Leading Fintech lender offers innovative model to give loan officers and customers competitive edge
DALLAS (Sept. 20, 2021) – Wyndham Capital Mortgage, a leading fintech mortgage lender, announced today the opening of a new office located in the Cypress Waters area in Dallas. Wyndham Capital brings to the market an innovative fintech lending model that breaks the mold of traditional mortgage lending which enables loan officers to maximize their potential and strives to give buyers a competitive edge. This latest office is the fifth for the company in the U.S., joining the home-office in Charlotte, NC; Phoenix, Ariz.; Salt Lake City, Utah, and Kansas City, Mo.-metro. The company also recently launched a retail division with Dallas as one of its key markets.
“Wyndham Capital selected Dallas for its newest location as it’s not only the third-fastest growing tech hub, but also a metropolis with a robust economy, immense population growth and booming real estate,” said Tony Muchow, director of sales for the new Dallas location. “We’ve opened our doors with 40 top-talent loan officers and plan to triple this number over the next six months with the unique value we offer to loan officers and customers alike.”
With the rise of the Fintech mortgage lender concept during the pandemic, Wyndham Capital built an entirely new model to set its loan officers up for success, enhancing the home purchasing and refinancing experience. With an investment in augmented intelligence, the company empowers its loan officers with dedicated speed teams, robots that aid human intelligence with operational excellence and an all-inclusive data-driven marketing program that aims to drive more consistent, higher-quality leads at the right time.
“As our record growth continues it is great to establish a strong hold in the heart of our country’s largest state,” said Josh Hankins, chief operating officer at Wyndham Capital. “Besides utilizing technology solutions our growth will be fueled by bringing on the best people.”
Since its founding in 2001, Wyndham Capital has delivered a value proposition based on its technological advantage by utilizing automated intelligence to close loans more than a week faster than the industry average*. WCM has no lender fees** and low APR while offering a $5,000 On Time Closing Guarantee.*** Wyndham Capital doesn’t sacrifice service for speed earning more than 8,000 5-Star Reviews and 99% recommendation on LendingTree as well as a 4.8 out of 5 rating on Google.
With the goal of faster turn times, the company works hard to provide competitive rates for their customers. This combination positions its borrowers to save time and money while allowing its loan officers to close more loans per employee than the industry average.
The company recently launched a perpetual marketing operating system designed to help loan officers build their own brand, increase leads and build relationships with real estate agents. The technology, called Wildfire, provides a unique tool for both digital and retail loan officers to grow their individual business.
“For loan officers, a huge part of their success is the relationships they can build in their local markets with both buyers and agents,” Muchow added. “With Wildfire and our best-in-class technology platform, we’ve changed the game for all loan officers with tools they crave to achieve success along with the freedom and flexibility they desire.”
With a record year in 2020, Wyndham Capital landed on the top 100 list of mortgage lenders****. In addition, the company has more than tripled its headcount in just the last two years and is on pace to eclipse last year’s 14,000-plus loans and $5.4 billion originated.
Wyndham Capital’s Dallas office provides employees an on-site fitness center, lakeside dining, walking trails, nearby parks and regular concerts and other events. For more information about how to join the team, visit https://joinwyndham.com/location/dallas.
* Wyndham Capital Mortgage, Inc. closed loans a week faster than industry standard, equating to 20 percent faster close time based on Wyndham Capital Mortgage closing data from 2019 to 2020 versus industry numbers courtesy of Ellie May Organization Insight Report data from 2019-2020.
** While Wyndham does not charge junk fees, application fees, processing fees, or underwriting fees, these fees maybe charged by a Third Party service provider in connection with your loan.
*** If we fail to close your loan on time as promised, Wyndham Capital Mortgage will guarantee up to a $5,000 credit towards your closing costs. While it is our goal to provide our On-Time Closing Guarantee, extenuating circumstances may cause delays outside this window. Exclusions may apply. Please visit www.wyndhamcapital.com/closing-guarantee for more details.
****Based on the combined volume share of Wyndham Capital Mortgage in Q1 and Q2 of 2021 compared to the Mortgage Bankers Association Mortgage Finance Forecast numbers for Q1 and Q2 of 2021 to equate percentage of market share (0.16%). Then matched up with the HDMA Market Share Dashboard from 2020.