Text/HTML

Correspondent Mortgage Lending Program Options and Approval


Multiple program options and easy approval process.
Enter Title

Through LenderLive’s correspondent lending program options, you can select a delegated or non-delegated correspondent relationship based on your needs, and choose to purchase optional mortgage fulfillment services.

Delegated Correspondent

Our delegated correspondent mortgage lending program offers lenders the flexibility and control to manage the loan process, from origination through closing. As a LenderLive correspondent, you’ll have access to our robust, Correspondent Lending Interactive Processing System (CLIPS), providing a best-in-class tool for your business that provides easy file upload, a powerful automated pricing engine and product eligibility. LenderLive provides interest rate protection and secondary market access across a broad product suite.

Non-delegated Correspondent

If your institution chooses a non-delegated correspondent relationship to avoid risk associated with delegated authority, our underwriters will support your in-house processing team. LenderLive’s seasoned underwriting staff has deep compliance expertise, and are stringently tested and trained before joining the LenderLive team. They are strictly monitored for a minimum of 50 “second reviews” before being delegated with signing authority. Through our non-delegated correspondent mortgage lending program, we strive to provide a 24-hour underwriting turn-time.

Our CLIPS technology platform offers an easy, interactive way to upload your files, review and clear conditions. The paperless environment provides complete transparency 24X7 so your financial institution can rest assured its loan transactions are receiving the attention they need to get to closing and purchase.

Optional Mortgage Fulfillment Services

Our optional mortgage fulfillment services are private-labeled and designed for lenders seeking a way to minimize compliance risk by utilizing LenderLive’s deep compliance experience, and leveraging our processing and closing teams to grow their business and reduce overhead costs. Your loan officers can utilize our proprietary technology to take applications, select product and lock rates, or application data can be directly entered or up-loaded from your existing loan origination system. 

All correspondent mortgage lending program options provide:

  • Minimal overlays
  • No cross-sell of banking products
  • No refinance competition
  • Commitment to retained servicing
  • No minimums
  • Electronic delivery
Text/HTML

Become an Approved Correspondent Lender

LenderLive will help you build a sustainable, competitive mortgage business designed around your company's specific needs. As a delegated or non-delegated correspondent lender, you can confidently offer your customers competitive products and pricing, and a customer service experience that they have come to expect from your financial institution.

When you complete and submit the form on the right you will be contacted by an account manager in your area, and will promptly receive an application package in the mail.

FeedbackDesigner

Please complete the form below and a LenderLive representative will contact you soon.

Name
Email
Phone
State
 
Text/HTML


Get Correspondent Lending Brochure


Contact us to learn more about how we can help with your correspondent lending needs.

Loan Servicing - Email LenderLive