Plaza News + Updates

"Scratch and Dent" or Certified?

Posted by Plaza Correspondent on November 10, 2020

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.

Many correspondents found that rather than bidding loans out to “scratch and dent” companies, they were usually far better off using Plaza’s Certified Loan Program.

Check out how our program has helped Developer’s Mortgage provide the insurance they needed to keep their loans from falling through, and how it can protect its client-sellers.

Want to see what our Certified Loan Program can do for you? Tune into a free webinar recording we did back in August to learn more.

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Topics: National Correspondent News, Plaza Events

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