POWER+ is our broker portal built and designed in collaboration with our industry experts and Broker Partners. Our platform provides you with speed and control over the mortgage process to deliver an exceptional experience to your customers and referral partners.
Powering Your Business
Complete loan setup, lock and disclose in a matter of minutes. And that’s not all – experience speed at every step you take.
Accurate fees, pricing, and mortgage insurance quotes from initial disclosures to closing to provide a reliable and consistent lending experience for you and your customers.
The data-driven workflow and intuitive design guide you to open tasks and next steps in a seamless experience, allowing you to self-serve.
We work on your schedule. The 24/7 portal lets you access real-time loan status or run Dual AUS anytime, including weekends and holidays.
A Best-in-Class Lending Experience
Process Loans With Transparency and Speed
With an enhanced guided workflow, the loan process is more efficient, accurate, manageable and convenient. The platform speeds up the process at every step, minimizing time you spend on the platform.
Deliver Fee Accuracy
A unique, custom fee screen enables you to accept, add, and edit fees directly onto a screen that looks exactly like a loan estimate. You can self-serve using Pennymac default fees or the platform’s dynamic search feature to pull in fees from over 25,000 settlement service providers across the country.
Manage Conditions the Way You Want
Get your loans clear to close faster. With our unique technology and process for managing conditions, you can submit your documents for review as soon as you have them. There’s no need to bundle conditions!
Approve CDs From
With one tap or click, approve your draft Closing Disclosures (CDs) from your phone or computer without logging into POWER+. From there, your comments and documents are tracked in the Settlement Collaboration Portal in POWER+.
Close On-Time With Improved Communications
The platform’s Settlement Collaboration Portal allows brokers, processors, settlement agents and Pennymac to balance the final CD in a trackable system. Real-time and accurate communication in the balancing process improves transparency, eliminates back-and-forth emails, and speeds up closing.
Secure Pricing Quicker
With Quick Lock
Start a new loan or continue from a saved price scenario, and lock quickly with only a few pieces of borrower information. Then, complete the loan registration later.
Your success is our #1 priority. That’s why we’ve built the best tools in the
industry and backed them up with a team of leaders experienced in
wholesale lending to support you every step of the way.