1. NewRez Product and Pricing Engine

2. Create loan Front page defaults to your Delegated active pipeline, see drop down option for Non-Delegated

3. Create loan It is not required to lock. Submit is register/float
Create loan It is not required to lock. Submit is register/float. Pre Lock gives the option to lock at the end of process.

4. Creating a loan

5. Creating loan Choosing contacts triggers notifications on loan level Refer to slide 4 for notifications

6. Client Notifications
Client Processor & Underwriting Contact: Receive Copy of Loan Approvals up to and including CTC
Client Secondary Contact: Receives lock confirmation and notification lock expiration
Client Post Closing and Secondary Contact: Receive auto notification when the Purchase Advice is prepared and available and notification when conditions are posted
Note the Loan Officer is the originator on the 1003, however this role does not receive notifications. If you have a LO driven shop, the LO needs to also be the Secondary Contact.

7. Contact: registrations@newrez.com Section 4 Registration and Pricing
Lock Policy
Locks accepted from the morning price release through 6:59 AM ET on the next business day
All closed loan packages must be delivered to NewRez in fundable condition on or before the lock expiration date or the loan must be extended/relocked
Contact:
Section 4 Registration and Pricing

8. Product and Pricing Engine

9. Product and Pricing Engine Agency Scenario

10. Product and Pricing Engine SMART Scenario Pricing/Lock

11. Product and Pricing Engine Click the product Description for Rate Stack or Apply to Lock

12. Product and Pricing Engine Rate Stack View

13. Product and Pricing Engine
Click “Save for Later” for Rate Lock Screen and Lock Confirmation

14. Product and Pricing Engine
Rate Lock Screen

15. Product and Pricing Engine
Extend Lock – highlight the line item, click ok

16. Product and Pricing Engine
Extend, Cancel or Re-Lock

17. Product and Pricing Engine
Re-Lock – choose the price in the Effective Rates Column

18. Product and Pricing Engine
Lock History

19. Product and Pricing Engine
Lock Changes View

20. Product and Pricing Engine Scenario Pricing and Rate Lock

21. Thank you for being a partner of NewRez, LLC
Thank you for being a partner of NewRez, LLC If you need assistance, please don’t hesitate to reach out to us ~ NewRez– Correspondent Division