Bank Partner Service

Opportunity for regional/community banks who want to offer a full array of mortgage products to their customer base without the cost of maintaining an origination platform and staff.

Bank Partners

Allows Bank to earn a
negotiated fee up to 1%
of the loan amount.

Bank must have a
corporate NMLS license.

Originator Bank must complete 5 of the below.

  • Take information from borrower and complete initial application.
  • Analyze borrower’s income and debt; prequalify.
  • Educate of the home buying process.
  • Collect financial information.
  • Provide disclosures to the borrower.
  • Order VOE’s and VOD’s.
  • Order mortgage and other loan verifications.
  • Order appraisals.
  • Order inspection/engineering reports.
  • Maintaining regular contact with the borrower and related parties.
  • Order legal documents.
  • Determine if property is in a flood hazard zone.
  • Participate in the closing.

Electronic Interface

  • Applications submitted via an EMC application link or application found on the bank maintained website which interfaces with EMC Loan Origination System (LOS) directly.
  • Bank can utilize EMC LOS for applications, thus eliminating the need/cost of purchasing and maintaining their own LOS.
  • LOS systems allows for electronic transmission of all documents.
  • EMC handles mortgage regulated compliance such as TRID & HMDA
  • EMC provides required disclosures, underwrites, and funds the loan.
  • EMC offers access to multiple, pre-approved service providers.
  • Appropriate fee paid to the bank monthly based on closings.


Banker role as the Originator.

  • Initiates the application, uploads data via a website and completes the required steps from the Bank Partner agreement for the bank to earn a fee.

EMC’s dedicated support staff provides the LO liaison, training and assistance throughout the origination process.

  • The team is built on relationships and will remain your dedicated team on every loan every time.

EMC’s dedicated team also provides:

  • Co-Branded marketing materials (Based on bank requirements).
  • Training to Lenders and teller/bank staff as appropriate.
  • Required disclosures when loan application received.
  • All compliance reporting for HMDA.
  • Post-closing and follow up responsibilities.

Product Array

  • FNMA/FHLMC conforming conventional products.
  • Government insured products; FHA/VA/USDA.
  • Non-conforming jumbo products.

Daily Pricing and
Pipeline Protection

  • Daily rate sheet provided offering multiple product options.
  • Lock terms of 15,30,45 and 60 days.
  • Lock extensions available at a cost of .125% per 7 days.
  • EMC assumes all risk associated with locked pipeline.

Monthly Reporting
and Accounting

Bank provided with monthly reports.

  • Existing pipeline.
  • Funded report.
  • Detailed analytics available including loan type, customer data, fallout/rejection rate, referral source.


  • Bank is paid Lender Compensation once a month.
  • EMC provides monthly loan level reconciliation.