Wholesale Mortgage Express (WME)
We offer FHA, VA, Conforming (Agency), Conforming High Balance, Prime Jumbo, and Non-QM loan programs.
We do not offer FHA or VA High Balance loans.
No. Every Loan Officer and Processor will be assigned their own login/password with access to only their loans.
Visit our WME Broker Portal and select Upload A Loan at the top of the page. Starting with the first tab on the left, enter the requested loan information and then move to the next tab. After entering the loan details, you can run DU then price and lock your loan.
No. Everything needed for submission is located in the tabs on our website. We do require a fees sheet or LE from a 3rd party.
No. We will send the disclosures. We do not need a copy of the broker disclosures. We will require you to provide a fees sheet or LE from a 3rd party to verify the fees.
No. We require a certification to be checked by the broker during the registration process on our website.
We use DocMagic for the initial disclosure and closing documents.
Yes. We will provide copies to the loan broker and processor if their email information is given at registration.
No. We charge an all-inclusive lender fee of $815.00.
If the loan is floating, no action is required. When you choose to lock your loan, we’ll run the QM points and fees test again. If your loan doesn’t pass, a reduction in the lender paid compensation (LPC) will be required and your account manager will contact you.
We only pull a new credit report on manual underwrites, prime jumbo and QM loans.
You can move your loan through our system by initiating COCs, TRVs, VOIs, and CDs—all through our broker portal.
Select an approved AMCs from the right-hand menu of our broker portal.
Yes. Please note the following requirements:
- We require the XML file.
- It must be in an institution’s name.
- We need a transfer letter from the named institution on the report.
- There cannot be changes required on a transferred appraisal.
The AMC will provide proof of delivery—as long as the borrower email address provided at the time of order is valid.
We will always disclose the fee if it’s necessary. It’s required on all Prime Jumbo and Non-QM loans. Otherwise, DU or our underwriter will make the determination.
Currently we are at 24 hours.
We don’t require one. We will send an email prior to issuing the CD to validate the information required for closing documents.