PwrTPO (formally PowerTPO)
5950 Symphony Woods Road, Suite 312, Nottingham, MD 21236
https://www.pwrtpo.com/
Internal Reviews
(0 reviews)
Total loans closed with Loan Factory
7
Total loans closed with Loan Factory (past 12 months)
2
Lender overview
Basic information
Lower, LLC dba PwrTPO ISAOA/ATIMA 5950 Symphony Woods Rd., Ste 312 Columbia, MD 21044
Lower, LLC dba PwrTPO ISAOA/ATIMA 5950 Symphony Woods Rd., Ste 312 Columbia, MD 21044
Lock policies & Fees
Lock Policies
Extension requests must also be submitted by 8:00 PM EST. All locks expire at 8:00 PM EST on the lock expiration date.
1 – 7 days .125%
8 – 14 days .250%
15 – 21 days .375%
22 – 30 days .500%
If a lock is allowed to expire without obtaining an extension, the loan can be re-locked for 15 days under a worse-case pricing scenario (WCP) plus an additional re-lock fee of .125 charged to the borrower. A loan may only be re-locked once.
Lender's niche & Overlays
We allow TBD’s will manually underwrite government loans down to a 580 FICO, Several DPA programs available
Allow lender credit to cover BPC except DPA programs.
Lender turn time
2
2
1
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