New: The Seller Finance Playbook, our course on originating seller finance notes, is now open. See the course
Simple, Flat-Fee Underwriting & RMLO Compliance
We provide professional underwriting and seller-finance RMLO compliance for owner-occupied transactions — with straightforward pricing and no percentage-based fees.
Members of The Seller Finance Playbook course get a $600 credit toward their first underwrite.
FLAT FEE PRICING
$ 799 Flat Fee Per File
- Required Loan Estimate and Closing Disclosures
- Dodd-Frank certification
- Form 1008 Uniform Underwriting and Transmittal Summary
- Credit report
- Borrower loan application and income documentation / verification
- All documents generated and raw data collected during the underwriting process
SUBMIT A TERM SHEET TO GET STARTED
We can also provide loan documents for additional $595 (see below)
Stage 1 — Term Sheet Submission
$199 Due Upfront
Billed when you submit a signed term sheet.
This stage includes:
- Initial underwriting review
- Compliance feasibility check
- Early red-flag identification
If the borrower does not qualify or the deal does not move forward
your exposure is limited to $199.
Stage 2 — Loan Estimate Issued
$600 Due at Loan Estimate
This stage includes:
- Full underwriting review
- ATR / Dodd-Frank compliance
- RMLO documentation and disclosures
If the borrower does not qualify or the deal does not move forward
your exposure is limited to $600.
Why We Use a 2-Stage Billing Model
Limits your upfront risk on deals that don’t close
Encourages proper borrower prescreening
Avoids percentage-based fees on principal balance
Keeps incentives aligned around viable transactions
Compliance & Billing Requirements
By law, we are required to invoice the lender, not the borrower, as we perform underwriting and RMLO compliance services on behalf of lenders.
- The $799 fee may be passed on to the borrower at closing
- This is commonly disclosed as an underwriting or origination-related cost
- We will invoice you directly in accordance with regulatory requirements
Loan Documents
We offer professionally prepared mortgage note and deed of trust documents for all 50 states, making it easy to move from underwriting to closing without coordinating a separate document provider.
Loan documents are available for a flat fee of $595 per transaction.
How to Order
When you submit your term sheet to get started on a deal, you’ll have the option to select whether or not you’d like us to include loan documents as part of your order. Simply check the box during submission, and we’ll handle the rest.
What’s Included
- Mortgage note and deed of trust (or state-equivalent documents)
- Coverage in all 50 U.S. states, including attorney states
- Documents prepared to align with the terms approved in underwriting
- If you are creating 1st and 2nd position loans the fee applies to each set of loan docs
Important Limitations
- Loan documents are not available for wrap loans
- Loan documents are not available for mobile home loans
Closing Disclosure Balancing
In most transactions, the title company prepares the final Closing Disclosure (CD) using their finalized figures for title fees, recording costs, and other settlement charges. In some cases, the title company may request that we update our CD to match their final numbers. We can accommodate this request, with a few important guidelines.
How CD Balancing Works
- We cannot balance against a HUD-1.
- The title company must provide:
- A completed CD or
- Our existing CD marked up or redlined with their final figures
- We will rebalance the CD one (1) time at no charge
Additional Rebalances
If further changes are required after the initial rebalance:
- Each additional CD rebalance is $50 per occurrence
To avoid delays or extra fees, please ensure the title company is providing final, confirmed numbers before requesting a rebalance.