Our Solution

To fully comply with the Dodd-Frank provisions and to keep our client investors fully compliant with the law, we offer a one-stop origination service that includes the following:
• Application taken under our license
• Verification and documentation of income/assets
• State and National Disclosures to fit the mortgage
• Analysis of loan terms to ensure compliance
• Review of Warranty Deed
• Preparation of Note and Deed of Trust
• TMCC is the licensed lender in the transaction
• Review of Final HUD-2010 for compliance
• Preparation of collateral assignment to investor
• Complete loan package forwarded to investor

Low-Cost Flat Fee:
$1,575

(Assumes a title company involved in the transaction)
If a title company is not involved in the transaction, we offer the following additional services:
• Transaction closing
• Preparation of the HUD-1-2010
• Recording of documents in the county of the property

Low-Cost Combined Fee: $1,995.00
We Offer Full Loan Servicing! We Can Accommodate “Wraps”

Seller Financing and Dodd-Frank
Lots of Changes? Yes!
Is it Over? No!

Let Us Keep You In Compliance!

Since the 2010 implementation of the S.A.F.E. Act, we have offered a low flat fee origination service for owner/seller-financed transactions in Texas. Since that time, we have originated over 30 owner/seller-financed transactions per month for investors and owners across Texas. We have enabled a lot of Real Estate investors to stay compliant and continue their business as usual.
Now comes the Dodd-Frank rules and regulations that change again the scope and nature of home mortgages. Some of the changes for compliance include:

Stricter licensing standards

Documentation for “ability to repay”

Expanded definition of “High-Cost Mortgage”

Expanded definition of “High-Risk mortgage”

Stricter standards for creditors as originators

Counseling required on certain mortgages

Appraisal required on certain mortgages

Rules for“non-qualified” mortgages

Escrows required on mortgages

New servicing disclosures

“Teeth” in the law

Will the new laws kill your business?
Not Hardly!

We have a solution.
We are expanding our low flat fee origination service to accommodate all of the compliance is-sues of the new laws. As licensed originators, we have the responsibility to ensure all transactions we originate are in full compliance. Our records are audited!

Call Today for more information!

Call us: +1 (210) 828-5187

Continue business as usual!