Emporium
2611 Internet Boulevard, Suite 115, Frisco, TX 75034
https://emporiumtpo.com/
Internal Reviews
(6 reviews)
Total loans closed with Loan Factory
223
Total loans closed with Loan Factory (past 12 months)
179
Lender overview
Basic information
Emporium TPO LLC ISAOA/ATIMA P.O. Box 7050 Troy, MI 48007-7050
Emporium TPO LLC ISAOA/ATIMA P.O. Box 7050 Troy, MI 48007-7050
Lock policies & Fees
Lock Policies
Cut off time is 6:30pm CT - 4:30 pm PST
We will allow up to 30 days in extensions, past that requires an exception.
We charge .01% per day
Re-locks on loans that have been expired for up to 30 days are subject to worst case
pricing and 0.250 re-lock fee. Any prior costs or fees will carry over to the new lock
(extensions, etc.).
Lender's niche & Overlays
We allow premium pricing on business purpose loans. With BPC pricing, you can keep the lender credit (on top of your BPC) or split it with your client.
DSCR Loans: We accept investors that are currently renting and FTHB.
FTI with no LTV hit with Embark
3 Month Seasoning required for cash out on Embark
Self-Employed or Wage Earner with Unscheduled Income?
Unscheduled Income Accepted*
Bonus
Holiday/Seasonal
Overtime
Commission
Non-taxable Income
and more!
WY is for Business Purpose Loans only.
Not accepting business purpose loans in Baltimore, MD and Philadelphia, PA
Lender turn time
1
2
1
Review - Emporium
3.8
6 Google Reviews
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