ABA

An Affiliated Business Arrangement (ABA) with National City Mortgage will bring profit to your company from a source not previous available to you. It takes minimal time on your part, thus allowing you to concentrate on your core business. You will be able to manage your pipeline of buyers more effectively and efficiently because they will be with one lender - "our" ABA.

Partnership

			1 : the state of being a partner
			2 : a legal relation existing between two or more persons contractually associated as joint principals in a business

You have a source of loans. National City Mortgage has a vast mortgage company. We, as partners, invest money to form a new company (the ABA or CBA). National City Mortgage takes care of all the organizational aspects of the new company including all necessary approvals. We also take care of all day-to-day management issues so you do not have to be involved.
The new mortgage company (ABA) would operate as a mortgage banker closing VA, FHA and conventional loans.
The ABA receives all origination income, overage income, fee income and a fee allocated for the servicing rights of the loans.