Primary Capital Mortgage Introduces New Service for Mortgage Brokers: JumboExpress

February 07, 2007 (PRLEAP.COM) Business News
ATLANTA, February 7, 2007 — Primary Capital Mortgage (www.primarycapital.com), the premier residential mortgage company, will be expanding its offerings for mortgage brokers yet again by rolling out its latest service, JumboExpress, on February 9, 2007. JumboExpress will give brokers direct access to Wall Street and will deliver real-time pricing for super jumbo loans.

Mortgage brokers will access JumboExpress through Primary Capital’s wholesale broker portal, PCMexpress. Once logged in, brokers seeking super jumbo loans (loans of $1 million and up) will be able to send a pricing request directly to Primary Capital’s jumbo trading desk. The experts at Primary Capital will then negotiate the best price directly with Wall Street and will be able to provide it to the broker within minutes. With this new service, brokers no longer need to rely on dated price sheets and instead will receive real-time custom-priced jumbo loans that will give their borrowers the best deal possible.

“Primary Capital Mortgage prides itself on offering its mortgage brokers the latest advances in technology,” said George Phelps, executive managing director of Primary Capital. “JumboExpress allows brokers to give borrowers seeking jumbo loans the very best pricing based on the current market rates without delay, giving both the broker and the borrower a distinct advantage.”

Along with access to JumboExpress, PCMexpress provides mortgage brokers with access to downloadable forms, guidelines, and disclosures. In addition, through PCMexpress, brokers have access to LoanExpress’s FlyerExpress, Primary Capital’s newsroom, and highlights regarding the latest offerings from Primary Capital. For more information, please visit PCMexpress.com.

About the Company
Primary Capital Mortgage is a leading residential mortgage company headquartered in Atlanta. The company offers innovative products and services through three channels: wholesale lending, online mortgage program, and retail lending. Currently operating in 23 states, Primary Capital Mortgage closes over $1 billion in business annually. For more information, brokers are invited to visit www.pcmexpress.com and consumers can check out www.mortgage-in-motion.com.