Pwr TPO

🌟We're grateful for the trust our partners place in us every day. Your feedback helps us continue delivering the level of service you deserve.

If you've had a great experience working with PwrTPO, we'd love to hear from you. Share your feedback here 👇 https://hub.pwrtpo.com/widget/form/11Dst9KAmeUokWIKuvp6

Thank you for being part of the PwrTPO family.

𝗠𝗼𝗿𝗲 𝘄𝗮𝘆𝘀 𝘁𝗼 𝗼𝗽𝗲𝗻 𝗱𝗼𝗼𝗿𝘀 𝘀𝘁𝗮𝗿𝘁𝘀 𝘄𝗶𝘁𝗵 𝗺𝗼𝗿𝗲 𝘄𝗮𝘆𝘀 𝘁𝗼 𝗳𝗶𝗻𝗱 𝘁𝗵𝗲 𝗿𝗶𝗴𝗵𝘁 𝘀𝗼𝗹𝘂𝘁𝗶𝗼𝗻.

PwrTPO has made improvements to our 𝗙𝗛𝗔, 𝗩𝗔 𝗮𝗻𝗱 𝗨𝗦𝗗𝗔 𝗽𝗿𝗶𝗰𝗶𝗻𝗴, giving our partners even more options when helping borrowers get home.

For 𝗙𝗛𝗔 𝗹𝗼𝗮𝗻𝘀 𝘄𝗶𝘁𝗵 𝗙𝗜𝗖𝗢𝘀 ≥ 𝟳𝟬𝟬, that includes 𝘂𝗽 𝘁𝗼 𝗮 𝟱𝟬 𝗕𝗣𝗦 𝗽𝗿𝗶𝗰𝗶𝗻𝗴 𝗶𝗺𝗽𝗿𝗼𝘃𝗲𝗺𝗲𝗻𝘁.

𝗪𝗼𝗿𝗸𝗶𝗻𝗴 𝘄𝗶𝘁𝗵 𝗮 𝗹𝗼𝘄𝗲𝗿 𝗙𝗜𝗖𝗢? 𝗧𝗮𝗸𝗲 𝗮𝗻𝗼𝘁𝗵𝗲𝗿 𝗹𝗼𝗼𝗸 𝗮𝘁 𝗼𝘂𝗿 𝗽𝗿𝗶𝗰𝗶𝗻𝗴. We’ve made improvements across lower FICO ranges as well.

Because a great partnership isn’t only about getting the loan done. It’s about bringing the 𝗽𝗿𝗶𝗰𝗶𝗻𝗴, 𝗽𝗿𝗼𝗴𝗿𝗮𝗺𝘀 𝗮𝗻𝗱 𝘀𝘂𝗽𝗽𝗼𝗿𝘁 to the table so we can find the 𝗿𝗶𝗴𝗵𝘁 𝘀𝗼𝗹𝘂𝘁𝗶𝗼𝗻 𝘁𝗼𝗴𝗲𝘁𝗵𝗲𝗿.

👉 𝗩𝗶𝘀𝗶𝘁 𝗵𝘁𝘁𝗽𝘀://𝘄𝘄𝘄.𝗽𝘄𝗿𝘁𝗽𝗼.𝗰𝗼𝗺/ or connect with your PwrTPO Account Executive to take a closer look.

Whichever agency path your condo file takes, insurance gets reviewed every time, and it is one of the most common reasons condo loans get conditioned.

Our Condo Insurance Quick Guide puts it all on one page: what to collect before you submit, master policy requirements, required perils, and whether your borrower needs an HO6.

Submit right. Close faster.

Download it here �https://lower.cloud/pwrtpo/Job%20Aids%20&%20Worksheets/Condo%20Insurance%20Quick%20Guide.pdf

𝘌𝘲𝘶𝘢𝘭 𝘏𝘰𝘶𝘴𝘪𝘯𝘨 𝘓𝘦𝘯𝘥𝘦𝘳 | 𝘕𝘔𝘓𝘚 𝘐𝘋 #1124061

There’s a new face at PwrTPO! 👋

Please join us in welcoming Joe Houk, our newest Sr. Account Executive.

With more than 20 years in TPO mortgage, Joe understands that the best partnerships are built on experience, trust and showing up for your partners.

👉 Say hello at [email protected] and see how Joe can add to your success.

Insurance is one of the most common reasons condo loans pick up underwriting conditions. Here is what our condo team flag most often:

❌ Policy expires within 30 days
❌ Missing replacement cost language
❌ Deductible exceeds guidelines
❌ Missing required perils
❌ Missing Crime/Fidelity Bond
❌ Missing Equipment Breakdown
❌ Missing betterments and improvements info
❌ HO6 missing when required

Every one of these can be caught before you submit. Our Condo Team breaks it down on the PWR Wire: https://www.pwrtpo.com/post/four-agencies-four-paths-how-pwrtpo-finds-the-way-to-close-your-condo-deal

𝘌𝘲𝘶𝘢𝘭 𝘏𝘰𝘶𝘴𝘪𝘯𝘨 𝘓𝘦𝘯𝘥𝘦𝘳 | 𝘕𝘔𝘓𝘚 𝘐𝘋 #1124061

Strong partnerships mean always looking for ways to bring more to the table.

