Contract Mortgage Processing
All packages will require upfront payment if our fees are NOT disclosed in section B of the Loan Estimate.
Processor Assist
The loan must be initially approved by the lender.-
SUBMIT ONLY UPON INITIAL LENDER APPROVAL
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Disclosures are NOT Included
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No Lender Pipeline Upload
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Condition clearing
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Conditions sent to MLO directly
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VOE, VOM, EOI, CPL, HOI, Payoff demand
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Appraisal (AMC)
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Closing coordination
MLO Plus
Conditions will be requested directly from the borrower.-
Pre-CD from closer
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3.4 Registration
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AUS and credit re-issue
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Initial disclosures
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Condition clearing
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CIC
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Conditions uploaded to lender portal
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VOE, VOM, EOI, CPL, HOI, Payoff demand
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Appraisal (AMC)
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Closing coordination
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No Resubmission Fees
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No Add on Fees - additional set of borrowers
MLO
Borrower conditions provided by MLO-
Pre-CD from closer
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3.4 Registration
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AUS and credit re-issue
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Initial disclosures
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Condition clearing
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CIC
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Conditions uploaded to lender portal
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VOE, VOM, EOI, CPL, HOI, Payoff demand
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Appraisal (AMC)
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Closing coordination
*MLO and MLO Plus Packages are available in CA and FL under NMLS ID:1516640 / CA BRE:01526843 / FL: MBR2319).
Please note that while most states do not require a license for an Investment/Business Purpose/NOO loans, there are 10 states that DO require one (Company and MLO licenses). If you have a potential borrower in one of these states, you cannot perform ANY activity that would qualify as a licensed activity for ANY loan, including Investment/Business Purpose/NOO. Below are the states where a license is required:
CA, ID, MN, OR, AZ, NV, SD, ND, UT, VT
Processor Assist Package is available in all states if paid by MLO directly for administrative assistance.
Real Estate TC
California Only
Single Side
Buyer or Seller.-
Open escrow
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Prepare all necessary disclosures
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Establish contingency deadlines
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Communicate with all parties
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Issue reminders and follow ups
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Closing coordination
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Provide electronic file for your record
Dual Side
Buyer & Seller.-
Open escrow
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Prepare all necessary disclosures
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Establish contingency deadlines
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Communicate with all parties
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Issue reminders and follow ups
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Closing coordination
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Provide electronic file for your record
FSBO
For sale by owner-
Open escrow
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Prepare all necessary disclosures
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Establish contingency deadlines
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Communicate with all parties
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Issue reminders and follow ups
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Closing coordination
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Provide electronic file for your record