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No. We do not require a minimum net worth.
No, you can only be approved for one channel. Please select the channel that best meets your business needs.
View your options here
Schedule your training by emailing WME@bofifederalbank.com and let us know your name and what days/times work best for you.
Lender fees, when applicable, are as follows:
Please see Wholesale Mortgage Express Rate Sheet for additional items including Appraisal Desk Review, Field Review, and Redraw Loan Documents.
Due to the substantial benefits available through the channel, Account Executives are not necessary, and the savings can be passed on to you through competitive pricing. Our comprehensive training empowers you drive your loans forward through a streamlined process. Pricing, product, and guideline information are all available 24/7 on our broker site here.
Select the "Upload a Loan" tab on our WME Broker Portal to upload your loan file. The loan file must be a Fannie Mae 3.2, Mismo AUS v2 file, or an IHM file.
Yes. However, if originally pulled by First American Credco and less than 30 days old, the same credit report can be used if First American Credco agrees to reissue it to us.
Brokers can order an appraisal from one of our approved vendor's appraisal management companies.
Security is a very high priority for us. To learn more, please read About Our Security.
We may share your data; please see our Privacy Statement for more details.
BofI Federal Bank will forward a copy of the appraisal to the borrower.
Please email WME@bofifederalbank.com or call (844) WME-2967.