Arrival Home Loans Expands to 19,000 Loan Officers
In a remarkable achievement, Arrival Home Loans, a division of Pacific Private Money, Inc., has announced that its partner network has surpassed 19,000 loan officers spread across an impressive more than 70 partner organizations and over 2,100 branch locations throughout the U.S. This expansion not only marks a pivotal milestone in the company’s history but also emphasizes its growing reputation as a leading provider of residential bridge loans.
The Rise of Arrival Home Loans
Founded with the mission to assist homeowners in navigating the complexities of purchasing new homes before selling their current ones, Arrival has emerged as an essential ally in today’s fast-paced real estate arena. Their innovative approach offers a viable solution for potential buyers to make non-contingent offers, easing the stress of timing the sale of one house with the purchase of another.
Simon Chen, the CEO of Arrival Home Loans, highlighted the significance of this growth, stating, "Hitting this scale in our partner network demonstrates how quickly the industry is embracing our consumer bridge product. By empowering thousands of loan officers with Arrival's flexible, modern financing tools, we're redefining what's possible for borrowers and the lenders and real estate professionals that serve them."
Network Growth Highlights
- - 70+ Partner Companies: These firms collaborate with Arrival to offer enhanced services to their clients.
- - 19,234 Loan Officers: This combined effort allows a vast network of loan officers to provide the Consumer Bridge product, streamlining the home financing process.
- - 2,130 Branch Locations: The reach spans coast to coast, ensuring broad access to these innovative financial solutions.
- - National Coverage: Active partnerships are established with major real estate and mortgage firms across all 50 states, highlighting Arrival's national presence.
Every partner in this expansive network benefits from Arrival's proprietary bridge loan platform, designed specifically to support homeowners in financing up to 100% (or more) of their new home purchase before selling their existing property. The absence of debt-to-income (DTI) requirements, the elimination of most appraisal conditions, and rapid closing times combine to create a compelling option for clients.
Impact on Homebuyers
With real estate markets growing ever more competitive and fast-paced, having the ability to finance a new home without the need to sell the current one first is a game-changer. Homebuyers, now more than ever, face the challenges of multiple offer situations and often need to act quickly to secure their desired properties. Arrival's innovative offerings create a much-needed bridge, allowing these homeowners to make confident moves in the market.
About Arrival Home Loans
As one of the fastest-growing lenders in the residential bridge loan segment, Arrival Home Loans has nearly $1 billion in loan volume under its belt. Their ongoing emphasis on innovation within residential lending positions them as a pioneering force in the field. Backed by Pacific Private Money, Inc., Arrival operates across an ever-growing number of U.S. states, with a steadfast commitment to delivering convenience, speed, and top-notch service.
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Arrival Home Loans. The future of home buying financing is evolving, and Arrival is at the forefront of this transformation.