Loan Simple, Inc.

Basic information

QM program

• Conventional
• FHA
• FHA Streamline
• FHA DBA
• VA
• VA IRRRL
• USDA

Loss payee

Loan Simple, Inc ISAOA / ATIMA 1576 N. Sherman St., Suite 130 Denver, CO 80203

CPL or subordinate clause

N/A

Lock policies & fees

Lock policies

Lock extension

Free 1 day extension or typically .125 for 10 days with most DPA's.

Relock

Relock at current market requires 31 days from prior lock termination with most DPA's.

Lock & Shop

No

Lender's niche & overlays

Lender's niche

Follow DPA program guides.  Just a min fico overlay on standard Conv, FHA, VA, USDA.

DPA is available in Arizona, Colorado, California, & Texas

100% CLTV FHA DPA

DPA Programs

Lender's overlays

Follow DPA program guides, no overlays. Just a min fico overlay on standard Conv, FHA, VA, USDA.

DPA is only available in Arizona, Colorado, California, & Texas

Lender turn time

Initial underwrite (days)

1

CTC conditions review (days)

1

Initial CD (days)

1

Reviews