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Network Funding, LP had its beginning in 1998 when two longtime colleagues, Rex Chamberlain and Gregory (Buzz) Baker, regrouped to form a Texas wholesale mortgage company. Rex and Buzz share a combined 50 years of experience in the retail/wholesale mortgage banking business.
Together, they recognized that during the migration of the industry from retail to wholesale/broker origination production channels, a gap in the control of client business and scalability was created. To capitalize on this, they created a structure that combined the best of the broker industry with the traditional retail origination branch format.
These early beginnings have grown to what is now a very well received concept. By the end of 2003, the operation was originating in excess of $500 million per year in single-family mortgage loans with a staff of more than 500 mortgage professionals.
Since that time Network Funding has expanded its services to include Affiliated Business Arrangements (ABA’s) and “Private Label Mortgage Services” for builders, community banks and credit unions. As is the case with the branch system, these business partnerships have a unique aspect of their own that should continue to attract some of the premier builders in the home building industry.
In 2004, Network Funding determined to focus more of our energies on continued growth opportunities. To assist them in this endeavor, they brought on board two top-level mortgage banking executives to orchestrate the ongoing operations of the company. This change in focus has produced excellent results as the operations and the growth in production and production channels is now increasing at a very rewarding pace.
In Birmingham, we believe the reason for the success of the company is based on the level of service that is accorded our branch network. We holdfast to the belief of service first and have “stayed the course” in maintaining manageable growth. Where opportunities have presented themselves, we have been analytical in our approach to insure one principle: “Service levels will not be compromised in the face of growth”. It is on this foundation that continued growth and success will occur.
Address & Driving Directions:
200 Cahaba Park Cir Ste 116, Birmingham, AL 35242
Voice:
(205) 995-RATE (7283)
Fax:
(205) 995-7285
Email:
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