E-LOAN, Inc. is an online provider of loans directly to consumers, offering borrowers a variety of purchase and refinance mortgage loans (mortgage loans), home equity loans and home equity lines of credit (home equity loans) and auto loans. The Company originates loans through its Website, www.eloan.com, and by telephone. As a direct-to-consumer lender – more... E-LOAN originates, underwrites and funds a variety of mortgage and home equity loan products. Originations are funded through the Company's warehouse lines of credit. E-LOAN's loan originations are predominantly prime credit quality loans secured by single-family residences. All loans are underwritten pursuant to either general or investor-specific standards established to satisfy the criteria of the ultimate purchasers of the loans. The Company engages in hedging activities to minimize interest rate risk during the time between rate-lock with customer and sale of the loan.
(Source: 10-K) – less – More from ZoomInfo »
Working at E-Loan
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