Wholesale Application Packages
C1 - Mini Correspondent
Renasant Bank will underwrite and close all loans in the Mini-Correspondent’s name and funds for closing will be provided by the Mini-Correspondent.
C2 - Fully Delegated
The Correspondent will underwrite and close all loans in the name of the Correspondent. Loans will then be submitted to Renasant Bank for purchase.
C3 - Delegated Closing
Renasant Bank will underwrite all loans and the Mini-Correspondent will close the loan in the Mini-Correspondent’s name using their own funds.
W1 - Broker/Table Funded
This package is for a non-financial institution who wishes to table fund all loans. Renasant Bank will underwrite and close all loans in Renasant Bank’s name using Renasant Bank’s funds.