Pacific Northwest Bancorp, Seattle, has announced that it will introduce a new Web-based mortgage loan program in March in partnership with MortgageBot LLC.Under the new program, customers of Pacific Northwest Bank will apply online by clicking the Mortgage Express link on the bank's website. PNWB Financial Center employees in Washington and Oregon, together with MortgageBot loan advisers, will be available to assist customers in completing online applications while in the bank. Patrick M. Fahey, president and chief executive officer of PNWB, said the program will offer a wide range of mortgage loans with "competitive rates, fees, and terms" as well as "responsive customer service." The bank can be found on the Web at http://www.pnwbank.com.
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The partnership was designed to support the growth of Redwood's Sequoia platform and give Castlelake purchasing power for fully documented loans.
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