Rocket Pro TPO, a division of Rocket Mortgage, launched a set of new tools this week for non-delegated correspondent lenders.
Through the program, the homebuyer uses Rocket Pro TPO’s digital client portal to apply, submit documents and e-sign. Rocket then generates loan estimates, closing disclosures and final closing documents to the client through the portal. This new option is similar to the process mortgage brokers use with Rocket Pro TPO, and the lender says it can eliminate costs, streamline processes and accelerate loan purchases for the correspondent lender.
If a lender opts for the “correspondent flex” option, Rocket will still manage details ⇒
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