Only UMP’s offer you a Guaranteed 10 Point Commitment on every loan, which allows you to have an ethical, transparent and moral loan transaction. Your certified Upfront Mortgage Professional also offers a free rate roll down after locking and guaranteed closing costs upfront, coupled with the lowest available rate lock your UMP has to offer. And we even have an extra 5 point commitment for Purchase transactions, setting the bar higher than other loan officers or bankers, and ensuring we do everything possible to get you into your new home. Go to www.upfrontmortgageprofessionals.com to find your UMP today!
We’re Committed to Serve You
1. As an UpFront Mortgage Professional (UMP), my primary fiduciary responsibility is to you, the client, in all processes of obtaining your UMP mortgage, not to my own fees and commissions.
We Know Every Borrower is Different
2. I, your UMP, will use my best efforts to determine the loan type, features, and lender services that best meet your needs as a borrower, and to locate the best, UMP approved, lenders’ prices for your loan scenario.
We Put Honest and Ethical Service Before Commissions
3. I, your UMP, will quote all loans with an established Upfront fee that is built in to every loan quote you obtain, so you know exactly how much I am making. The fee will be a set commission that is lender or client paid. The fee will cover all services provided by the UMP, including any and all lender fees.
4. All UMP loan officers will credit you, the client, 100% of any and all lender rebates over the set Client UMP agreed upfront compensation. This credit can reduce the settlement charges to $0 (zero) if that loan option is chosen with the corresponding interest rate chosen by you, the client.
5. Upon closing of the UMP loan transaction you will receive your pre-paid appraisal and credit report fee back. This will be done as a credit in escrow to your closing costs.
Efficient Service is Important to You and Important to Us
6. Upon approval of your agreement to lock your loan on terms you have chosen, I, your UMP, will provide to you within 24 hours the actual lender final lock form to confirm your rate, lender premium credits if applicable, and closing costs package and impounds that you have agreed to for review.
We believe in Complete Transparency
7. I, your UMP will send each loan quote and fee package with up to 3 other lender’s real-time pricing options, so you, will know you are guaranteed to obtain the best rates of the day.
8. As an UMP, I guarantee the closing costs to you upfront. If at time of closing the amount due or owed is higher than the Upfront guarantee, I will personally pay the difference out of their pocket to close the escrow as guaranteed.
We Continuously Work to Find you the Best Rate- Even After Locking
9. All UMP’s can offer you our exclusive “FREE RATE ROLL DOWN AFTER LOCKING” feature. Once you agree to lock your loan on the terms you choose, I, your UMP will offer to re-lock your loan and get you a lower rate if one becomes available before your docs are drawn at NO COST or Re-Negotiation fee to you**
We’re Constantly Working to Improve Mortgage Industry Standards
10. All UMP will hold the certification and pass the mortgage education classes by the MTG Professor before being allowed to become a UMP. They will keep this designation in good standing and complete all continuing education classes.