Riding on the wave of William Raveis announcing their 21-Day Mortgage Close strategy, they have placed in the Top 100 Mortgage Companies in America for 2016. Announced this spring by Mortgage Executive magazine, William Raveis Mortgage closed 2,420 loans equating to $794,353,427 in volume.
Ryan Raveis, president of the William Raveis family of companies (real estate, mortgage and insurance) as a whole, also placed in the Top 100 Most Influential Mortgage Executives of the year, picked by the magazine. “We’ve seen much consolidation in the mortgage industry and an emphasis on compliance and higher-quality standards. Companies need to invest in technology to create not only a more efficient process, but a better consumer delivery channel,” said Raveis. “Today’s consumers expect more, and the loan officer who can differentiate his or herself with ease of process and a competitive offering will establish a stronger brand that will bring repeat business,” he finishes.
It’s been evident with William Raveis’ new mortgage strategy, the 21-Day Close, that will definitely bring repeat business. As previously announced in the Raveis blog, home-buyers wanting to close quickly on hot listings in a tight market will no longer have to wait 45 days long, as is the industry standard for mortgage closings. This spring, the family-owned company announced plans to reduce approval for mortgages to 21 days, giving home-buyers and sellers, as well as the company’s 4,000 real estate agents, a significant competitive advantage in a highly competitive market.
William Raveis mortgage executive, Christine Preston, has already found success with the new strategy. “The Kapitan’s had sold their house quickly and moved in with relatives. They wanted to close quickly when the found the right house. Their agent Chuck Ciambriello found them the perfect house. Everyone was very excited since the seller of that home had partially moved out and was looking for a quick sale,” said Preston. “In comes Christine to save the day! William Raveis Mortgage now offers a 21 day close! Everyone was so happy that we could actually get them into their new home quickly without the usual 45 or 60 day processing time. The Kapitan’s closed on Monday and the excitement of the day shows in our photo (below). A total success and very, very happy clients,” she added.
A full-service mortgage banker offering most types of mortgage products, William Raveis Mortgage is licensed to originate loans in Connecticut, Florida, Massachusetts, New Hampshire, New York, New Jersey and Rhode Island.
Ryan Raveis and his brother, Chris, are co-presidents of William Raveis Real Estate, Mortgage and Insurance, the company founded in 1972 by their father, William M. Raveis, Jr., who serves as chairman and CEO. It is the largest family-owned real estate company in the Northeast, and one of the largest in the nation.
For more information, visit www.raveis.com, or call 203.929.2199.
William Raveis Mortgage, LLC 7 Trap Falls Road, Shelton , CT 06484 NMLS 2630
William Raveis Mortgage, LLC 7 Trap Falls, Shelton, CT 06484
NMLS ID 2630 * CT Mortgage Lender ML-2630 * FL Mortgage Lender MLD1388 * MA Mortgage Broker/Lender MC2630 * NH Mortgage Banker 11083-MB * NJ Residential Mortgage Lender 2630 * NY Licensed Mortgage Banker-NYS Banking Department of Financial Services LMBC 106535/B500898 * RI Mortgage Lender & Broker # 20051918LL & 20051919LB * VT Lender & Mortgage Broker #6952 & #1297MB