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FirstFunding

Move your business forward with the FirstFunding advantage. FirstFunding offers warehouse funding facilities tailored to various origination types. Access superior technology and reporting with FirstFunding’s secure browser-based system and grow your business with service levels that meet your needs and assist in the transition to correspondent lending.

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Overview
Secondary Marketing Providers (PPE, Hedging)

Introduction

 

FirstFunding provides innovative warehouse solutions, cutting-edge technology, and strategic partnerships to help companies and investors accelerate growth.

 

Core Services

  • FUELonline platform for portfolio management and reporting

  • FastPassbrowser-based wire ordering system with 24/7 access

  • FlexClose® Funding provides immediate funding in real time

 

Industries Served

  • Correspondent lenders

  • Secondary market investors

  • Non-delegated lenders

  • Wholesale/TPO


Learn More

Ready to move your business forward?

Visit our website or connect with us on LinkedIn.

Highlights

  • FUELonline platform for portfolio management and reporting
  • FastPassbrowser-based wire ordering system with 24/7 access
  • FlexClose® Funding provides immediate funding in real time
  • Warehouse funding solutions for delegated, non-delegated, and third-party originators
  • Warehouse funding facilities from $2M-$150M
  • Broker-to-banker ready
  • Lock strategies beyond flow/best efforts
  • Competitive advance rates for non-QM and closed-end second liens

Details

Vendor Category

Secondary Marketing Providers (PPE, Hedging)

Pricing Model

Per-Project Pricing

Works well with

Overview

Request Trial

Get More Information

Interested in learning how this solution can transform your mortgage business? Request more details to discover how it can streamline operations, improve efficiency, and integrate seamlessly with your existing workflow.

Fill out the form to:
Receive product details and pricing information
Request a demo or free trial
Learn about integrations and implementation

Product Comparison

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FirstFunding

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eRESI

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Eris Innovations - creators of Eris SOFR Swap futures

Overview

Move your business forward with the FirstFunding advantage. FirstFunding offers warehouse funding facilities tailored to various origination types. Access superior technology and reporting with FirstFunding’s secure browser-based system and grow your business with service levels that meet your needs and assist in the transition to correspondent lending.

Empowering mortgage lenders with consistent Non-QM liquidity, competitive pricing, and common-sense credit solutions.

The easiest way to hedge benchmark SOFR interest rates

Highlights
  • FUELonline platform for portfolio management and reporting
  • FastPassbrowser-based wire ordering system with 24/7 access
  • FlexClose® Funding provides immediate funding in real time
  • Warehouse funding solutions for delegated, non-delegated, and third-party originators
  • Warehouse funding facilities from $2M-$150M
  • Broker-to-banker ready
  • Lock strategies beyond flow/best efforts
  • Competitive advance rates for non-QM and closed-end second liens
  • Funded over $16B in residential whole loans since 2019
  • Partnered with 300+ correspondent lenders nationwide
  • Comprehensive Non-QM product suite: Full Doc, Alt Doc, DSCR, Closed-End Seconds, Agency Eligible
  • Consistent, flexible liquidity backed by institutional capital
  • Common-sense credit approach with a dedicated scenario desk and client services team
  • Industry-leading pricing and service designed to keep lenders competitive

SOFR is the benchmark interest rate underlying the valuation of all U.S. dollar denominated financial assets, from loans to mortgages and there is no easier and more efficient way for those looking to hedge these exposures than to use Eris SOFR Swap Ffutures. These innovative contracts are accessible to both large and small market participants equally, allowing universal access and fair competition. Eris SOFR Swap futures are commonly used to hedge the fair value of MSR portfolios, loan pipelines, and fixed income portoflios..

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