We provide Residential Mortgage Loan Originator (RMLO) services nationwide for compliance with Dodd-Frank Seller Carryback rules and have attached the documents associated with the process.

To engage our services, we need the Seller Carryback Agreement signed by Seller and Buyer that authorizes us to act in this capacity, and a copy of the sales contract with the carryback terms including:

The $475 fee is due at the time our services are engaged, whether or not the sale of the property with this Buyer is finalized, so be sure you have a concrete Buyer.

You can electronically pay the fee with a credit card at https://swipesimple.com/links/lnk_7d6676e8.

The Buyer needs to either:

Once we receive the information, we will review the documents and prepare the final report (sample attached) with a link to the relevant supporting documents, including the credit report, Loan Application, Underwriting Analysis, and all the documents the Buyer provided. From receipt of the requested items, it usually takes us 1-3 business days to complete the report.

Please note our Analysis does not attest to Seller’s full compliance with Dodd-Frank. We are evaluating the transaction to fulfill the federal requirement that the Seller engage an RMLO. Simply, for the $475 fee (mock invoice attached in the sample Carryback Analysis), we are not willing to take on any legal liability as to Seller’s complete compliance with Dodd-Frank or state law (however, we do offer that service, but at a substantially higher fee).

We also buy and appraise existing Notes nationwide. If you decide to sell the entire Note or a portion of it, we want to discuss those options with you. We are licensed to originate loans in Arizona and California, so if you need traditional, private, investor, or nationwide commercial loan origination, we can assist.