BNET Industries

Quality Mortgage

is in the Financial Services Industry

Last Fiscal Year Sales:$750.0M

Private
US

Dow Jones Description

You found your dream home and now you need the mortgage money, and of course you want the best rates possible. According to Spencer McMullen, owner and Mortgage Consultant of Quality Mortgage's new offices at 33 West Micheltorena St., "Our clients appreciate our very fast, high tech approach, that saves time and money to get them the best mortgage rates." McMullen's approach to his business is efficiency, tied to constant research, with an emphasis on the comfort level of the client offering them creative packages based on a full range of lending options. Loan approvals can be obtained via their automated underwriting systems within a matter of minutes. These approvals differ from regular loan approvals as they are not only faster but they tend to require less documentation. Many times all that is required is a pay stub and one month's bank statement for documentation of income and assets. Many loans under 90% loan to value do not need a full appraisal done on the property...

President

Spencer McMullen

Number of Employees 14

Contact Information

1900 State St Ste J

Santa Barbara, California 93101

www.qualitymort...

1 805 564 8244

Peer Companies

NAICS Code Real Estate Credit: 522292

Executive Profiles

Decision Makers

Name (plus bio)	Position
Spencer McMullen	President
Cheria Shea	Accounting, Escrow Officer
John Lovric	Appraiser

Organization	Position	Status
Quality Mortgage	President	Current
Quality Mortgage	Mortgage Consultant	Current

Organization	Position	Status
Quality Mortgage	Accounting, Escrow Officer	Current

John Lovric brings a wealth of appraisal knowledge along with an entertaining wit to his presentation of "Dissection of a Residential Appraisal". As Assistant Chief Appraiser at Option One Mortgage Corporation, John is responsible for management of Collateral Risk Managers throughout the United States and manages the front-end process of appraisal review for Retail, Wholesale and National Accounts for OOMC. In the appraisal field since 1987, John's extensive industry knowledge was earned while working at Guardian Savings in Huntington Beach, California as a national review appraiser and at Quality Mortgage Corporation in Irvine, California as a national review manager.