Correspondent Approval Process​
The Mega Capital Correspondent Banker Program is designed for Mortgage Bankers and Emerging Bankers who want to take on more of the mortgage process to have more control of service levels for their clients.
- Issue initial disclosures in your own name and portable to other lenders.
- Work with AMC’s and administer the appraisal process and have more appraisal transferability if needed
- Mitigate risk by having Mega Capital (non-delegated) perform the underwriting.
- Have a choice on final loan document fulfillment or have Mega Capital perform the service.
- Quick purchase of closed loans.
Completing our Correspondent Application
B. Immediately start the MERS application by going to:
Correspondent Recertification
IT’S TIME FOR THE ANNUAL CORRESPONDENT RECERTIFICATION.
To get started, click on the Correspondent Annual Recertification button below to fill out our latest recert form. Follow the steps and sign the necessary documents.
(Note:Â Please make sure to upload your Balance Sheet and P&L Statement when asked)
B. Immediately start the MERS application process by going to: click on eApplication.
APPROVED WAREHOUSE LENDERS
Florida Capital Bank Mortgage
www.flcbmtg.com
Citizens Bank
www.citizensbank.net
Simmons Bank
www.Simmonsbank.com
CoastalStates Bank
www.coastalstatesbank.com
Benchmark Bank
https://www.benchmarkbank.com/warehouse
Customers Bank
After discussing their warehouse program with you, they will invite you to complete an on-line application link, which they will send to you.
Once your company has obtain their MERS number, obtained a warehouse line, determined vendor services, and have submitted a successful correspondent application to Mega Capital, we can take it from there.
If you have any questions, please contact:
correspondent@mcfunding.com
