PowerTPO
5950 Symphony Woods Road, Suite 312, Nottingham, MD 21236
https://www.powertpo.com/
Internal Reviews
(0 reviews)
Total loans closed with Loan Factory
18,296
Total loans closed with Loan Factory (past 12 months)
14,770
Lender overview
Basic information
Mortgagee Clause Mortgagee Clause Guide PowerTPO dba of Lower, LLC ISAOA/ATIMA 5950 Symphony Woods Rd., Ste 312 Columbia, MD 21044
Mortgagee Clause Mortgagee Clause Guide PowerTPO dba of Lower, LLC ISAOA/ATIMA 5950 Symphony Woods Rd., Ste 312 Columbia, MD 21044
Lock policies & Fees
Lock Policies
Extension requests must also be submitted by 8:00 PM EST. All locks expire at 8:00 PM EST on the lock expiration date.
1 – 7 days .125%
8 – 14 days .250%
15 – 21 days .375%
22 – 30 days .500%
If a lock is allowed to expire without obtaining an extension, the loan can be re-locked for 15 days under a worse-case pricing scenario (WCP) plus an additional re-lock fee of .125 charged to the borrower. A loan may only be re-locked once.
Lender's niche & Overlays
We allow TBD’s will manually underwrite government loans down to a 580 FICO, Several DPA programs available
Lender turn time
2
3
N/A
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