To request RMLO services, please email us the following documents at Team@MyRMLO.com
- The Sales Contract
- The Seller Financing Addendum (terms of the loan)
- The buyer's contact information
Our turnaround time is 48 hours with buyer cooperation, and close within 7 to 10 days.Buyers can apply online at www.MyRMLO.com or with our new Phone App!Allowing them to submit their documentation through our secure app.
Our RMLO Underwriting Package comes with a flat fee and includes:
- STATEMENT OF COMPLIANCE
- QUALIFIED MORTGAGE REPORT
- CREDIT REPORT
- PROOF OF INCOME
- REQUIRED LOAN DISCLOSURES
- SUPPORTING UNDERWRITING DOCUMENTS
- CLOSING DISCLOSURE
Providing solutions with Correspondent Lending
In response to the new licensing requirements, we have put together the new process for our expanded services with our compliance expertise, efficiency, protection, and experience to support you in your continued Owner Finance business.
With TPL as your Correspondent lender, this will satisfy the new licensing requirement to give you complete protection and provides you with a Bankable Qualified Mortgage and a sellable note.
Loan Origination and Underwriting Services fees starting at $1,500.