TPL offers Residential Mortgage Loan Origination (RMLO) services specifically tailored for Seller-Financed mortgages. As an RMLO, we help investors to ensure proper origination and compliance with regulations when structuring seller-financed mortgage Notes.
Investors interested in RMLO services can initiate the loan origination process by completing the New Transaction Lender Form with transaction details, buyer's contact information and uploading the sales contract.
Specialization and emphasis on seller-financed mortgages offer investors tailored services and guidance in structuring these types of real estate transactions including creative financing and wrap mortgages. Offering investors peace of mind and regulatory adherence.
We focus on investor compliance and a commitment to creative real estate solutions, for both seasoned investors and individuals looking to navigate the complexities of buying or selling a property with owner finance.
Our core strength lies in ensuring investor compliance throughout the intricacies of owner-financed transactions.
Positioned as experts in Dodd-Frank regulations and specialists in Owner Finance, our team is entirely bilingual, investor-friendly, and readily available to address common questions associated with seller finance transactions. We assist investors in structuring the terms of the mortgage note, determining appropriate interest rates for buyers, understanding concepts like "Qualified Mortgage" and "Ability To Repay," and maximizing court protections in seller financing transactions.
Our commitment is aimed to guide new investors, offering support and expertise by overseeing closing processes, and managing note servicing.
Moreover, Texas Pride Lending doesn't limit its expertise to investor services alone. We are also dedicated to providing creative solutions for individuals seeking to purchase a home with nontraditional home financing.
TPL provides a 24-48 hour turnaround time
(Contingent on the borrower's cooperation)
Our process is streamlined and straightforward. Swift and precise handling of documentation, compliance with regulations, and quick turnaround times can significantly streamline the process for both sellers and buyers.
By prioritizing efficiency, Texas Pride Lending's RMLO services aim to reduce unnecessary delays, expedite the origination process, and ensure that all necessary steps are taken promptly, thereby facilitating smoother transactions for our clients. This emphasis on efficiency can make a notable difference in the overall experience and success of real estate dealings.
Quick and effective communication, coupled with a streamlined process, can significantly contribute to a positive experience for both the investor and the borrower. In the context of seller-financed mortgages, where there might be a more direct relationship between the parties involved, prompt and clear communication can foster trust and facilitate a smoother transaction.
