• If you are a member of Federal Home Loan Bank, Gooi has options for you to consider.  Having a mortgage solution is an important component of serving your customer and your community.  For the financial institution seeking a solution with lower risk, The State Bank of Faribault offers a compelling platform that allows you to maintain the relationship with your borrower, take advantage of competitive mortgage products with a servicing released option.   This service is designed for the bank or credit union that would like to offer a mortgage solution by taking the application, maintaining the borrower relationship but lacks the staff or expertise for processing, underwriting, closing and post closing.   Gooi works behind the scenes with TSBF to provide all services to support secondary market delivery to FHLB.    Correspondent and Wholesale options are available, both offer a non-solicitation of the borrower, and all loans are serviced by TSBF.

 

  • For financial institutions that prefer to retain servicing, Gooi has created the FHLB Client Platform.  Gooi has created a work space just for FHLB members in utilizing Encompass for loan origination system.   Gooi hosts the seats in the LOS and provides a package of services that allows the PFI to originate the loan, manage the borrower relationship and control the servicing of the loan.   The package of services offered by Gooi is a complete bundle for processing, underwriting, closing and post closing with one simple workflow and price.  Work can be scaled to as few as 3-5 loans per month and can grow to accommodate a lender of any size.

 

  • Gooi’s comprehensive contract underwriting services provides a resource to better manage costs, efficiencies and risk.  Used as a stand-alone service to complement your current staff,  work can be scaled to any size PFI and offers consultative support for collateral underwriting and income analysis.   To help our clients stay competitive in a tight purchase market, we have launched a new preapproval service designed to give our clients’ buyers every advantage in their efforts to purchase a home.