Correspondent lending is all about price, right? But what if you could get a competitive price and a lot more? Say, for example, no-cost insurance to protect you from loan manufacturing defects? Our National Correspondent Program is priced to win deals, and with our Certified Loan Program to help protect against defects that trigger expensive buybacks – it’s a “win-win!”

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

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.