US Bank has specialization in wholesale banking, with an independent division dealing all its aspects at global level. The consumer finance division is however maintaining a separate section catering to the requirements of wholesale lending brokers and bankers spread across the nation. Known as Wholesale Lending Division, it also has a section that caters to the requirements of correspondents. This section is commonly referred to as the Correspondent Lending Division.

US Bank Wholesale Rates

One can apply to become a wholesale broker or banker or a correspondent and get exclusive access to cutting-edge product information, wholesale rates and other resources available on its website. Only the registered users are provided with login information to open account and avail exclusive services.

If you are mortgage broker at US Bank, you may access wholesale rates, but for that you need to provide username and password in order to complete the rate information login requirements. Apart from having a quick and easy access to US Bank wholesale rates the brokers are also provided with an array of business solutions, tools and resources. To become a wholesale broker, one needs to contact a local Account Executive.

US Bank Correspondent Lending

The process to become a correspondent at US Bank starts with your sending a completed application. The application forms must be accompanied by the required documents. These forms and other necessary guidelines are available online in a PDF package for downloading.

There are two application packages – Financial Institution Application Package and Mortgage Banker Application Package. You can download a relevant application package, complete the forms, attach the required documents along with the application and the send the same to the address given in the package. For more information, you can contact a National Account Executive or dial the phone number 800-237-8463.

US Bank Mortgage Broker

There are over 10,000 US Bank Mortgage Brokers spread across the nation. These brokers are provided with non-agency portfolio mortgage solutions and a dedicated service and support system. One can call the Underwriting help line at 866-807-6049 to get immediate solutions to underwriting queries and other questions related to a mortgage product.

For information regarding application status, pricing, registration and closing costs, a broker can approach the help desk by calling 800-200-5881 (option # 1) or 800-874-7988. The product line available at US Bank include FHLMC Fixed Rate Conforming, FHA/VA programs, Second Mortgage, Jumbo Fixed Rate, FNMA DU Refi Plus Streamline and FHLMC HASP Streamline, among many others.

For more visit US Bank Home Mortgage Wholesale website.