New Policies

Be sure to read this. Your future commissions will be impacted. Innovativewill not pay commissions on any loans that are originated outside of thescope of these new policies.
Unfortunately, due to the rampant fraud throughout the industry we have nochoice but to implement these policies for all Loan Associates/Originators.
1. ALL new loan applications, for registrations received today andhereafter, must be processed by a company approved processor. Currentlythere are only three company approved processors, but we will be addingmore as deemed necessary. Self processing is no longer permitted for anytype loan.
Justine Vega SalezTrax processit@saleztrax.com
(727) 483-9820 (727) 483-9984
1920 W. Bay Drive, Ste 2 Largo, FL 33770

Maureen Mericle Couture Processing
Maureen@coutureprocessing.com
(727) 942-7617 (877) 262-4753
194 Vermont Avenue Tarpon Springs, FL 34689

Joy Lauer Accredited Processing jalauer@tampabay.rr.com
(727) 386-5713 (727) 494-1479
P.O. Box 80 Safety Harbor, FL 34695

2. Two forms of identification are required for ALL loan applicants.Valid forms of identification can be viewed on the attached I-9 form.Identification MUST consist of one item from List 'B' and one item from List'C' for a total of two forms of identification. See I-9 list attachedbelow.
3. Tax Transcripts are now required on ALL loans. The Loan Processormust have signed off on the tax transcripts to validate that the income hasbeen cross referenced. Transcripts run $25 and can be ordered throughAdvantage Credit under your current account with them. To avoid unnecessarycost, the transcript may be ordered once the loan is approved, prior toclosing. Transcripts take 3-5 days so be sure to leave yourself enough timeas to when you authorize the loan processor to request them. Remember tohave your borrowers sign a 4506T as well so that the transcripts can beordered.
As an alternative to ordering the transcripts, in aneffort to avoid the additional cost, we will accept those provided by thefunding wholesale lender. Not all lenders are willing to provide the brokeror actually pull a transcript, so be prepared to supply one in the eventthat you or the processor cannot obtain it from the funding lender.
It is not our intent to restrict your ability to originate businesseffectively and efficiently. These policies will help Innovative ensure theadditional Quality Control necessary to filter any potential 'bad' loans.Our goal is to continue to keep our doors open in order for you to continueto operate your business while being compensated as aggressively aspossible.
Bryan P. EhrlichPresident
Corporate Mailing Address:1430 Flores CourtTrinity, FL 34655
Office: 727-372-8059Fax: 727-489-9504E-Mail: Be@TheMortgageIsRight.com