One Stop Lender Apps makes every effort to provide the lending community with the most current information a potential wholesale/correspondent lender or warehouse bank has to offer.  From time-to-time, an organization may change their requirements to do business with a company, where to send documents to, or change the actual documents. 

When you complete your package, we cannot control whether the form they request you complete is one page or 20 pages.  Our fee is for the service of form-filling an application.

We will attempt to provide you with proper instructions and mailing addresses for the application package you are completing.  You can always go to the investor’s site for confirmation as to where the application is to be sent to.  We provide you with this information on our pre-submission checklist.

Some companies have multiple branches, and we will provide you with their web page that has location information, as to where to send your completed package to.

Some companies require phone contact with an account representative before they will accept your package.  We highly recommend that you always contact someone before you send your package to them so they know it addressed to the right person and place.

If you discover that your package is not current, or our information is not complete, please notify us at: RobinC@onestoplenderapps.com so we can assist you and others in making sure package forms are up to date, and are going to go to the right place.

INVESTOR PACKAGES:
There are some investors the brokers wish to work with, but we were unable to obtain their application package on the public portion of their site. We at ONE STOP LENDER APPS have chosen to provide you with the generic application in lieu of their broker package. We provide you with this guarantee:
#1. If the investor you select does not accept our generic application, we will gladly form-fill for NO COST TO YOU, their application package as long as they provide us with:
a) a pdf version of their package or
b) a word version of their package or
c) an excel version of their package.
#2. We do not guarantee that a generic application will be approved or accepted by an investor. Please contact Robin Chapman at: robinc@onestoplenderapps.com with any issues or comments about this process.

We use the wholesale/correspondent lender’s net worth, warehouse line, years in business and agency approval requirements, whenever possible.  If we were unable to obtain this information, we have nay have placed standard industry criteria for eligibility as our filters. Industry standards that we use are as follows:

Brokers:
Net worth: $0
Warehouse line required:  No
Years in business: 1
Agency approval:  No

FHA Correspondents:
Net worth: $63,000
Warehouse line required: No (most FHA correspondent programs provide you with the line).
Years in business: 2
Agency approval:  No (most FHA correspondent programs assist the broker with agency approval).  

Table Funding:
Net worth:  $63,000 (FHA standards)
Years in business:  2
Agency approval:  No  

For Correspondent programs:
Net worth:  $250,000
Warehouse line required:  Yes
Years in business: 2
Agency approval:  No  

We look forward in assisting you in any way possible.

Donna Beinfeld, CEO & Technical Director

Bertram Alexander, President & Marketing Director