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Plaza News + Updates

Plaza Wholesale

Recent Posts

New Agency Express for Mortgage Brokers

Posted by Plaza Wholesale on October 23, 2020

Get on the Express Track with Best-in-Class Turn Times

Agency Express from Plaza Home Mortgage® offers brokers faster initial turn times on eligible core Fannie Mae® or Freddie Mac programs. It’s a streamlined submission option for eligible W-2 or fixed income borrowers with pricing they’ll love, plus you may be able to close in as few as 10-15 days.

Agency Express is available for purchase, rate/term and cash-out refinance on Conforming Balance and High Balance/Super Conforming loans.

Let’s get your deals on the Agency Express. Get more details on which loans qualify on our information page, or download our Snapshot to go a little deeper.

Talk to your Plaza Account Executive today and take advantage of the new Agency Express, or email us at hereforyou@plazahomemortgage.com.

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

Removal of File Status Requirements

Posted by Plaza Wholesale on October 16, 2020

Plaza is committed to helping our brokers deliver the best service possible for their borrowers. That’s why we are happy to announce that we have removed all file status requirements to lock VA IRRRL and FHA Streamline refis. 

And as a reminder, there are still no file status requirements for locks on purchase loans, and pre-locks are allowed.

Contact your Plaza Account Executive for more information or if you have any questions about this update

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Topics: Wholesale News, Plaza in the News, Mini-Correspondent News

NAMB National 2020

Posted by Plaza Wholesale on October 1, 2020

Join Plaza for a Virtual Conference Like No Other

Join Plaza Home Mortgage® at this year’s National Association of Mortgage Brokers National 2020 conference on October 14-15, for an entirely virtual experience that will help you set the groundwork for the rest of the year and beyond.

When you register for the conference, use the code PLAZAFREE at checkout for complimentary registration (code expires October 8, at 11:59PM PT).

Event Details:
NAMB National 2020
October 14-15
www.namb.org

Register Now

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Topics: Wholesale News, Plaza in the News, Mini-Correspondent News, Plaza Events

BREEZE AUS Access Video

Posted by Plaza Wholesale on September 10, 2020

Watch our short video to see how the new AUS Access screen in BREEZE saves you time by letting you run and compare both DU® and LPA® at the same time, side-by-side on a single screen!

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Topics: Wholesale News, Wholesale Program Updates, BREEZE LOS, Plaza at a Glance, Mini-Correspondent News, Mini-Correspondent Program Updates

Wholesale Virtual Event: Calyx Vision 2020

Posted by Plaza Wholesale on September 10, 2020

Plaza Home Mortgage® is going virtual at the Calyx Vision® 2020  on August 18-20 and we’d love to “see” you there!

If you’re attending, be sure to check out the general session, Wholesale Lender Panel: Lending in the Pandemic for an informative discussion with top lenders including Plaza’s EVP, National Wholesale Production, Jeff Leinan, on the current state of lending and how to find balance in today’s climate.

Plus, make sure you stop by our booth at the virtual exhibit hall and chat with a Plaza Account Executive about our integration with the Calyx Wholesaler MarketPlace, where you can export your loans into BREEZE in just a few clicks!

Register today to save your spot or reach out to us at HereForYou@plazahomemortgage.com for more information.

Register Now

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

New AUS Access Screen in BREEZE: Run LPA and DU

Posted by Plaza Wholesale on September 10, 2020

Introducing the AUS Access screen in BREEZE

With the new AUS Access screen in Plaza's BREEZE system, you can run DU® and LPA® at the same time and instantly generate a side-by-side comparison, allowing you to quickly evaluate the findings and determine what’s best for your borrower. Of course, you can still run DU and LPA separately if you prefer.

View our One-Click AUS Quick Step Guide or contact your Plaza Account Executive for more details.

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Topics: Wholesale News, BREEZE LOS, Plaza at a Glance, Mini-Correspondent News

FHA 203(k)s are back

Posted by Plaza Wholesale on September 10, 2020

On Monday, July 6, 2020, Plaza resumed lending on FHA 203(k) renovation loans! We will continue to monitor the market and will announce plans for resuming Fannie Mae® HomeStyle®, Freddie Mac CHOICERenovation® and VA Renovation options in the future.

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Topics: Wholesale News, Wholesale Program Updates, National Correspondent News, FHA Loans, Mini-Correspondent News, Government Loans, Renovation Loans

Tools for Brokers to Deliver a Digital Mortgage Experience

Posted by Plaza Wholesale on September 10, 2020

Plaza helps you elevate the borrower experience with online appraisal payments, digital verification of assets, and more. Contact your Plaza Account Executive to make sure you’re fully leveraging the power of Plaza for your borrowers.

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Topics: Wholesale News, BREEZE LOS, Plaza at a Glance, eClosing and Digital Lending Tools

Online Appraisal Payments

Posted by Plaza Wholesale on September 10, 2020

Plaza brokers can offer their clients the convenience of paying for their home appraisal online. Check out this short video or visit our information page to see just how easy it is to set them up for this convenient payment method.

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Topics: Wholesale News, BREEZE LOS, Plaza at a Glance, eClosing and Digital Lending Tools

FHA Single-Unit Condo Approvals

Posted by Plaza Wholesale on September 10, 2020

Help your borrower get that perfect condo when it’s not in an FHA-approved complex. Now, with the Single-Unit Approval process, individual condominium units can be approved for FHA financing even when they aren’t in FHA-approved buildings or projects. It opens up more lending opportunities for you, and more selling opportunities for your agents. And Plaza is here to help you get it done!

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Topics: Wholesale News, FHA Loans, Mini-Correspondent News, Government Loans, Condo Lending