Prieston Capital's (Certified Loan Underwrite Program (CLUP®) is designed for Correspondent Programs, CLUP is proven to increase production and profitability while providing both Investor and Lender safe and risk reduced access to unique loan products normally not accessible in the open market.
CLUP is an insured certification of the credit, underwriting, calculations, regulatory compliance and all aspects of the manufacturing process of the loan on a 24 hour turn around and purchase upon approval by the investor. This certification protects both lender and investor from defects with expansive coverages exclusively placed through Lloyds of London underwriters.
Reviews are performed within a proprietary system enabling reliable quality of loans throughout. From initial underwriting decision, to clear to purchase correspondent status, providing cohesive data integrity and communication.