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Wholesale Lending
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Sovereign Wholesale Lending has an aggressive mix of portfolio, agency, and alternative “A” products to help you choose the right financing options for your customer.
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Sovereign Bancorp, Inc., (“Sovereign”) (NYSE: SOV), is the parent company of Sovereign Bank, a financial institution with principal markets in the Northeastern United States. Sovereign Bank has 750 community banking offices, over 2,300 ATMs and approximately 12,000 team members. Sovereign offers a broad array of financial services and products including retail banking, business and corporate banking, cash management, capital markets, wealth management and insurance.
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Sovereign's Mortgage Banking Wholesale Lending Division is headquartered in Villanova, Pennsylvania, approximately 20 miles northwest of Philadelphia. Loans are originated through both broker and correspondent channels.
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Sovereign Wholesale practices a zero tolerance policy relative to loan fraud and misrepresentation. We perform both pre-funding and post-funding transaction reviews and data integrity re-verifications to insure loan quality.
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