FOR IMMEDIATE RELEASE
CERRITOS, Calif. --- Sun West Mortgage Company, Inc. NMLS ID 3277 (Sun West) was selected as a 2014 Million Dollar Lender by the United States Department of Agriculture (USDA) Rural Development for being one of the top private lenders offering USDA Rural Development's Guaranteed Rural Housing (GRH) program.
The award is given each year to lenders who have made significant contributions to supporting rural community development in Wisconsin by helping families establish homeownership through the GRH program. For fiscal year 2014, the USDA has recognized Sun West for its performance in utilizing the GRH program to help finance home purchases for moderate income families in Wisconsin.
By partnering with USDA Rural Development, Sun West is able to make homeownership more accessible to more Americans. The GRH program helps rural homebuyers by offering a zero down payment, 30-year fixed rate mortgage for up to 100 percent of a home's appraised value. USDA loans are financed through participating lenders and are guaranteed and backed by the USDA. Homebuyers also have the option of financing eligible home repairs and improvements as well as certain closing costs with the loan.
In last year alone, USDA Rural Development has helped nearly 9,000 families and businesses in over 100 communities, investing more than $571 million into rural Wisconsin through its various programs in affordable loans, loan guarantees, and grants.
For the second straight year, Sun West has received lender recognition from the USDA. "We are honored because the award firmly validates our hard work. Sun West is committed to helping diverse families finance their home purchases in more places, and the USDA loan program continues to be an integral part of our mission in making the dream of homeownership a reality for more hard-working Americans," said Chief Executive Officer of Sun West Pavan Agarwal.
For additional information and updates about Sun West Mortgage Company, Inc., please visit https://www.swmc.com
For additional information on programs offered by USDA Rural Development, please visit
About Sun West Mortgage Company, Inc. (NMLS ID 3277)
Sun West Mortgage Company, Inc. is licensed nationwide and is a full service, mortgage banker established in 1980. The company's excellent service and fast turn-time has made Sun West a multi-billion dollar national originator. As a result, Sun West is a leader in offering a diverse set of products with low rates and excellent pricing. Sun West is a HUD-approved mortgagee (FHA & HECM), VA LAPP approved, USDA lender, Fannie Mae and Freddie Mac Seller Servicer and Ginnie Mae Issuer. Sun West is a national leader in HMBS, residential, and commercial securitization.
Visit http://www.swmc.com/swmc/disclaimer.php for the full list of license information or refer to http://www.nmlsconsumeraccess.org to see where Sun West Mortgage Company, Inc. (NMLS ID 3277) is a licensed lender and servicer. In all jurisdictions, the principal (main) licensed location of Sun West Mortgage Company, Inc. is 18000 Studebaker Road, Suite 200 in Cerritos, CA 90703, Phone: (800) 453-7884.
Sun West Mortgage Company, Inc.
18000 Studebaker Road, Suite 200
Cerritos, CA 90703
Phone: (800) 453-7884