Jeff Giebelhausen, president of Strategic Networks, said, "The combination of mortgage.com and Strategic Networks will become a significant force in offering point-of-sale Internet loan-origination technology throughout Illinois and other Midwestern markets."
Accessing the Financial Planning Market mortgage.com
will also have direct access to a new breed of loan originator with its acquisition of the assets of PlanMax Financial, a company that creates individual Web pages for financial planners, insurance agents and certified public accounts while allowing them to originate a mortgage on line.With mortgage.com
, these PlanMax customers will now have access to over 40 financial calculators, financial planning tools, same-day loan approvals and a unique proprietary mortgage planning software.
These acquisitions follow on the heels of a major announcement made by mortgage.com
, Prudential Real Estate Affiliates, Inc.
and Chase Manhattan Mortgage Corp.
to offer Internet point-of-sale technology to the Prudential affiliate offices nationwide.mortgage.com
has over 700 employees in six offices nationwide and has been responsible for over $3 billion in loans annually.