PHM_Blog_Hero_820

Plaza News + Updates

Plaza Wholesale

Recent Posts

REMINDER: New 92009-A Form Requirements

Posted by Plaza Wholesale on March 17, 2021

We are reminding our clients that, pursuant to HUD requirements, FHA case numbers assigned on or after March 22, 2021, will require the revised HUD 92009-A form on all Single-Family Forward Mortgages and Home Equity Conversion Mortgages (HECM). Plaza’s BREEZE LOS already supports the new 92009-A form, and can also generate and deliver the new 1003, plus typical broker disclosures, quickly and easily.

Read More

Topics: Wholesale News, Wholesale Program Updates, Mini-Correspondent News, Mini-Correspondent Program Updates

National Association of Mortgage Brokers Facebook LIVE Event with Jeff Leinan

Posted by Plaza Wholesale on March 15, 2021

Join Plaza’s Jeff Leinan, EVP National Wholesale Production, and NAMB President Kimber White for an insightful discussion about the current and future state of the #mortgage market on Facebook Live, on Tuesday, March 16, at 9AM PT / 12PM ET.

Read More

Topics: Wholesale News, Mini-Correspondent News, Plaza Training

National Mortgage Professional Webinar with Matt Coles

Posted by Plaza Wholesale on March 15, 2021

How to Help Real Estate Pros in a Post-Refi World

Read More

Topics: Wholesale News, Mini-Correspondent News, Plaza Training

Wholesale Program Update: Jumbo 1

Posted by Plaza Wholesale on February 22, 2021

The Plaza Home Mortgage® Jumbo 1 program is now even better! We’ve updated our guidelines to allow W-2 transcripts and added information on payment recast options.

Click here to view the updated program guidelines.

If you have questions on these updates, please contact your Plaza Account Executive, or email us at hereforyou@plazahomemortgage.com.

Read More

Topics: Wholesale News, Wholesale Program Updates, Mini-Correspondent News, Mini-Correspondent Program Updates

FHA Express

Posted by Plaza Wholesale on February 19, 2021

Faster Closings with FHA Express

Take advantage of the new FHA Express submission option from Plaza Home Mortgage® to accelerate closings on your qualifying core FHA loans. FHA Express is available for
W-2 and fixed income borrowers, for purchase, rate/term or cash-out refinances with Conforming or High Balance loan amounts. Qualifying loans receive expedited underwriting, are competitively priced and can often close in as little as 10 to 15 days.

And for your Fannie Mae® and Freddie Mac loans, don’t forget that we have the Agency Express option as well.

Be sure to visit our information page for more details or contact your Plaza Account Executive today.

Read More

Topics: Wholesale News, Plaza at a Glance, Mini-Correspondent News, Government Loans

Hello New Year – Goodbye AMF Fee

Posted by Plaza Wholesale on January 5, 2021

Great news! Plaza Home Mortgage® has extended our waiver of the 50bps Adverse Market Refinance Fee on all Agency Express refis to February 26, 2021. Agency Express, available to our Wholesale and Mini-Correspondent channels, gives you faster turn times on core Fannie Mae® and Freddie Mac loans. Close in as little as 10-15 days! Learn more by going to our info page or contacting your Plaza Account Executive.

Read More

Topics: Wholesale News, Wholesale Program Updates, Plaza at a Glance

New Super Low Rates on Government Programs

Posted by Plaza Wholesale on December 28, 2020

Plaza Home Mortgage® now offers rates as low as 1.75% on all government loan programs! Combined with Plaza’s superior client service and unparalleled experience with government lending, there has never been a better time to work with us.

Read More

Topics: Wholesale News, Wholesale Program Updates, Plaza at a Glance

2021 FHA Loan Limits

Posted by Plaza Wholesale on December 11, 2020

The FHA has announced an increase to new forward loan limits for 2021. The new loan limits will be effective for case numbers assigned on or after January 1, 2021. FHA forward mortgage limits for individual MSAs and counties are available here.

Plaza will align with FHA’s effective dates and accept the new loan limits for case numbers assigned on or after January 1, 2021.

Please contact your Plaza Account Executive if you have any questions about the new limits or their implementation date.

Read More

Topics: Wholesale News, Wholesale Program Updates, Plaza at a Glance

Wholesale Rate Lock Policy Update

Posted by Plaza Wholesale on December 11, 2020

Plaza Home Mortgage® is pleased to announce that we are updating our Wholesale and Mini-Correspondent rate lock policy for all transactions. Now 15, 30, 45 and 60-day locks for all transactions no longer have file status requirements.

Please contact your Plaza Account Executive if you have any questions on this update.

Read More

Topics: Wholesale News, Wholesale Program Updates, Plaza at a Glance

Warrior Foundation Freedom Station Donation

Posted by Plaza Wholesale on November 25, 2020

Plaza is turning 20 in 2020, and the official celebration will kick off soon! To help commemorate the milestone, and in honor of Veteran’s Day, we’ve donated $20,000 to Warrior Foundation Freedom Station, a San Diego-based military charity that assists ill and injured service members. See their amazing work for yourself:

A Success Story: Sgt. Povas Miknaitis, Scout Sniper, U.S. Marine Corps

Learn more or make a donation

Read More

Topics: Wholesale News, Plaza in the News, Plaza at a Glance