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Secondary Guide

  Correspondent Secondary Guide (CSG)

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The Correspondent Secondary GuideSM surveys the core Conforming, Jumbo, and FHA Fixed products that historically have made up the bulk of the mortgage industry's volume. This guide is published at approximately 12:30PM EST (11:30 AM CST, 10:30 AM MST, 9:30 AM PST) daily for each state.

The Correspondent Secondary Guide compares net pricing on a state specific basis. Key adjustments such as Loan Size, Credit Score, LTV, Lock Period, and Promotions are included in net pricing calculation as well as the Admin Fee which is converted to basis points based on loan size. Volume discounts or other premiums not available to all Correspondents are excluded in the net price calculation. Multiple loan size and note rate scenarios are provided for key products.

Products Surveyed
Conf 40 YearConf 30 Year
Conf 15 YearJumbo 30 Year
Jumbo 15 YearFHA 30 Year
FHA 15 Year
 
Lenders
Leading Correspondent Lenders
 
Subscription Cost
Secondary Guide Daily and ARM Guide Weekly
$99.95 / 1st state and $75 / each additional state

Secondary Guide Daily and ARM Guide Daily
$129.95 / 1st state and $100 / each additional state

Key Benefits

  1. Improves Daily Lock Decisions
  2. Saves Time with a Quick "Apples-to-Apples" Pricing Comparison
  3. Demonstrates "Due Diligence" to Clients
  4. Enables Quick Responses to Rate / Price Questions

Customer Feedback

By using the Guides consistently, I average nearly an extra .25 across my pipeline with lenders who provide me the service I need.

The Guides provide me exposure to wholesale lenders that I wouldn't ordinarily know even exist.

I've tried other services, including the ones that are on-line, and none are as accurate and concise. It is worth every penny!

Icon rocks! The team is incredibly responsive to our needs. Thanks!