Intracoastal Realty and Wells Fargo Home Mortgage of Wilmington have formed an exclusive marketing alliance for lending.
Although the real estate firm’s buyers and agents will still be able to work with any mortgage lender they choose, Wells Fargo Home Mortgage will have a team of six loan officers dedicated solely to working with Intracoastal Realty.
Martin Barbee, retail sales manager for Wells Fargo Home Mortgage will oversee the loan officers, who will be assigned to each of Intracoastal Realty’s offices.
“It’s really important these days, because financing is more complicated now and constantly changing,” said Jim Wallace, Intracoastal Realty president.
Wells Fargo Home Mortgage will have dedicated office space at Intracoastal Realty and two of the loan officers will be housed there permanently. Barbee will attend Intracoastal’s weekly sales meetings.
“Having a lender in our sales meetings will give us a leading edge on what’s happening in the lending market,” Wallace said.
The real estate firm had a similar agreement for two years with Barbee when he worked at Bank of America’s home mortgage division. When Barbee moved from Bank of America to Wells Fargo in July, the alliance moved with him.
The six loan officers on Intracoastal Realty’s Wells Fargo team are Armistead Boyd, Chad Harris, Bonnie Melville, Damon Surratt, JD Terry and Blair Young.
Beverage Manufacturer To Occupy Former Tru Colors Facility In Wilmington
Audrey Elsberry
-
May 6, 2024
|
|
Wilmington Leaders To Consider Skyline Center Lease, Debt Payment
Emma Dill
-
May 6, 2024
|
After Stevie Burke lost a friend to an overdose, he committed himself to finishing what that friend had started – a platform for people stru...
As Southeastern North Carolina’s only commercial mead maker, Retro Meadery has given many local customers their first taste of mead – a ferm...
As part of the Coastal Entrepreneur Awards program, area chambers of commerce share their top business and organization picks....
The 2024 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.