My previous mortgage lender sold my loan to another lender. Does Nationwide Advantage Mortgage sell loans?
Nationwide Advantage Mortgage doesn’t sell servicing (the right to receive mortgage payments and maintain the customer relationship with the borrower) as a business practice, nor do we plan to sell servicing at any time in the foreseeable future. In very rare circumstances, we have sold an individual loan or released servicing to assist another mortgage company or an investor. However, our goal is to actively originate and purchase loans and to retain the servicing so that we can build a quality portfolio and establish long lasting relationships with our customers.
