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Network Funding L.P. is committed to helping you find the right mortgage product for your needs. We understand that every borrower is different, and we offer a variety of products to meet your individual requirements. We make the process of securing a mortgage simple and straightforward by offering you the latest in financial tools that enable you to make sound financial choices.
BRIEF HISTORY OF NETWORK FUNDING, LP
Network Funding, LP had its beginning in 1998 when two longtime colleagues, Rex Chamberlain and Gregory (Buzz) Baker, regrouped to form a Texas wholesale mortgage company. Rex and Buzz share a combined 50 years of experience in the retail/wholesale mortgage banking business.
In 2000, they set out to change their strategic focus to offer qualified mortgage originators branch opportunities by filling what they believed to be a void created in the mortgage industry. Together, they recognized that during the migration of the industry from retail to wholesale/broker origination production channels, a gap in the control of client business and scalability was created. To capitalize on this, they created a structure that combined the best of the broker industry with the traditional retail origination branch format.
These early beginnings have grown to what is now a very well received concept. By the end of 2003, the operation was originating in excess of $500 million per year in single-family mortgage loans with a staff of more than 500 mortgage professionals. Network is now licensed in 47 states and the District of Columbia.
Since that time Network Funding has expanded its services to include Affiliated Business Arrangements (ABA’s) and “Private Label Mortgage Services” for builders, community banks and credit unions. As is the case with the branch system, these business partnerships have a unique aspect of their own that should continue to attract some of the premier builders in the home building industry.
In 2004, Rex and Buzz made the determination to focus more of their energies on continued growth opportunities. To assist them in this endeavor, they brought on board two top-level mortgage banking executives to orchestrate the ongoing operations of the company. This change in focus has produced excellent results as the operations and the growth in production and production channels is now increasing at a very rewarding pace.
The partners believe the reason for the success of the company is based on the level of service that is accorded their branch network. They holdfast to the belief of service first and have “stayed the course” in maintaining manageable growth. Where opportunities have presented themselves, they have been analytical in their approach to insure one principle: “Service levels will not be compromised in the face of growth”. It is on this foundation that continued growth and success will occur.
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COMPANY BIOS
Greg “Buzz” Baker, President
Buzz Baker has served as President since he co-founded Network Funding in 1998. With more than 20 years experience in the Mortgage industry, Baker has expanded Network Funding into one of the fastest growing mortgage companies in the nation, employing over 500 originators in 38 states with licenses to do business in 47 states. Previously, Baker served as a loan officer and then a producing manager for North American Mortgage Company. He has also served as the production manager and wholesale manager for Irwin Mortgage Corporation. Baker holds a degree in Finance from Stephen F. Austin State University in Nacogdoches, Texas.
Rex Chamberlain, CEO
Rex Chamberlain has served as chief executive officer since co-founding Network Funding with Buzz Baker in 1998. Previously, Chamberlain served as a loan officer and then a district manager for North American Mortgage Company. He has also served as the regional manager for Irwin Mortgage Corporation. Chamberlain holds a degree in Business Administration from the University of Houston.
J. Thomas Orr, COO
Tommy Orr has served as the head of branch development and support for Network Funding since joining the company in 2004. Prior to Network Funding, Orr served as senior vice president for Harbor Financial Mortgage Corp., America’s Lending Center, Inc., and FundAmerica Mortgage LLP. From 2001 until 2004 he owned his own mortgage company, Texas United Mortgage. He is the past director of the Texas Mortgage Bankers Association past president of the Houston Mortgage Bankers Association. Orr holds a degree in Business Administration from the University of Houston.
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