Process

Realty Plus Mortgage simplifies the mortgage process for the busy Real Estate Broker

• 1. Once you decide to join Realty Plus Mortgage, you would complete the section Join Us. From this link at the top of the page, you will understand the requirements to join our company and become a properly registered mortgage broker. Upon your completion of the registration process and our acceptance, a USER ID and PASSWORD is assigned allowing you access to Affiliated Brokers our fully functional templates.
• 2. When you enter the Affiliated Brokers site, a Compensation & Services Disclosure needs to be reviewed and signed by you and your client, then forwarded to us. Next you will need to complete the software loan application and then begin asking your client Step 1 questions (template), the “static” part of the loan process. Once you SUBMIT each Step via the internet, you will wait for an E-Mail Notification response from management before proceeding to the next Step. We recommend saving a copy of all submitted templates and e-mail notification correspondence as proof of your services rendered for RESPA. These template STEPS define your tasks, eliminates the need to memorize questions, properly sequences the flow of information to management and are user friendly.
• 3. Once we receive your SUBMIT, Realty Plus Mortgage management will forward E-Mail Notification answers to you with instructions to begin the next Step. Management will be responsible for the pre-qualification letter, merging the credit report, structuring the loan [STEP 2 NOTIFICATION], then preparing the good faith estimates and all disclosures, shopping and locking rates [STEP 3 NOTIFICATION], then monitoring the underwriting process, verifying documents, etc [STEP-CLOSE NOTIFICATION]. This represents the “dynamics” of the mortgage tasks management will perform on these files.
• 4. Upon completion of your "static" tasks the remaining work for you is reviewing the HUD-1 and lender documents for accuracy at the closing table. We pay our mortgage brokers 35% of the banking fee income for services they provide on the "static" loan origination procedure. Read the additional benefits Realtors® receive using the Realty Plus Mortgage "Static" Origination Process under Approach, become more competitive and cutting edge.
• 5. Meet the Management responsible for the "dynamic" side of the mortgage process and read their resumes for background experience and expertise.