Frequently Asked Questions

Can I fund loans in my company’s name?

Yes, as a Correspondent Lender, you may fund loans in your company’s name.

Do I have to disclose my YSP (Yield Spread Premium) to the borrower?

No, as a Correspondent Lender, you are not required to disclose your YSP to the borrower.Add an answer to this item.

Can I earn SRP (Service Release Premiums) on loans I fund as a Correspondent Lender?

Yes, you can earn SRP on all funded loans as a Correspondent Lender.

Can I fund TPO loans as a Correspondent Lender?

Yes, as a Correspondent Lender, you can open a wholesale channel to accept TPO loans from brokers.

Am I protected for confidentiality?

Yes, as a Correspondent Lender, your confidentiality and market territory protection are guaranteed.

BCG Correspondent GROUP FUNding Division