Atlanta-headquartered American Bancorp Inc. and its subsidiary, American Pride Bank have launched APB Wholesale, a new Third-Party Origination (TPO) line of the bank’s mortgage division.
According to the companies, mortgage professionals can access APB Wholesale’s pricing instantly through the Lender Price Marketplace platform and tap into a growing suite of portfolio solutions designed for borrowers who don’t fit the vanilla box—from VOE-only to DSCR for first-time investors. APB Wholesale is currently onboarding mortgage brokers nationwide.
“In partnership with brokers, APB Wholesale is going to open new doors to homeownership for Americans nationwide,” said CEO Dominik Mjartan. “This represents another way we’re making sure that everyone has fair access to best-in-class products, services, and technology.”
