WHY JOIN BANK OF
ENGLAND MORTGAGE?
Joining Bank of England Mortgage means becoming part of a
legacy with over a century of excellence and in the mortgage industry. Here, you will benefit from our commitment to personalized, reliable service, and our forward-thinking approach that leverages the latest technology to enhance the customer experience.Withaccess to a diverse range of modern mortgage products, a supportiveand collaborative work environment, and a vast network of over 1,000professionals across 28 states, you will have the toolsand resources you need toexcel in your career. At Bank ofEngland Mortgage, we value strong leadership,community focus,and continuous growth-offering you the perfect platform tothriveand make a meaningful impact.
family owned since 1898
Bank of England Mortgage is a division of Bank of England, a locally owned community bank located in England, Arkansas. We provide our clients with the expertise and services that are traditionally offered by the largest financial services institutions in the country - with the integrity of a local community bank.
Perks and Benefits
The Flexibility You Need
Many branch network companies are merely large brokerage operations that do not fund their own loans. Most others that do fund loans are subject to the restrictions placed on them by their warehouse lender. Bank of England Mortgage is part of Bank of England located in England, Arkansas, with its corporate headquarters in Little Rock, Arkansas. As such, we fund our loans through deposits and/or borrowings from the federal reserve system. Our managers enjoy the clout of affiliation with an FDIC insured Bank, and the ability to operate as a mortgage banker or a broker.
Multi-state lending with no state license fees
Dedicated Marketing Support
Dedicated Marketing Support
Mortgage Lender
Status
IT and software
support
FHA (DE), VA, USDA & conventional in-house underwriting
Accounting and Payroll Support
Full Benefits including Medical and Dental Insurance and 401 K
Unlimited Income Potential
If you are considering a branch network affiliation, you owe it to yourself to consider Bank of England Mortgage.
ELEVATE YOUR SKILLS, CLOSE DEALS, AND THRIVE IN THE COMPETITIVE MARKET
Marketing
Supercharge your success with essential tools
- Bank of England Mortgage FastApp
- Prophit
- The Keys
- Marketing Support
- Company Store
- Website Design & Support
Information Technology
Modern Technology. Our goal is to optimize your workflow with integration and superior support.
- Virtual Desktops
- Help Desk
- Email Support
- Encompass LOS system
- Equipment Maintenance
- Software Updates
Our goal is to exceed expectations just like we've been doing since 1898
Human Resources
We provide top-notch service for all your HR needs. Coordinating with you for a successful onboarding experience.
- Semi-Monthly payroll
- Direct deposit for all employees
- Benefits for full time employees including medical, dental, vision, 401k, FSA and life insurance
- Recruiting and hiring support
- Application processing and background checking
- Technology setups for each employee hired
- Employee dispute resolution
- Employee compliance assistance
Underwriting
Because we know the community, we are able to provide a well-rounded review of a loan application. We do not just rubber stamp the decisions that an impersonal automated underwriting system produces, and that many lenders use as the sole criteria for a lending decision. The result is that Bank of England Mortgage collects and analyzes more information on the borrower and can make a better decision – saving time and money.
- Common Sense Review
- DU and LP
- FNMA, Freddie Mac, GNMA seller/servicer
- UW at branch level
Compensation for branch managers and their team
Focus on growing your business
Our affiliate managers are able to take the profits generated by their branch.
Producing managers are able to make commissions on their personal production and overrides on their sales team.
For loans closed in house, your branch is credited for all loan fees collected, and premium pricing from the lock in, at the time the loan is funded through the closing agent.
A profit and loss statement is prepared for each branch and distributed near the beginning of each month – reflecting activity for the previous month. The profit is available for distribution, through payroll, to the branch manager.
The per loan fees are spelled out in the management agreement. These include an administration fee, an underwriting fee, and a monthly accounting fee.
What
we offer
In the ever-intensifying competition for loans, we're stepping up by consistently expanding our extensive array of loan products. Enabling more homebuyers translates to increased production opportunities, giving you more avenues for success.