The ClientWhys Partners Lending System makes the loan process simple and comfortable for you and your clients. Your dedicated Mortgage Banker is an important part of the process - from the moment you send in your client’s loan application to the time the loan closes, you can feel confident that you have a knowledgeable and experienced Mortgage Banker to assist you with your clients’ home mortgage needs. Though each lender system differs in some ways, the following highlights the process:

1. Submit a Loan Application - Meet with your client. Submit a loan application either online, mail or by fax.

2. Mortgage Banker – Each Lender will assign a mortgage banker to your account. The mortgage banker will advise your client on the different pricing models and find the loan that best fits their needs. ClientWhys Partners are able to offer extremely competitive rates and a wide variety of loan programs to their clients.

3. Loan Documentation – After your client has selected an approved loan program, you will be sent the loan package. The loan package includes loan disclosures, the Good Faith Estimate, a listing of required documentation (tax returns, pay stubs, bank statements, etc.) and the Uniform Residential Application filled out and ready for signature.

You, as the advisor, are responsible for:

• Reviewing the accuracy of the complete loan package with the client.
• Collection of supporting documentation listed in loan package.
• Having client sign necessary forms (highlighted throughout the loan package).
• Sending the completed package (overnight) back to lender. Prepaid overnight packaging is provided.

4. Processing – The Bank will process the loan through closing, including setting up the appraisal and title / escrow. You will be copied by email of the status of the loan or client communications.

5. Compensation – Upon loan closing, we will process your commission check.