Loan Submission Options & Fees


Delegated Closed Review

  • Loans are submitted for review after the loan has closed in the correspondent's name.
  • File review is completed, and material items are addressed with the correspondent.
  • Once material items have been addressed, loan can be purchased.

Non-Delegated - Front Line Underwriting Services

  • Loans are underwritten by FGMC’s in-house underwriters.
  • Conditions are provided to the correspondent to obtain.
  • Once conditions are received and cleared by an FGMC underwriter, a Clear-to-Close will be issued (CTC).
  • All FGMC approved products are available through the non-delegated channel.


  • $389 funding fee for "Closed" loan review.
  • $745 funding fee for "Non-Delegated" underwrite.
  • Supplemental Origination charge where FGMC will administrate the escrow.