As a Non-Delegated lender, you are empowered to:
- Set Margins and a Pricing Model as a Non-Delegated Correspondent Lender (Banker) to experience increased profitability and control.
- Choose investor and pricing without restriction as a Non-Delegated Correspondent. Don’t get pigeonholed into a specific product/pricing model because of “Broker Compensation Agreement” rules.
- Cultivate a great partnership with your investor partner and earning volume incentives as your business grows.
- Control compliance or outsource at your comfort level (LE, CIC, CD).
- Fund loans in your name as a Non-Delegated lender.
- Lock your loan anytime during the loan process.
- Become Dual Approved: Hybrid Non-Delegated clients are allowed (Bank Conv and VA, Broker FHA).
- Emerging Non-Delegated Lenders: Utilize a Fulfilment Partnership for compliance and document preparation if you are in the discovery phase and newly transitioning from “Broker to Banker”. FGMC can help with referrals to vendor partners as needed.