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.
Online Appraisal Payments
Topics: Wholesale News, BREEZE LOS, Plaza at a Glance, eClosing and Digital Lending Tools
FHA Single-Unit Condo Approvals
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!
Topics: Wholesale News, FHA Loans, Mini-Correspondent News, Government Loans, Condo Lending
Case Study: Correspondent Avoids $110K Indemnification
See how Loanpal®, a national mortgage bank, successfully mitigated a $110K indemnification on a defaulted loan thanks to Plaza’s Certified Loan Program. The majority of the loss, over $87,000, was covered by the Certified Loan Program – with no upfront fee.
Topics: National Correspondent News, Correspondent Certified Loan Program, Client Case Studies
Reverse Jumbo Expands
Plaza’s Reverse Jumbo is now available in Arizona, California, Colorado, Connecticut, Florida, Hawaii, Illinois, New Jersey, Oregon, Texas, and Utah with more states to follow soon. The Reverse Jumbo is a great option for clients in higher-value homes who want to tap into more equity than allowed by the current FHA HECM limits.
Topics: Wholesale News, Wholesale Program Updates, Jumbo Reverse
Late Night Locks in BREEZE
Working late? So are we. Plaza brokers can lock loans in our BREEZE LOS until 11:59 PM PT on business days.
Topics: Wholesale News, BREEZE LOS, Plaza at a Glance