Loan Fulfillment Solutions
EaZy-Close Protection Program
The EaZy-Close Protection Policy (EPP) is designed to indemnify the lender in certain unrecoverable loan loss scenarios. The target market is Real Estate secured consumer lending transactions. EPP provides a framework for a lender to evaluate and mitigate specific risk factors when underwriting non-purchase money closed end and equity loan types to a targeted priority position.
The program is backed by an A.M. Best A+ (Superior) rated insurance company.
The EaZy-Close Protection Policy delivers a framework of protection to the lender mitigating loan underwriting risk factors associated with Second Mortgage, Home Equity and HELOC loan transactions. EPP streamlines loan origination by providing a one stop risk mitigation solution that is easily integrated into a lenders existing loan underwriting and origination guidelines.
The EaZy-Close Protection Program Includes:
* Property or Legal and Vesting Reports
- Title Insurance
- Flood Zone Determination- Life of Loan map change tracking coverage