| |
| Transferring Loans to Clearpoint Funding |
| |
| Things to keep in mind when transferring a loan to ClearPoint Funding from another lender: |
| |
- Turntimes: Login to view our current turn times. Please keep in mind these turntimes will be impacted with a large influx of business and are subject to change.
- Any loan applications taken after July 30th will need to comply with new TILA regulations.
|
| |
| ClearPoint Funding Portability of Appraisal Policy |
| |
| ACCEPTING APPRAISAL FROM ANOTHER LENDER: |
ACCEPTING APPRAISAL FROM ANOTHER LENDER:
ClearPoint Funding will accept transferred or ported appraisals on conventional and government loans from other lenders. Refer to our lending guide for complete details and visit the Appraisal Forms section to obtain a copy of the AIR Certification for Appraisals Transferred to CPF. |
| |
| RELEASE OF APPRAISAL TO ANOTHER LENDER: |
| ClearPoint Funding will release appraisals to other lenders. The broker must make a written request for release of the appraisal to designated Client Liaison. When such a request is received; A dated written certification that is loan and property specific will be issued with any appraisal requested for release. |