F&M Clients Benefit From Industry-Leading Products and Expertise
ANN ARBOR, Mich., Aug. 5 /PRNewswire/ -- The Financial Institutions Group
of InterFirst Wholesale Mortgage Lending recently announced that F&M Bank is
now using its InterFirstlink product. F&M Bank will use InterFirstlink, a
private label, web-based application and loan submission platform, to produce
mortgage loans.
InterFirstlink enables F&M Bank to produce mortgage loans using ABN AMRO
Mortgage Group's products and industry-leading technology while maintaining
its brand presence with clients. InterFirstlink is leveraged by independent
community banks that do not have the resources or desire to launch full-scale
mortgage loan operations and by those seeking an outsource solution.
"The biggest benefit of using InterFirstlink is that it allows F&M clients
to benefit from AAMG's unique OneFee(SM), which guarantees the loan's interest
rate and closing costs at the time the loan's interest rate is locked," said
Michael Griffith, ABN AMRO Mortgage Group senior vice president and
InterFirstlink group manager. "InterFirstlink levels the playing field for
community banks, enabling them to effectively compete with large lenders and
local mortgage brokers. OneFee is the solution for community banks seeking to
offer their customers a simpler, more satisfying mortgage process."
"F&M Bank's use of InterFirstlink represents the marriage of innovative
products, developed by one of the nation's leading lenders, with high-touch,
personal service from a trusted community bank," said Beth Ewing, F&M Bank
vice president, mortgage division manager. "The ability to offer customers
OneFee's certainty and simplicity is a competitive advantage in F&M's local
market. By guaranteeing the mortgage loan's closing costs, OneFee eases the
confusion and tension many borrowers feel."
F&M offers services from 35 mortgage professionals at its branches
throughout the state of Wisconsin.
For more information on InterFirstlink, please call 800-770-1673 or visit
http://www.InterFirstlink.com .
About the Financial Institutions Group of InterFirst Wholesale Mortgage
Lending
The Financial Institutions Group of InterFirst Wholesale Mortgage Lending,
provides mortgage solutions to community banks through its InterFirstlink
program. InterFirstlink is a comprehensive, no-cost mortgage lending solution
that provides a simple web based loan origination system, processing,
regulatory compliance, and marketing support. InterFirstlink allows financial
institutions to reduce overhead for mortgage operations, while retaining brand
identity with customers. Information on InterFirst's Financial Institutions
Group is available at http://www.InterFirstlink.com or by calling
866-755-7500.
About InterFirst Wholesale Mortgage Lending
Headquartered in Ann Arbor, Michigan, InterFirst Wholesale Mortgage
Lending is consistently one of the nation's top wholesale and correspondent
lenders. From its inception, InterFirst has created and maintained its
position as an innovative market leader by responding to the needs of its
customers with personalized service, training, and marketing support.
InterFirst Wholesale Mortgage Lending is a division of ABN AMRO Mortgage
Group, Inc.
About ABN AMRO Mortgage Group, Inc.
ABN AMRO Mortgage Group is one of the largest loan originators and loan
servicers in the United States. ABN AMRO Mortgage Group produces mortgage
loans and provides related services through its various divisions. ABN AMRO
Mortgage Group has approximately 3,000 employees located throughout the United
States.
About ABN AMRO
ABN AMRO is a prominent international bank, its origins going back to
1824. ABN AMRO ranks 11th in Europe and 23rd in the world based on tier 1
capital, with over 3,000 branches in more than 60 countries, a staff of over
110,000 full-time equivalents, and total assets of EUR 560.4 billion (as of
December 31, 2003). ABN AMRO is listed on the Euronext, London and New York
stock exchanges.
SOURCE ABN AMRO Mortgage Group, Inc.
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Related links:
http://www.abnamro.com
http://www.InterFirstlink.com
CONTACT:
Jenn Cornell of Eiler Communications,
+1-734-761-3399 or Jenn@EilerPR.com , for ABN AMRO Mortgage
Group, Inc.
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