Plaza News + Updates

In times like these, reverse mortgages provide savvy homeowners with a way to access liquidity for additional income or to rebuild reserves. At the same time, senior homeowners can secure future credit to sustain their retirement needs,” Mark Reeve, VP Reverse Mortgage Division. Read the full article, ‘Repair Cracks in the Nest Egg,’ now at Scotsman Guide.

Today’s housing market is dominated by existing home sales, with over 5.3 million existing homes sold in 2019 and at average age of 30 years old. Because of this, renovation lending is perhaps more important to your business than ever before. Plaza Home Mortgage^® offers you the resources you need to make getting into this market easy and stress-free. Our dedicated renovation lending division is here to help you from start to finish, and reviews each loan to ensure they’re done right the first time.

COVID-19 Protection with Certified

Now there’s an even easier way to connect with Plaza – we’re thrilled announce the official launch of LINQ, our new loan acquisition system! LINQ is user-friendly, fast on document uploads and you’ll immediately receive your confirmation once the loan is locked in, helping in the reduction of overall processing time. Accelerate your loan purchases and easily manage your pipeline while expanding your portfolio all in one place. Not currently working with us? Let’s link up – apply and become an approved correspondent today.

Giving back to the community is an important part of what Plaza is all about. Especially during these tough times, we’re pleased to have contributed to a new van for the Red Cross, to be used to deliver and transport blood products to hospitals from the Red Cross blood processing facility in Southern California, and beyond. You can read the press release here.

Our full training calendar for the month of October 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.

Plaza Home Mortgage^® is excited to be attending the upcoming California MBA Western Secondary Market Conference this week!

If you are too, mark your calendars for September 24 to hear Plaza’s very own COO and CFO, Michael Fontaine, as he joins the panel during session 5, How Has COVID-19 Changed the Way We Do Business, to discuss how the pandemic has transformed business today and beyond.

Plus, stick around after the session to tune in with our SVP of National Correspondent Sales, Salpi Meyer, as she joins the mPower Leadership Panel during session 6, where she along with other successful female industry leaders will share their journey in leading teams, and how to make a positive impact in the workplace.

And don’t forget to check out Plaza’s virtual booth in between sessions to discover more on our available program offerings to help simplify future transactions

They're back: HomeStyle and CHOICERenovation Loan Programs

Plaza is excited to announce that we will begin accepting Fannie Mae^® HomeStyle^® and Freddie Mac CHOICERenovation^® renovation loans again on Monday, September 8, 2020. And don’t forget we also accept FHA 203(k) loans, so when you think renovation, think Plaza. Visit our program page or contact your Plaza Account Executive to learn more.

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!