Open Mortgage Correspondent and Wholesale Lending
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  • How to Navigate and Deliver
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    • Correspondent delivery >
      • Delegated Correspondent
  • Closing
    • Early CD Request
    • Schedule A Closing
    • Correspondent Purchase
  • Underwriting Guidlines
  • Mortgagee Clause and Contact Info

Correspondent Purchase 

How to deliver your closed loan to us
In order to deliver your closed loan to us in a efficient matter please follow the below steps 
Upload your closed loan into the website with the following stacking order 
  • Wire instruction for purchase
  • MERS Registry if MERS Member
  • 1st payment letter
  • Copy of note
  • Allonge / Assignment
  • Mortgage
  • Escrow Disclosure
  • Initial and final CD’s
  • 1003
  • Rest of closing package
Overnight note, allonge, and or assignment to 
Open Mortgage, LLC
Attn: Correspondent Purchase
14101 Highway 290 W, BLDG 1300
Austin, TX 78737
​
Complete the below checklist and include your wire instructions. Email it to RapidTPO@openmortgage.com. Put the borrowers name and loan number in the subject line. 




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  • Home
    • About Us
    • Sign Up With Us
    • Loan Programs >
      • FHA
      • VA
      • USDA
      • Conventional
      • Manufactured Homes
  • Loan Submission
    • Initial documents
    • Loan Submission / Pipeline
    • Processing support
    • Appraisal Order
    • Appraisal Request
    • Forms & General Disclosures
  • How to Navigate and Deliver
    • Initial Submission and Register
    • Correspondent delivery >
      • Delegated Correspondent
  • Closing
    • Early CD Request
    • Schedule A Closing
    • Correspondent Purchase
  • Underwriting Guidlines
  • Mortgagee Clause and Contact Info