Mitigate the risk of loan defects in over 10 different areas of production.
The Certified Loan Program is a benefit available to all Plaza Correspondent lenders, at no up-front cost.
The Certified Loan Program covers you for loan defects in
- Guideline Violations
- Compliance Errors
- Miscalculation of Income
- Data Integrity
- Errors & Omissions
- Value Deviation
- Undisclosed Debt
- Helps reduce losses from repurchase demands
- Helps protect net-worth
- Minimal loan loss reserve on loans sold to Plaza
- Can increase profitability, so you sleep better at night!
At Plaza, we understand your market, your business challenges and how important it is to have an easy, efficient process you can rely on. We know what you’re up against and we offer a comprehensive support system designed to make it easier for you to be successful.
Contact your Plaza Account Executive for more details.