On Q Advantages

As a Mortgage Banker, we have a big advantage over our competition. We use this advantage as one of our means to deliver preferred rates and low costs in a mortgage simplified manner.

The differences between Traditional Banks, Mortgage Brokers, and Mortgage Bankers may surprise you.

When you choose On Q, you choose a Mortgage Banker with significant competitive advantages over Traditional Banks and Mortgage Brokers.

Pricing Power:

Mortgage Bankers sell loans as an approved, funded loan, in the secondary market and therefore receive preferred lower rates when compared to Mortgage Brokers.  With lower overhead, mortgage bankers are more competitive with rates and/or costs than traditional banks.

Underwriting Capability:

With in-house underwriting, mortgage bankers are equipped with in-house underwriters who work with our mortgage consultants as a team.  By working together, we’re able to provide accurate advice from the start, and deliver at the end.  Plus, our underwriting times are dramatically reduced.

Document Capability:

Along with funding in-house, drawing documents in-house also ensures quick closings.  Our accuracy is very high due to the same employees drawing documents every time for our home loan and refinance customers.  However, if we do need to make a revision, we can do so in minutes and email new documents immediately.

Funding Capability:

Our mortgage lending capacity and support systems virtually guarantee closing on time, because we fund in-house and, therefore, have control of the funds.  Clients, title companies, realtors, and other referral sources all how benefit from our timeliness.

Unlimited Market Access:

An unlimited number of mortgage products, approval options, and loan structures are available in the mortgage lending market. However, only experienced mortgage bankers like On Q Financial can create the best home loan programs to suit a variety of borrower needs.  Mortgage Bankers and Mortgage Brokers have the greatest access to these resources and as a result, we pass these benefits on to you.