Conventional
Purchase and refinance.
Contract loan processing for mortgage brokers
Hand off the file.Keep selling.
Processor Now takes your loan from contract through funding. You prequalify and lock. We do the rest, for a flat fee collected at closing.
From $695Flat fee per file
Contract to fundingOne processor the whole way
TX and ARArizona coming soon
AriveWe work in your pipeline
Full-service processing
You do two things. We do the rest.
You
- Prequalify the borrower
- Lock the loan
Processor Now
- Review the contract, file, documentation and application
- Disclose the loan within 3 days of receiving the contract
- Collect documents from the borrower, or send you the list so you stay the contact
- Order appraisal, title, insurance, VOEs and other third-party items
- Submit the loan to underwriting
- Work with the underwriter to full approval
- Prepare and send the initial Closing Disclosure, aiming for 10 days before closing
- Coordinate closers, funders and title through funding
What we process
Every loan type you write
Agency, government and specialty files, purchase and refinance.
FHA
Including FHA streamline refinances.
VA
Including VA IRRRLs.
USDA
Rural and suburban purchases.
Texas down payment assistance
Grants and forgivable seconds alongside the first lien.
Bank statement
Self-employed borrowers qualified on deposits.
DSCR
Investment property qualified on rental income.
Low and no credit
Files built on limited or non-traditional credit.
Refinance
Rate and term, and cash-out.
Flat fee, paid at closing
One price per file. No add-ons.
Disclosures, third-party orders and the Closing Disclosure are all included.
Streamline
$695per file
FHA streamline and VA IRRRL refinances
- Everything in full-service processing
Standard
$995per file
Conventional, FHA, VA and USDA
- Everything in full-service processing
Specialty
$1,195per file
DSCR, bank statement and Texas down payment assistance
- Everything in full-service processing
Charged to the borrower and collected at closing. No close, no fee.
Who processes your file
Meet Rosalyn
One processor works your file from contract to funding.
Licensed loan originator and REALTOR, Texas and Arkansas
Rosalyn Brookes
Rosalyn processes every Processor Now file herself. She is licensed to originate loans and to sell real estate in Texas and Arkansas, so she knows every side of a transaction and what an underwriter will ask for before they ask.
The timeline
From contract to funded
What happens to every file, in order.
01
Send the file
At contract, through the form below.
02
Disclosed
Within 3 days of receiving the contract.
03
Underwriting
Submitted, then conditions worked to full approval.
04
Closing Disclosure
Prepared and sent, aiming for 10 days before closing.
05
Funded
We coordinate closers, funders and title until the loan funds.
Common questions
Before you send a file
Who talks to my borrower?
Your choice. We can collect documents from the borrower directly, or send you the list of what is outstanding so you stay their only contact.
Who pays the processing fee?
The borrower, collected at closing: $695 for a streamline refinance, $995 for conventional, FHA, VA and USDA, and $1,195 for DSCR, bank statement and Texas down payment assistance files.
What if the loan does not close?
You owe nothing. The fee is collected at closing, so no closing means no fee.
Which states do you cover?
Texas and Arkansas. Arizona is coming soon.
What software do you work in?
Arive.
What do you need from me?
The prequalified borrower, the locked loan, and the contract. Send the file at contract and we take it from there.
Send your first file
Tell us about the loan and Rosalyn will reply with next steps. Please don't attach or type borrower documents here.
Got it, thank you
Rosalyn will reply with next steps. Need us sooner? Call (903) 306-1060.