Net Branch Disclaimer
There are many licensed mortgage brokerages and lenders that do not conform to the guidelines set forth by HUD regarding 'Branch Arrangements' (HUD Mortgagee Letter 00-15). Many of the companies that do operate outside of HUD 'Branch Arrangement' Guidelines refer to their programs as 'Net Branches'. Due to this it is important that we take this moment to clarify and distinguish the programs offered by American Nationwide Mortgage Company from the programs of other companies that are often marketed as 'Net Branches'. Part of clarifying this is notifying you that while we may on occasion market our programs as 'Net Branch Programs' our programs contractually are HUD-Compliant 'Affiliate Branch' Programs.
To read the guidelines we adhere to as required by HUD click here: HUD Mortgage Letter 00-15