Rocket Pro TPO Gives Correspondent Lenders More Speed, Efficiency and Flexibility with New “Correspondent Assist” Program – PR Newswire
Rocket helps partners reduce costs and streamline processes by generating loan estimates, disclosures and closing documents through digital client portal
DETROIT, Oct. 17, 2022 /PRNewswire/ — Rocket Pro TPO, the division of Rocket Mortgage working exclusively with independent mortgage brokers and correspondent lenders, today announced the national launch of “Correspondent Assist.” Through the new program, Rocket will offer non-delegated correspondent lenders new and valuable operational benefits with the option to use a suite of new tech-driven fulfillment services, in addition to the existing platform supporting correspondent partners.
Non-delegated correspondent lending enables mortgage lenders to control processing, closing and funding while the lending partner, such as Rocket Mortgage, is responsible for the underwriting. After closing, Rocket Pro TPO serves as the investor, purchasing the loan from the correspondent. According to Inside Mortgage Finance, the total…
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source: https://news.oneseocompany.com/2022/10/17/rocket-pro-tpo-gives-correspondent-lenders-more-speed-efficiency-and-flexibility-with-new-correspondent-assist-program-pr-newswire_2022101733421.html
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