HOUSTON, May 19, 2016 /PRNewswire/ -- Continuing the momentous growth, Envoy Mortgage has announced enhancements to the 2015 CHARITY AWARD$ CHALLENGE, a charitable program created within the Correspondent Lending Division. Qualified mortgage lenders will now have a shot at being recognized as a Bronze, Silver, Gold or Platinum level winner by selling mortgage loans to Envoy's Correspondent Lending Division (CLD). Lending Partners who qualify will be able to award their Charity* of choice with a donation on their behalf of up to $30,000! For more information regarding the challenge and the enhanced qualifying tiers, click here.
THE 2015 RESULTS ARE IN: By partnering with Envoy, many of our qualified mortgage lenders gave back to their communities in a special way. Through the Charity Award$ Challenge, our winning lenders and Envoy donated $137,500 to 14 different lenders/partners to 24 qualified charities from throughout the country over the past few weeks. The donations will help fund several cancer research programs, food banks and scholarships programs – along with other charities that have a direct/personal connection to the mortgage lender.
"The idea behind the 'Charity Award$ Challenge' was to recognize the escalating costs to originate loans for today's mortgage lender", says Todd Potter, CMB - SVP Sales at Envoy Correspondent. "Owners and executives alike must make challenging decisions within their budgets. Reducing or eliminating their contributions to the communities that they live and serve are sometimes the first to go. In recognizing this dilemma, being a good business partner involves investing in each other, every day."
*Based on funded production in a calendar year. Envoy Mortgage will donate on behalf of the qualified lender to a qualifying 501(c)(3). Structured commitments excluded. Must be in good standing at time of disbursement.
About Envoy Mortgage
Envoy Mortgage is a full-service mortgage banking firm founded in 1997 and headquartered in Houston, Texas. Envoy operates a network of more than 60 retail branch locations across the U.S. and currently originates and services in 48 states. The branches offer a full menu of loan products with the knowledge, expertise and technology necessary to enable all aspects of the mortgage process. Envoy's technology allows the company to maintain a completely paperless, in-house origination process, reducing costs and improving efficiencies. For more information visit: www.envoycld.com
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SOURCE Envoy Mortgage