Social Lending Platform originated over $85 million in 2013
BOSTON, MA — (Marketwire — January 6, 2014) — Less than six months after reaching the $100 million milestone, National Family Mortgage (https://www.nationalfamilymortgage.com), America’s leading online service for peer-to-peer mortgage loans, today announced that it has originated over $150 million in total loan volume. National Family Mortgage is on pace to facilitate an additional $150 million in person-to-person mortgage loans in 2014 alone.
“It is rewarding to see how many families we have been able to help realize their dreams, from buying their first home, to refinancing an existing bank mortgage, to financing home improvement projects.” said National Family Mortgage CEO, Timothy Burke. “It is equally gratifying to see our lenders earn solid returns while helping loved ones. As we gain momentum in 2014, we look forward to introducing more innovative, high-value products that build family wealth.”
National Family Mortgage’s safe and easy to use online documentation platform with automated payment processing allows consumers to invest in their own family members, structuring win-win transactions that are personally and financially rewarding for both parties. Lenders earn better returns than from traditional banking products, while borrowers save tens of thousands of dollars in interest payments and loan origination fees.
2013 also brought National Family Mortgage several of the most prestigious industry awards in the US, including: 2 American Business Awards, 3 WebAwards, 3 Communicator Awards, 4 Davey Awards, 2 W3 Awards, 2 Interactive Media Awards, 1 MarCom Award, and 1 Telly Award.
“We are honored to be recognized by so many standard-setting organizations,” continued Burke. “I’m incredibly proud of our team. We feel that these special awards validate the success of our business model, our commitment to saving consumers money, and our goal of changing the financial services industry for the better.”
About National Family Mortgage
National Family Mortgage is an online peer-to-peer lending company committed to offering consumers alternatives to traditional and costlier forms of home financing. National Family Mortgage has developed a safe and easy way for families to structure real estate loans with their relatives – thereby helping people arrange affordable loans, while reducing tax issues, protecting relationships, and keeping money in the family. National Family Mortgage has originated over $150 million in loan volume since inception, while keeping over $66 million in interest within families.
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