Polly's LO agent. 'Our mantra is 'Speed with a Smile,' and Polly's agent is instrumental in helping us deliver on that promise,' shared Brian Permutt, President of ResiCentral. 'By automatically generating accurate prices and identifying the right loan product, we're empowering mortgage brokers to focus on what matters most—providing a personal touch. The agent doesn't replace the human connection; it enhances it.' In adopting Polly, ResiCentral has revolutionized how they operate, tripling YoY volume in 2024 without the addition of secondary, capital markets, or lock desk staff. The platform offers unparalleled depth and functionality, giving ResiCentral the ability to adapt quickly to its customers' needs and scale its operations. Sean Welsh, SVP of Capital Markets at ResiCentral, added: 'We have always been committed to remaining at the forefront of technology. That's why we partnered with Polly. We were drawn to not only their best-in-class solutions, but their forward-thinking mindset and ability to usher in the next generation of mortgage technology. The AI platform is the latest example; like Polly's PPE, it's innovative, easy-to-use, and ensures pricing accuracy. We are excited to see how Polly will help us achieve even more ambitious goals in 2025 and beyond. The sky is the limit when it comes to their offerings, and we want to be a first mover with everything.' GAME-CHANGING TIME SAVINGS As a leading independent mortgage lender, NAF continuously aims to scale, advance its operations, and set itself apart. 'While our current systems function well, we always look for opportunities to further improve our processes. That philosophy is what initially led us to explore innovative new technologies and partnerships like Polly,' explained Kristin Ankeny Bickenbach, EVP of Secondary Marketing for NAF. 'Polly's platform is the foundation for unlimited possibilities when setting pricing strategies, and that flexibility has truly been valuable to our operations.' NAF focuses on leveraging the right tools to optimize loan officers' workflows and bring more value to its customers. Polly/™ AI is driving groundbreaking benefits in this area, with over 1,250 NAF employees actively engaged with the AI platform. By providing clarity on more than 7,200 ineligible products and offering actionable insights at scale, Polly's LO agent has saved the NAF team countless hours of manual effort to date. Nick Denrio, Regional Support Manager at NAF, also shared: 'Polly's AI-enabled pricing engine has transformed the way my fellow loan officers and I operate. Its convenience and accessibility allow our team to accurately quote and assist clients anytime, anywhere. This mobility and ease-of-use have been a game-changer, enabling us to meet our clients' needs more effectively and in real time.' AI ROADMAP The roadmap for Polly/™ AI is continuously informed by feedback from ResiCentral, NAF, and other Polly customer partners. Polly remains fully committed to advancing its AI and machine learning capabilities and has slated additional significant research and development investments in 2025 to stay ahead of the curve and deliver even greater value to mortgage lenders. Adam Carmel, Founder and CEO of Polly, explains: 'Polly's ongoing collaboration with industry leaders like ResiCentral and NAF reflects our shared commitment to maximizing value while simultaneously meeting the needs of lenders and their loan officers and mortgage brokers. Our constant dialogue with our customers fuels our roadmap and enables our team to develop products and functionality that are purpose-built to address actual lender challenges, optimize their profitability, and deliver a world-class loan officer experience.' Carmel concluded, 'We are thrilled by the transformative benefits ResiCentral and NAF have experienced with Polly/™ AI and our LO agent. This is only the beginning, and we remain dedicated to pioneering AI mortgage technology that delivers unmatched value.' Polly is attending the 2025 MBA Independent Mortgage Bankers Conference in Austin, January 27-29. To learn more about how the company is pioneering the next generation of mortgage capital markets technology, attendees are encouraged to schedule a meeting or visit with Polly's attending team at the sponsored MBA Welcome Party. ResiCentral, LLC, a rapidly emerging force in wholesale mortgage lending, has established itself as a trusted partner to thousands of mortgage brokers nationwide. The company's dedication to delivering 'Speed with a Smile' combines lightning-fast processing with exceptional customer service and consistently competitive rates. Despite being a relative newcomer to the wholesale mortgage space, ResiCentral has experienced extraordinary growth, tripling both its workforce and loan volume in the past year. This remarkable expansion is guided by a leadership team with decades of collective industry expertise, positioning ResiCentral at the forefront of the wholesale lending market. The company's commitment to empowering mortgage brokers with cutting-edge solutions while maintaining the personal touch has fueled its impressive trajectory. Company NMLS 1907538. About New American Funding New American Funding is an independent mortgage lender with a servicing portfolio of more than 272,000 customers representing approximately $71 billion in value and 285 locations nationwide. NAF was recently named to the Fortune 100 Best Companies to Work For ® in 2024. NAF was also named one of America's Greatest Workplaces for Women 2024 by Newsweek. The company offers state-of-the-art career training and provides its branch Loan Officers with innovative technologies to streamline the mortgage process. About Polly Polly has pioneered the next generation of mortgage capital markets technology with its cutting-edge, data-driven platform. Its enterprise-grade solutions, including the industry's only cloud-native, commercially scalable product, pricing, and eligibility (PPE) engine and first-of-its-kind Polly/™ AI platform, empower the nation's top banks, credit unions, and mortgage lenders to increase profitability, automate workflows, and revolutionize the loan officer and broker experiences. As a mortgage technology trailblazer, Polly is committed to driving meaningful value and ROI through best-in-class innovation that enables unlimited configurability, flexibility, granularity, and scalability. Polly was founded by a seasoned team of mortgage capital markets and technology experts and is headquartered in San Francisco, California. To learn more, or visit . CONTACT: Media requests and inquiries: Samantha MacKendrick Polly 415-212-8469 SOURCE: Polly Copyright Business Wire 2025. PUB: 01/27/2025 08:05 AM/DISC: 01/27/2025 08:06 AM
