30 bps, with a minimum of $895 to perform the below services on behalf of the MLO. 
Services Provided by PA:Settler Service Includes ALL the Explorer offering, plus the following:

The PA can begin services once the lead inquiry is complete.

1. PA obtains the Borrower’s credit report (hard or soft pull) for qualification review (paid by the Borrower or MLO).

2. PA reviews the credit report, addresses all deficiencies, and informs the MLO of these items.

3. PA requests and scrutinizes all necessary supporting documentation required for loan approval.  The PA will follow up with the borrower(s) if any additional information or documentation is needed based on the review of items received.

4. PA conducts weekly follow-ups with preapproved homebuyers on their home shopping progress and enters notes in the LOS.

5. PA completes the Manual Underwrite Checklist if the file is referred through the AUS.

6. PA acts as liaison/first point of contact for the processor/MLO.

7. PA updates the MLO when the file reaches milestones during the loan process.

*** PA manages the file from inquiry to closing/funding.

***Pioneer Assistants (“PA”) will NOT take applications from borrowers or discuss mortgage loan rates or terms. After the MLO takes the initial application, assistance in completing the application for an MLO will be provided.

Required Documents and Tasks List from MLO:

1. MLO has an initial conversation with the Borrower, chooses PA level of service at www.pioneerassistants.com , and provides the following link to borrower. https://pioneerassistants.my1003app.com/inquiry

2. MLO will coordinate with the PA and confirm a completed loan application is received.

3. MLO addresses any deficiencies in the FNMA form 1003 or URLA.

4. MLO obtains a fully executed, legible sales contract, including all addendums.

5. MLO will approve the fee worksheet constructed from PA.

6. MLO will float/lock the rate. Pioneer Assistants will not lock the loan to avoid any timing issues and the risk of re-pricing.

7. MLO will approve the Closing Disclosure to be sent to the Borrower.

*** MLO will be responsible for processing their own files and or contracting a third-party  processor.

*** Processor/MLO will be responsible for ordering Appraisal, Title, Insurance, VOE, VOD, Clearing all Lender Conditions, etc. and all compliance.