We Must Choose: Evolve or Become Extinct

Blog post was written by Dave Stephan, Inlanta’s TPO Manager. 

I’m pretty sure when Charles Darwin was kicking around the South Pacific in the HMS Beagle back in the 1830’s, he didn’t think someone was going to write about his theory of evolution and mortgage banking some 190 years later.

While there is much to learn from Darwin’s theory, we know this – If something doesn’t continue to evolve, it can fail to grow and flourish.  At Inlanta, we’ve been building a theme for 2018 around evolution.  We’re fortunate to be on the horizon of our twenty-fifth year in business and throughout that time, we’ve been witness to our own growth and evolution as well as the industry around us.

Twenty-five years ago, there was no real public internet, no email, no LP or DU, credit scores were barely in use, and fax machines were pretty much the height of technology.  Paper 1003’s and verifications were the norm.  Dot matrix printers noisily churned out closing docs and a 30-Year Fixed could be had at a cool 8%…

While evolution is necessary, it also serves a purpose– survival of the fittest.  Countless ideas and companies have come and gone the way of the dodo bird in the last 25 years.  Much like the catastrophe that wiped out the dinosaurs some 65 million years ago, the Great Recession was a meteor that changed the path of the mortgage industry forever.  We saw the near extinction of the mortgage broker and wholesale lending, with large banks dominating the landscape.

But now, another twist. The regulatory fallout from the impact of the financial crisis has caused the largest banks to rack up approximately $138 billion in fines between 2010 and 2014 and, for the first time, non-bank originators are capturing more market share than their financial institution counterparts.  For 2018 and beyond, rising rates will mean even less refi opportunity and fierce competition for purchase business.

So, back to the earlier idea that if something doesn’t continue to evolve, it can fail to grow and flourish.  The question is, how has your institution’s mortgage lending program evolved?  Inlanta’s Third Party Origination (TPO) program can help you take advantage of every mortgage opportunity, including FHA, VA, and USDA Rural Development and help you be a survivor in today’s competitive marketplace.

Evolve your mortgage business with an Inlanta TPO partnership! Need more information?  Email me at davestephan@inlanta.com or call 262.754.6494 or visit our LinkedIn page.

Make your Passion your Paycheck with a Company that Cares

Are you a hustler? Do you believe in the value of hard work and that, with the right culture and commitment, it not only pays off – it feels good? Here at Inlanta, we genuinely care, believe in, and celebrate our hardworking employees and recognize that passion + hustle = reward.

Inlanta Mortgage has been helping mortgage professionals achieve the best work of their lives for more than twenty-five years. We seek well-rounded candidates that not only foster that entrepreneurial spirit and go-getter mentality but those that would fit in seamlessly with our family-like culture and care more about their community and serving others as well.

Passion is what sets us apart. Our passion to help customers achieve their biggest dreams and our understanding that we are all a part of something larger is the driving force behind our service mentality. That passion is what keeps us coming back to work, day in and day out, and always leaving wanting more.

We also believe in the power of momentum. As our COO, Paul Buege, said,

“Inlanta is a refreshed, invigorated company. We’re growing and expanding. We’re a winning organization with a sense of urgency and pride to always be better.”

So, are you driven by your entrepreneurial spirit, your passion, your call to be a part of something larger that serves others and your community? We’d love to talk with you and tell you more about what’s different here at Inlanta Mortgage.

Contact our SVP of Business Development, Chad Gomoll, directly at 262-439-4260, our RVP, Brian Jensen, at 630-927-0380 for opportunities in the Midwest, our RVP, David Williams, at 303-947-1960 for opportunities in Texas & Colorado, or, our Regional Production Manager, Kevin Laffey, at 913-645-4647 for opportunities in the KS, MO, and IA markets.

See You At The WBA Bank Executive Conference!

The Wisconsin Bankers Association Bank Executive Conference is right around the corner and we hope to see you there!

Stop by booth #50 and let us show you how to increase your mortgage originations volume and fee income while decreasing compliance worries and expense. When you partner with Inlanta Mortgage:

  1. You have access to Conventional, FHA, VA, USDA, and Jumbo Loan products
  2. Your institution originates the loan & maintains the relationship with the borrower throughout the process
  3. Inlanta Mortgage discloses, processes, underwrites, and draws closing docs
  4. Inlanta Mortgage compensates you under a fully RESPA compliant origination agreement

Let us help you originate more and worry less in 2018 with a Third Party Originations partnership. Looking for more information? Contact me today!

We look forward to meeting you!

Dave Stephan, TPO Manager

Aaron Kaczorowski, TPO Account Executive