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Become a seller

Get a bid right away. Approval runs alongside it.

Seller approval never holds up your trade. Send a loan today and we approve you while we bid it. Simple onboarding, no wasted steps.

Modern single-family home at dusk

Seller approval runs alongside steps 1 to 3, so it never holds up your trade.

How a trade runs

We close what we commit to.

  1. Step 1

    Submit

    Upload a loan tape, or register your loans in the CorrFirst seller portal.

  2. Step 2

    Get a bid

    We send a price on each loan or the pool.

  3. Step 3

    Accept and deliver

    If you accept, deliver the loan file.

  4. Step 4

    Diligence

    Our AI underwriting reviews the entire file (valuation, construction feasibility where relevant, and every loan condition), and our underwriters clear it.

  5. Step 5

    Purchase

    Once diligence is cleared, we buy the loan when the collateral documents are received and cleared. We purchase within 7 days of file delivery.

  6. Step 6

    Servicing transfer

    Servicing moves after purchase. On loans with draws still to fund, CorrFirst funds the remaining draws after purchase.

The approval package

What we ask for to approve you.

Company information

Entity documents, ownership and the people we will work with.

Licensing

Lending licenses where your states require them.

Financials

Recent financial statements for the selling entity.

Lending guidelines

Your underwriting guidelines and a sample of recent loan files.

Servicing

Who services your loans today and how draws are administered.

Insurance

Evidence of the coverage your business carries.

Start onboarding

Apply in five minutes.

Tell us about your lending and we send the approval package. Have loans ready now? Submit a tape or register them in the seller portal at the same time, and we bid while approval runs.

Common questions

Becoming a seller: common questions

How do I submit?
Submit a tape (Excel/CSV or your loan system's export) or register loans in the CorrFirst seller portal.
What do I need to be approved?
Company information, licensing where your states require it, recent financials, your lending guidelines with a sample of loan files, your servicing arrangement and evidence of insurance. We send the full package when you apply.
What reps and warranties do you ask for, and when is a loan repurchased?
The standard representations a whole-loan buyer asks for: that the loan was originated and documented the way the file says it was. Repurchase applies to a breach of those representations. The exact terms are in the purchase agreement, which we share during approval.
What happens if a loan fails diligence?
We tell you exactly what we found. The bid holds through the commitment period unless diligence finds a material defect; if it does, you can cure it, we re-bid that loan, or it comes out of the trade.
What happens to servicing and draws after the sale?
Servicing is released or retained, as you choose. On loans with draws still to fund, CorrFirst funds the remaining draws after purchase.
Do you offer forward commitments?
Yes. We can commit to buy loans before you originate them. Talk to the desk about terms.
When do I get paid?
At purchase, after diligence and the collateral documents clear.

Ready to sell?

Submit a tape or register loans in the seller portal, and apply while we bid.

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