Express Mortgage Roles Out AgentAdvantage Program

Express Mortgage has launched our AgentAdvantage programs IncomeAdvantage and FlatFeeAdvantage, hiring real estate agents as employees for loan origination on transactions they are handling for a client, or refinancing properties that have failed to sell.

"IncomeAdvantage is exactly what the real estate sales industry needs during what may be the worst market conditions in 20 years for much of the State of California, we are initiating test marketing in several rural counties starting in late October, and plan to role the programs statewide when we feel comfortable with the process we are implementing."  - Scott Johnson, CEO Express Mortgage

"FlatFeeAdvantage is being roled out at the request of our Fair Oaks office where we do business as Express Mortgage and their non-profit affiliate, The Affordable Housing Core.  FlatFeeAdvantage was originally structured to fit well in the pricing requirements for first time buyers and buyers using state or local downpayment assistance programs arranged by the Affordable Housing Core.  We liked it so much, we are rolling it for anyone that is classified as a first time buyer and meeting certain criteria, this too is something we are exporting to other states and will be re-priced as appropriate for prices in local regions.  The FlatRate Fee is designed to be about 1/3 to 1/2 the cost of a conventional mortgage and is intended to cover the initial cost of providing the loan.  For the Central Valley of California, where the average cost of a house is about $350,000; we are providing a First Mortgage @ Par for the borrower's credit profile for $2795, with no lending fees, admin fees, processing fees, etc. Third party costs such as escrow & appraisal are not included but are generally minimal and can normally be paid for by the seller.  The intent is to revive the lagging market in California by jump-starting first time buyers again.  Over the next couple of weeks, every Realtor in California will receive a series of emails documenting the program and how it can benefit their clients." - Scott Johnson, CEO Express Mortgage

Phone System Included with Franchise

Express Mortgage includes a robust voice-over-IP phone system (PBX) for use by our branch offices, and franchises with cost and implementation at our expense.

"We are completely happy with the role out of of our proprietary platform, in terms of reliability and functionality, and by providing a homogenous platform throughout the network, we bypass toll cost of calls between sites and enable direct extension dialing from any site in the enterprise. "

Express Mortgage of Fair Oaks Moves to New Location

Housing Core of Fair Oaks relocates to our new digs on E. Shaw Avenue during 2006. Main contact phone number is 916.303-1130.

Fair Oaks Headquarters

Housing Core's parent company, Express Mortgage, moves to 9700 Fair Oaks Blvd in Fair Oaks, California. 

New Contact phone numbers:   Main Number is 916-303-1130

San Luis Obispo County

The newest market expansion for Pipeline Real Estate and Pipline Capital opened August 1, 2005 in Arroyo Grande, California, San Luis Obispo County, servicing the San Luis Obispo and Santa Barbara markets. 

Branch Office Opportunities

Are you a mortgage broker interested in the banking / lending side of the business?  Contact Scott Johnson in Fair Oaks @ 916-303-1125 for information on our unique franchise and net branch opportunities.