PwrTPO has made improvements to our 𝗙𝗛𝗔, 𝗩𝗔 𝗮𝗻𝗱 𝗨𝗦𝗗𝗔 𝗽𝗿𝗶𝗰𝗶𝗻𝗴.

For 𝗙𝗛𝗔 𝗹𝗼𝗮𝗻𝘀 𝘄𝗶𝘁𝗵 𝗙𝗜𝗖𝗢𝘀 ≥7𝟬𝟬, that includes 𝘂𝗽 𝘁𝗼 𝗮 𝟱𝟬 𝗕𝗣𝗦 𝗶𝗺𝗽𝗿𝗼𝘃𝗲𝗺𝗲𝗻𝘁.

𝗪𝗼𝗿𝗸𝗶𝗻𝗴 𝘄𝗶𝘁𝗵 𝗮 𝗹𝗼𝘄𝗲𝗿 𝗙𝗜𝗖𝗢? 𝗧𝗮𝗸𝗲 𝗮𝗻𝗼𝘁𝗵𝗲𝗿 𝗹𝗼𝗼𝗸 𝗮𝘁 𝗼𝘂𝗿 𝗽𝗿𝗶𝗰𝗶𝗻𝗴. We’ve made improvements across lower FICO ranges as well.

Because when you’re working to find the right solution for your borrower, we want to be right there with you. Competitive pricing, more options and a team ready to help.

𝗩𝗶𝘀𝗶𝘁 𝗵𝘁𝘁𝗽𝘀://𝘄𝘄𝘄.𝗽𝘄𝗿𝘁𝗽𝗼.𝗰𝗼𝗺/ or connect with your PwrTPO Account Executive.

𝗟𝗲𝘁’𝘀 𝘁𝗮𝗸𝗲 𝗮 𝗰𝗹𝗼𝘀𝗲𝗿 𝗹𝗼𝗼𝗸 𝘁𝗼𝗴𝗲𝘁𝗵𝗲𝗿.

Does your condo borrower need an HO6 policy? It comes down to two questions about the master policy.

Does it cover walls-in or betterments and improvements? If yes, an HO6 is not required. If no, an HO6 is required.
Contact your Account Executive for questions.

A missing HO6 is one of the most common insurance conditions on condo files, and one of the easiest to avoid.

Read more on the PWR Wire 👉 https://www.pwrtpo.com/blog

𝘌𝘲𝘶𝘢𝘭 𝘏𝘰𝘶𝘴𝘪𝘯𝘨 𝘓𝘦𝘯𝘥𝘦𝘳 | 𝘕𝘔𝘓𝘚 𝘐𝘋 #1124061

𝗠𝗼𝗿𝗲 𝗿𝗼𝗼𝗺 𝗳𝗼𝗿 𝘆𝗼𝘂𝗿 𝗯𝗼𝗿𝗿𝗼𝘄𝗲𝗿𝘀. 𝗠𝗼𝗿𝗲 𝗼𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝗶𝗲𝘀 𝗳𝗼𝗿 𝗼𝘂𝗿 𝗽𝗮𝗿𝘁𝗻𝗲𝗿𝘀.

At PwrTPO, a great partnership means looking for ways to get more loans to the closing table. That’s why we’re not waiting.

Effective immediately, we’re accepting increased Conventional Conforming loan limits ahead of the anticipated FHFA announcement.

For properties outside of Alaska and Hawaii:

· 𝟭 𝗨𝗻𝗶𝘁: $845,000
· 𝟮 𝗨𝗻𝗶𝘁𝘀: $1,081,950
· 𝟯 𝗨𝗻𝗶𝘁𝘀: $1,307,800
· 𝟰 𝗨𝗻𝗶𝘁𝘀: $1,625,350

𝗠𝗼𝗿𝗲 𝗼𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝗶𝗲𝘀 𝗳𝗼𝗿 𝘆𝗼𝘂𝗿 𝗯𝗼𝗿𝗿𝗼𝘄𝗲𝗿𝘀. 𝗔𝗻𝗼𝘁𝗵𝗲𝗿 𝘄𝗮𝘆 𝘄𝗲 𝗰𝗮𝗻 𝗯𝗲 𝗮 𝘀𝘁𝗿𝗼𝗻𝗴𝗲𝗿 𝗽𝗮𝗿𝘁𝗻𝗲𝗿 𝗳𝗼𝗿 𝘆𝗼𝘂.

➡️ Reach out to your 𝗣𝘄𝗿𝗧𝗣𝗢 𝗔𝗰𝗰𝗼𝘂𝗻𝘁 𝗘𝘅𝗲𝗰𝘂𝘁𝗶𝘃𝗲 to learn more or visit https://www.pwrtpo.com/

Welcome to PwrTPO, Tim Sullivan! 🎉

We’re excited to welcome Tim Sullivan to the PwrTPO team as one of our newest Sr. Account Executives!

Tim is a mortgage industry veteran with a proven track record of driving multimillion-dollar production, expanding broker networks, and executing successful wholesale lending strategies. His deep market expertise, commitment to top-tier ex*****on, and ability to build strong partner relationships make him a great addition to our growing team.

We’re excited to have Tim on board and look forward to the experience and energy he’ll bring to our partners.

Welcome to the team, Tim! ⚡