At Plaza Home Mortgage® we know there are many investors to choose from when you're clearing out your pipeline. But, before you decide, allow us to take a "Last Look" and see if we can beat or match the best price. Plus, you will receive protection through our Certified Loan Program that can help mitigate risks that trigger expensive buybacks.

Saving an average of $75,400 per loan in reserves, this program can allow Plaza correspondents to refocus those funds toward other efforts to build the bottom line.

And the best part – all Plaza Correspondents automatically get the added protection of the Certified Loan Program at no additional upfront cost.

Plaza's Certified Loan Program Covers the Following Loan Defects:

  • Underwriting
  • Appraisal
  • Guideline Violations
  • Miscalculation of Income
  • Data Integrity
  • Compliance Errors
  • Undisclosed Debt
  • Occupancy
  • Value Deviation
  • Errors & Omissions
  • Income/Employment
  • Fraud/
  • Government Uninsurable Loans

Now Offering COVID-19 Protection

In an uncertain environment, there is a greater likelihood of loan reviews and repurchase demands due to the borrower’s job loss or other financial impacts of the pandemic. Plaza’s Certified Loan Program can protect you from direct loss from a repurchase demand that is tied to fraud or manufacturing defects – even if it’s COVID-related.

Program Benefits

  • Helps reduce losses from repurchase demands
  • Helps protect net-worth
  • Minimal loan loss reserve on loans sold to Plaza
  • Can increase profitability, so you sleep better at night!

Plaza has been here for you since 2000, and we're here to stay. 

Reach out to your Plaza Account Executive or sign up to be an approved correspondent and help give your business warranty relief in this highly-regulated market.