Over the past five years, Site Manageware has solidified its lead as an internet-based,
secure, integrated software and services platform.
SITE has partnered with Flagstar Bank to provide the best mortgage products available directly to your clients with a
minimum of effort.
Flagstar Bancorp is one of the leading mortgage lenders in the country and a national leader in the
wholesale mortgage business. Chartered in 1987 as First Security Savings Bank, Flagstar originates mortgages across the
United States, serving customers through home loan offices and correspondent relationships.
Despite its phenomenal growth, Flagstar has never lost touch with its origins as a community bank and never wavered from
its pledge to provide convenience and value to its customers. From its earliest days, Flagstar has taken the lead in
developing innovative technologies that simplify processes for its customers. Flagstar is listed on the New York Stock
Exchange, trading under the symbol FBC.
Site’s hallmark is providing connectivity and streamlining communication between all project partners and staff. Given
the challenges and changes within today’s real estate and mortgage markets, we believe it greatly benefits our clients
to simplify and streamline the lending process to help insure buyers are prepared for closing, and last minute surprises
eliminated. SITE has developed a collection of tools to tightly integrate the purchasing process with the
mortgage/lending process effectively creating “hassle free button” to acquire a mortgage for the unit being
purchased.
Redundant data entry is eliminated when most of the information necessary to qualify a buyer for a loan on a specific
unit of inventory can be quickly and easily transferred from data already contained within the application to SITE’s
Flagstar Branch with a single click. A short questionnaire completes the mortgage information collection process. Our
mortgage agent will consult with the buyer within a 24 hour window to collect any outstanding information and to provide
feedback on the loans the buyer qualifies for and aid in the selection process.
SITE’s clients, both Developers and Brokers, benefit from the direct transfer of information, the consistency of processes
and the reduction in issues during the closing process. Closing units in a timely and efficient manner adds
significantly to the developer’s bottom line. With the radical changes in the sub-prime lending market much of the
confusion, complexity, and special deals for Developer’s have gone away. In its place is a more commoditized market
where the primary benefits to all parties are a smooth, trouble-free and seamless process backed by a solid lender.
In these respects, SITE’s Flagstar Bank is unparalleled in the industry.
DEVELOPER AND BROKER BENEFITS
Increase the percentage of units successfully CLOSED… by insuring your buyers are qualified
and prepared to close with a strong federally charted lender. Loosing the client at closing adds
costs and sets you back in the overall process.
Eliminate redundant data entry… by transferring the information you have already collected
about your buyer, and the information already housed in the SITE Manageware platform about the
unit purchased to streamline the application process.
Provide the best Mortgage opportunity to your clinets…the old way allowed the Developer to
insert themselves in the process as the control point for preferred access to buyers. Much of
the time the benefit received by the Developer was passed through to the buyer in the form of
various fees to the buyer at closing, adding to the ultimate cost to the buyer, and sometimes
resulting in delays at the closing table.
Close units quickly… Flagstar offers the premier technical platform for loan origination,
and combined with exploiting the information you already maintain within SITE, your closings are
accomplished quickly and efficiently. Everyone gets exactly what they expected.
BUYER BENEFITS
ZERO dollar Applicaiton Fee… we believe you shouldn’t have to pay just to apply for a
mortgage. Apply today with your sales professional, and the application is free.
Close On-Time Service Guarantee… Waiting to close on your new home purchase time consuming
and stressful taking unnecessary hours out of your already busy schedule. We guarantee that if we
do not close your loan within (1) Month of the day our completed application is submitted, or your
requested closing date, whichever comes later, your first month’s mortgage payment is paid for
you.
Best Value Guarantee… we are confident we can provide you with the best mortgage product
available. If you can find a better deal anywhere and close, we'll give you $250.