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This relationship allows the brokering party to originate home loans that meet CPM and agency guidelines. The originating party is responsible for documenting the file, while CPM closes the loan in CPM’s name, uses CPM’s funds to fund the transaction and compensates the brokering party for their origination.
This type of relationship allows the correspondent to originate and close in their own name and fund the transaction with the correspondent’s funds. CPM then purchases the whole loan from the correspondent after auditing the file to ensure all CPM and agency guidelines are met.
To become a broker or correspondent, please visit States We Serve and contact your regional manager.
CountryPlace Mortgage, Ltd and/or Secretary of Dep't of Housing and Urban Development, ISAOA.
CountryPlace Mortgage, Ltd., ISAOA, P.O. Box 246, Amelia, OH 45102.
Plant a seed with CountryPlace Mortgage, and our experts will provide customer service to help you cultivate long-term client relationships. Call us today and reinvest in your community! 800-228-1828