Protect Your Business

The Certified Loan Program from Plaza Home Mortgage® helps correspondents mitigate the financial risk and operational burden that can arise from loan manufacturing defects, and that may ultimately lead to repurchase demands.

The Certified Loan Program Covers the Following Loan Defects:

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

Now Offering COVID-19 Protection

If your borrower has experienced a reduction or loss of income as a result of the pandemic, the Certified Loan Program covers any fees or penalties incurred with the repurchase demand on these closed loans.

Program Benefits

  • Helps reduce losses from repurchase demands
  • Protects net-worth
  • Minimal loan loss reserve on loans sold to Plaza
  • Can increase profitability

All Plaza Correspondents automatically get the added protection of the Certified Loan Program. Ask your Plaza Account Executive today for more information.

Not a Plaza Correspondent yet? Give yourself the peace of mind that comes with the Certified Loan Program – sign up today.

Become a Correspondent