Lender Reminder: Prompt Financial

Just a quick reminder about the lender Prompt Financial and the requirements to ensure compliance. For all deals with this lender, we’ll need the following, in addition to the compliance checklist:

• Full document package from Prompt, signed by the client (including the Disclosure and Commitment)

• Enhanced Suitability & Exit Strategy

• Consent for Credit (if credit was pulled on the file)

Additionally, as a reminder, you need to be a Level 2 Agent/Broker to send deals to this lender.

If you have any questions, please don’t hesitate to reach out to the compliance department