GBC Warehouse
Committed to the mortgage industry. Committed to you.
If you are looking for exceptional customer service and a warehouse provider that is committed to one main line of business, choose GBC Funding. As an FDIC-insured, state chartered bank, we provide quality service nationwide while offering flexibility in keeping up with your local, ever-changing market. Whether you need an additional warehouse facility, replacement warehouse facility or new warehouse facility while transitioning from broker to banker — we can help!
Why should you partner with GBC Funding?
GBC has been providing warehouse services as our main line of business for decades. That means no affiliate conduit or investor. Our mortgage warehouse program is not only competitive, it also allows the bank enough risk management to remain in the market — bringing our customers stability and peace of mind.
We Go the Extra Mile for You
- With GBC Funding, you always get:
- Flexible net worth requirements Up to 100% Advance Rates
- No non-usage fees
- On-site training
- Negotiable terms
- Exceptional Customer Service
We pride ourselves in providing exceptional customer service — you'll never get an automated phone system on the other end.
State-Of-The-Art Technology
Our advanced technology provides electronic file submission and live, real time reporting at your fingertips.
Here are some example reports, in PDF:
Our Promise
It is our goal to ensure a superb customer relationship by offering and working with good character, integrity and honesty — qualities we strongly uphold.
Ready to get started?
Contact us today — we would be happy to answer any question!
Your Voice Matters!
Tell us how we are doing using this link to a brief survey.
Warehouse Sales & Management Team
Monroe Thrower
Director of Mortgage Warehouse
Gabi Mattison
Business Development Manager
Jim Platford
Business Development Manager
Laura Troy
Vice President/ Funding Operations Manager
Rhonda Williams
Client Relationship Specialist
Whit Brame
Business Development Manager
OUR PROGRAMS
Everything you need.
Mortgage Bankers |
Emerging Bankers |
|---|---|
Our Mortgage Banker Program includes:
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Our Emerging Banker Program features:
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What's involved in becoming an Emerging Banker
Here are some general steps that will put you on the right path:
- Obtain necessary Lender License(s)
- Obtain E&O and Fidelity Bond Coverages
- Sign up with MERS (Lite Membership)
- Decide on a fulfillment strategy
- Set up Mortgage Insurance relationship(s)
- Set up Investor Relationships
- Prepare Financial Statements
- Determine QC, Compliance, and Regulatory Responsibilities
- Establish compliance processes for ordering appraisals
- Apply with GBC Funding!
Get the answers here.
Q HOW LONG DOES THE APPROVAL PROCESS TAKE?
With a thorough, completed application, we can work very quickly in issuing an approval. The background check usually takes a week to turn-around and if there are no issues, we can issue an approval shortly thereafter. If there are questions or documentation is missing, the process should take no longer than 4 weeks, unless we do not receive timely responses from the applicant.
Also, please note that during the application process, it may be best to simultaneously apply for a correspondent approval with your end investors to expedite that process. For existing correspondents, we will just ask for documentation of your investor approvals.
Q HOW DOES A WAREHOUSE BENEFIT ME?
A few benefits include:
Increase control of your lending process which enables you to deliver on your customer experience expectations.
Potential for better pricing selling loans as a correspondent.
Possible volume incentives
Operational efficiencies
Compliance efficiencies
Your #1 Goal is your customer's experience. A warehouse allows you to set and deliver upon expectations that you put in place. Never have to be at the mercy of a large wholesaler again!
Q WHAT SORT OF SUPPORT STAFF DO I NEED TO MANAGE A WAREHOUSE EFFICIENTLY?
There are many options for managing your in house. One is to dedicate an internal staff and another is to contract with a third party fulfillment company. Please consult one of our team members about options and the best plan for your company.
Q WHAT STEPS DO I NEED TO FOLLOW IN ORDER TO BECOME AN EMERGING BANKER WITH GBC FUNDING?
For more information, please refer to our Emerging Bankers section or just give us a call at 770.690.9100.
Q DO YOU HAVE ANY NET WORTH REQUIREMENTS?
We weigh our approval more heavily on the credibility and reputation of the customer and their ability to effectively use a warehouse facility. For our Mortgage Banker program, the net worth requirement is $500,000. Our Emerging Banker program offers the flexibility small emerging bankers need to grow their business.
Q WHAT ARE THE COSTS IF LOANS DON'T GO THROUGH OR RESCIND?
As long as funds are returned within 24 hours of funding, there are no fees or interest charges assessed.
Q WHAT STRENGTHS DOES GBC FUNDING HAVE TO OFFER?
GBC Funding's staff includes experienced professionals, a great sales team and a dedicated support staff, ensuring a seamless loan funding process.
Program Highlights:
Flexible Pricing
Accepting both delegated and investor underwriting approvals
We fund up to 100% of the loan - no haircut
There are no non-usage fees
On-site training
Experienced staff including a dedicated customer relationship team
GBC is a warehouse bank not affiliated with any investor or correspondent program
We are committed to total customer satisfaction - there are no automated phone systems but real person contact with every phone call
Our advanced technology enhances wire and document tracking by offering an automated program, free of charge, which allows you to follow-up on your loan within seconds!
It is our goal to ensure a superb customer relationship by offering and working with good character, integrity and honesty - qualities we strongly uphold.
Still have questions?
Our team of experienced mortgage professionals are ready to help!
