Overnight Rate Protection
Provide additional protection against certain overnight market movements, subject to approved guidelines.
Provide additional protection against certain overnight market movements, subject to approved guidelines.
Problem it solves
Quotes go stale overnight and conversations restart badly.
Why it matters to the loan officer
More confidence in the number you quoted.
How it helps the client
Reduced exposure to certain overnight movements.
How it helps referral partners
Fewer renegotiations after an accepted offer.
Real-world example
A quote issued late in the day is reviewed under approved protection guidelines.
More in Pricing and Capital Markets Access
Improved-Pricing Protection
If eligible pricing improves during the approved protection period, the borrower may receive improved pricing.
Direct Access to Capital Markets
Loan officers may communicate directly with this platform's designated Capital Markets representative.
Full Comp in 45 States Without Your Own License
Originate in up to 45 states you are not individually licensed in and still earn full comp, less 10 bps.