1. What benefits exist for approved brokers with USA Direct Funding?
  2. How much does USA Direct Funding pay brokers for funded loans?
  3. What is the cost to sign up with USA?
  4. How do I sign up to be an approved broker?
  5. Does every applicant get approved or do I have to meet certain Criteria?
  6. How do I get the latest rates?


 

 

 

1. What benefits exist for approved brokers with USA Direct Funding?

    • Become an approved broker with USA Direct Funding and EXPERIENCE:
      • The Nation’s most advanced lending technology!
        • We offer you the Freedom to find, price, and lock your loan instantly on-line.  We include live approval and real-time status updates!
      • Flexible Products.
      • Competitive pricing.
      • Superior Customer Service:
        • It is our mission at USA Direct Funding to exceed your expectations. Along with our extensive industry knowledge, our wholesale mortgage professionals provide unmatched service to facilitate a smooth and seamless process, helping you close more loans in less time!
        • In addition, we have a special program to reward our best brokers. Brokers who consistently deliver quality loan packages to USA Direct Funding are rewarded with a higher payout. In order to qualify for this program, a broker must meet certain volume and pull-through criteria, and must submit loans electronically. For details, please contact your USA Direct Funding account executive!

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2. How much does USA Direct Funding pay brokers for funded loans?

USA Direct Funding compensates brokers for their efforts in qualifying applicants, advising borrowers on product selection, gathering information and submitting loan applications and other activities related to assisting borrowers in securing a home loan. This compensation is based on funded loans, and varies by product type.

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3. What is the cost to sign up with USA?
    • Signing up with USA Direct Funding’s network of approved brokers is FREE.
    • Brokers must go through our 3-step application and approval process.
    • Click HERE to open our joining page.

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4. How do I sign up to be an approved broker?

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5. Does every applicant get approved or do I have to meet certain Criteria?
  • No, not every broker that applies will be approved by USA Direct Funding.
  • USA Direct Funding brokers generally have a minimum of 2 years of mortgage lending experience. We are looking for committed brokers that want to benefit from partnering with us.
  • In order to complete our review of your application, we require the following:
    • Resumes from management, Officers & Key Personnel
    • Quality Control policies and procedures
    • Corporate or partnership Resolution
    • Articles of Incorporation
    • Copies of current Errors and omissions
    • Copies or applicable State Licenses
    • Copies of current business license
    • Completed W-9 Form
    • Contact Name, phone, fax & email.
    • Brief written history and organizational outline of company.
    • Most Recent two years Audited or Accountant prepared financial statements & profit & loss.
    • Most Recent interim financial statements.
    • Copies of FHA/VA/FMNA/FHLMD approvals
    • Limited Power of Attorney
    • Articles of Incorporation
    • Consent to Fax and/or Email Form
    • Have a minimum net worth and number of years in business requirement.
    • Have broker sign a legally-binding Broker Agreement
  • Information that you submit will be reviewed and a decision will be based on the information you provide. You will be told of any issues that arise in our review process that may affect your membership.

CLICK HERE TO OPEN OUR INSTANT APPROVAL PAGE

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    6. How do I get the Latest Rates?
    • To be added to our e-mail rate sheet distribution list, please click HERE.
    • Please be aware that the rate sheet that we send to those who are not approved brokers shows only a sample of our daily rates and the loan programs we offer. Approved brokers can have the full rate sheet faxed or e-mailed to them, and access our Freedom Program to not only view a complete rate sheet online but also find, price, lock and approve your loan on-line 24/7!  Pricing scenarios are delivered in seconds with the Freedom Program!

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If you were unable to find the answer you are looking for, click here to contact a representative in a local branch. We'll be happy to assist you.


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USA Direct Funding | 4550 SW Kruse Way, Suite 325 | Lake Oswego, OR 97035 | 503.697.FUND

USA Direct Funding (OR/ID/CA) NMLS-3240, (WA) CL-3240. This information is intended for Mortgage Professionals only. Adequate disclosures for consumers are not provided. Information deemed reliable but subject to change without notice. This is not a commitment to lend. Thank you.