First Equity Mortgage Bankers

First Equity Mortgage Bankers

  • Two Datran Center 9130 S Dadeland Blvd Ste 1901
  • Miami, Florida
  • 33156-7858

Description

First Equity Mortgage Bankers, Inc. , better known by its acronym, FEMBi Mortgage, began its mortgage-financing career under the name of No Equity Mortgage Company in September 1997. The company was originally founded to market and originate high loan to value residential second mortgages. With the down sizing of the over-equity loan market in 1998, and the company's expansion into the origination of government and conventional first mortgage loans, the company name evolved to its current name; FEMBi Mortgage.

A congressionally chartered, shareholder-owned company that is the nation's largest supplier of home mortgage funds.

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