processIQ

LOAN PROCESSING SUPPORT HELPS YOU CLOSE MORE LOANS WITH EFFICIENCY

ProcessIQ is a service we offer to expand your loan processing capabilities, especially for those time-intensive loans such as those with low FICO scores, high debt ratios, or alternative income documentation requirements.

After submission, our committed team of experts takes the lead to process the loan directly with the borrower to process the loan as part of our underwriting. Your Loan Officer manages all the licensable activities like they do today, but we handle everything else!

PROGRAM HIGHLIGHTS

• Can be used for any loan but especially for Non-QM or other time-intensive loans
• A first-rate experience for you and your borrower
• You will be kept in the loop every step of the way
• No expensive Third-Party Processing Fees
• Only $200 added to our already low Underwriting Fee

Loan Type / State	Underwriting Fee*	Underwriting Fee with ProcessIQ*
Conforming / Government	$799	$999
Non-QM	$900	$1,100
North Carolina	$150	$150
New Jersey & Iowa	$0	$0

Note: Underwriting fees can be “bought out” and moved into pricing instead of charging directly to the borrower.

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