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Plaza News + Updates

Plaza Wholesale

Recent Posts

Quick-Compare our Jumbo Programs

Posted by Plaza Wholesale on July 8, 2021

Plaza Home Mortgage® gives you two great options for offering Jumbo loans to your borrowers. Our Jumbo 1 and Jumbo AUS programs are both excellent for your clients looking to purchase or refinance higher value homes.

Program Highlights:

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

[Wholesale] Plaza's FHA and VA FICOs Go Even Lower

Posted by Plaza Wholesale on May 19, 2021

FHA and VA FICOs Go Even Lower + More FHA, VA and Jumbo AUS News

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

Michael Fontaine named a 2021 Financial Leader by HousingWire

Posted by Plaza Wholesale on May 4, 2021

Congratulations to Michael Fontaine, Plaza’s Co-President and COO, on being named a 2021 Financial Leader by HousingWire. The recipients of this year’s award were selected based on their professional achievements within their organizations, contributions to the overall housing economy, client impact and personal success. Check out the article to see the full list of winners.

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Topics: Wholesale News, Plaza in the News, Plaza at a Glance, Mini-Correspondent News

Plaza 2021 AIME Sponsorship

Posted by Plaza Wholesale on April 23, 2021

Plaza is pleased to announce our 2021 Bronze Sponsorship of AIME! “We are very pleased to continue our sponsorship of AIME, an organization that shares our commitment to the growth of the mortgage broker community and to a vibrant wholesale industry,” said Jeff Leinan, Plaza’s EVP of National Wholesale Production.

Read the full announcement.

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Topics: Wholesale News, Mini-Correspondent News

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.

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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.

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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

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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.

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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.

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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.

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