As an MPN Loan Officer you will have a simple process to follow in order to complete your client’s mortgage and get compensated for your efforts. MPN has developed the “Quick App” system to make the loan process as simplified as possible for both you and your client.

Step 1: Identify a client that needs or wants a mortgage loan.

Step 2: Give the client the “Mortgage Terms/Product Overview” sheet and answer any questions that he/she may have.

Step 3: Have the client fill out the Quick App. This will help you and your Mortgage Specialist identify what type of loan is best suited for your client.

Step 4: Have the client sign the credit report authorization form.

Step 5: Work with your Mortgage Specialist in determining the most suitable loan program(s) for your client based on their Quick App and credit report.

Step 6: Present the loan program(s) to the client that you and your Mortgage Specialist have identified and explain the monthly payments and rates.

Step 7: Your Mortgage Specialist will send to you via overnight delivery a pre-populated mortgage application and disclosure forms. The application and forms will be highlighted in the places your client(s) will need to sign. Accompanying this package will be a list of items you must get from the client e.g., W-2’s, pay stubs, tax returns, etc. Once you have collected all the necessary information from the client and the application & disclosures have been signed, you will send the package back to us.

At this point your job is complete!

Step 8: MPN will have the loan processed and cleared to close. You can check the loan status on our website with your assigned user ID and your chosen password.

Step 9: The loan closes.

Step 10: You get paid!