Loan Lock Prime

Loan Lock Prime

6 Hutton Centre Drive, Suite 1030, Santa Ana, CA 92707

https://loanlockprime.com/

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(0 reviews)

Total loans closed with Loan Factory
6

Total loans closed with Loan Factory (past 12 months)
3

Lender overview

Basic information

Conventional
Home Ready
Home Possible
FHA
FHA Streamline
FHA 203(b)
VA
VA IRRRL
VA High Balance
VA Jumbo

OnY Glo Inc., DBA LoanLock Prime ISAOA/ATIMA 6 Hutton Centre Drive, Suite 1030 Santa Ana CA 92707

OnY Glo Inc., DBA LoanLock Prime ISAOA/ATIMA 6 Hutton Centre Drive, Suite 1030 Santa Ana CA 92707

Lock policies & Fees

Lock Policies

Depending on loan program. DPA 2:30pm PST. Jumbo Express 3:30pm. All others 4:30pm
• 5 Days at a cost of 12.5 bps
• 7 Days at a cost of 17.5 bps
• 10 Days at a cost of 25 bps
• 15 Days at a cost of 37.5 bps
• 30 Days at a cost of 75 bps
• Expired loans cannot be extended.

Relocks are allowed on expired locks only. The loan must be in an APPROVED status or greater to be eligible for a relock. The new pricing is based on the worst case between the original final pricing plus a relock fee of 25 bps. Original final pricing includes all prior extension and/or relock fees.

No

Lender's niche & Overlays

One stop shop (except for hard money, construction, bridge, ITIN, or no income check for O/O loans)

Allow lender credit to cover BPC.

None

Lender turn time

2

2

1

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