Third-Party Originator Approvals (TPO)

This is a policy guide to managing Third-Party Loan Originators by mortgage lenders. This a separate policy guide. Once purchased this guide will be customized to your specifications. You will receive an immediate invoice receipt with a download link to a questionnaire with some simple questions to answer and receive your customized guide within 24-48 hours. This is written for independent mortgage bankers but can be customized for depository financial institutions and credit unions. 

Table of Contents

THIRD-PARTY ORIGINATOR APPROVAL POLICY (TPO)

APPROVAL PROCESS (WHOLESALE BROKERS)

• Overview
• Required Documentation
• Document Approval Requirements
• Database Reviews
• Consumer Complaints
• Website Review
• Secretary of State
• Loan Application Submissions
• Quality Control
• Annual & Quarterly Review
• Performance Indicators

APPROVAL PROCESS (CORRESPONDENT LENDERS)

• Overview
• Required Documentation
• Document Approval Requirements
• Database Reviews
• Consumer Complaints
• Website Review
• Secretary of State
• Closed Loan Submissions
• Quality Control
• Annual & Quarterly Review
• Performance Indicators

WATCHLIST