Mortgage Broker SOPs

Includes 20+ pages of best practice SOPs to save you 10+ hours of research.
These Mortgage Broker Standard Operating Procedures (SOPs) provide a detailed framework for managing the entire mortgage loan process while ensuring compliance with industry standards and regulations. The SOPs cover key areas such as loan application, pre-qualification, lender selection, loan documentation, and loan closing. They also emphasize clear client communication, effective referral management, and securing favorable interest rates through rate locks. Additionally, the SOPs outline post-closing follow-up procedures to ensure client satisfaction and continuous improvement of the mortgage broker's services.