Our full training calendar for the month of December is now available. Please follow the link to see a complete list of all of our upcoming training courses. As always, all of our trainings are complimentary and once you register, even if you miss the training, you will receive an email link to the training to view at your convenience.
Our December Training Calendar is Available!
Topics: Plaza at a Glance, Plaza Training
Warrior Foundation Freedom Station Donation
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
Topics: Wholesale News, Plaza in the News, Plaza at a Glance
2021 Conforming Loan Limits: Effective immediately for new locks!
The FHFA has announced the new conforming loan limits for loans purchased by Fannie Mae® and Freddie Mac on or after January 1, 2021.
Topics: Wholesale News, Wholesale Program Updates, Plaza in the News, Plaza at a Glance
Certified Case Study: Network Capital Funding
The Certified Loan Program from Plaza offers protection from direct loss from a repurchase demand that is tied to fraud or manufacturing defects – even if it’s COVID-related.
Topics: National Correspondent News, Correspondent Certified Loan Program, Client Case Studies
MReport names Plaza to the "Top 30 Companies in Mortgage & Servicing"
Plaza Home Mortgage® was recently named one of the Top 30 Companies in Mortgage & Servicing by MReport Magazine. The companies recognized met the challenges of this year with “an ideal blend of benefits, perks, culture and atmosphere that sets them apart from the rest.” As we continue to navigate the challenges of the day, Plaza remains committed to the health and happiness of our associates and the communities we serve alike. Read more about this recognition in the November edition of MReport Magazine.
Topics: Wholesale News, National Correspondent News, Plaza in the News, Plaza at a Glance, Mini-Correspondent News
"Scratch and Dent" or Certified?
At Plaza Home Mortgage® we have the programs and resources you need to feel confident when taking on a fluctuating market. Our Certified Loan Program helps reduce the risk of repurchase due to loan manufacturing defects and fraud – even if it’s COVID-related. And the best part – all Plaza Correspondents automatically get the added protection of the Certified Loan Program, at no additional upfront cost.
Topics: National Correspondent News, Plaza Events
Plaza’s new Agency Express just got better [pricing]
Get on the Express Track with Speedy Turn Times – and Now Lower Pricing for Wholesale!
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 Wholesale submission option for eligible W-2 or fixed income borrowers, plus you may be able to close in as few as 10-15 days.
And even better news – Plaza will waive the .50 bp Adverse Market Refinance Fee on new Wholesale Agency Express refis locked through the end of the year - 12.31.20!
Topics: Wholesale News, Wholesale Program Updates, Plaza in the News, Plaza at a Glance
New Agency Express for Mortgage Brokers
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.
Topics: Wholesale News, Wholesale Program Updates, Plaza in the News, Plaza at a Glance
Removal of File Status Requirements
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
Topics: Wholesale News, Plaza in the News, Mini-Correspondent News
Reverse Jumbo Now in Washington!
Plaza’s Reverse Jumbo is now available in Washington state, bringing the total number of states where your clients can access up to $4M in equity to 16! Visit our program page for more information and a complete list of states where this program is available.
Learn More
Topics: Reverse HECM, Wholesale News, Mini-Correspondent News, Jumbo Reverse