The “Platinum” Package
Where we complete everything for you!
| Conventional/Conforming loans | $450 |
| FHA/VA/USDA | $450 |
| Jumbo Loans | $450 |
| Piggyback/HELOC/2nd Mortgages | $100 |
| Sub-Prime/None Conforming Loans | $450 |
| Stand-Alone/HELOC /2nd Mortgages | $250 |
| Re-Submission to 2nd lender | No Charge |
| Preparing a Subordination Agreement | $50 |
Additional Fee’s may be incurred:
- Courier/postage/overnight delivery fees if applicable.
- Any charges to Innovative Edge Processing for borrower verifications, etc. including toll-free telephone charges and service fees (i.e. The Work Number, “1-900” charges for VODs etc.).
- Additional fees for work done beyond the Terms of the Agreement may be negotiated on a case-by-case basis.
- Innovative Edge Processing will provide a detailed invoice documenting all fees and expenses.
- Our loan processing fee is paid at the time of the closing by the Mortgage Advisor, the Mortgage Broker, or on the settlement statement as a third-party line item.
Required from the Client:
- Completed Processing Submission Form
- Completed and signed 1003
- DU/LP findings
- Completed and signed Good Faith Estimate
- Completed and signed TIL
- Completed and signed Disclosures
- Tri-merge credit report
- Fees worksheets (if applicable)
What We Do:
- We will review the DU/LP findings.
- Contact your customer to obtain the necessary paperwork (per the DU/LP findings).
- Complete processing of the file, submission to the Investor's Underwriters, clearing of all conditions, arranging the loan closing.