What is Lending Pad ?

Lending Pad is a user friendly LOS. It offers tools including origination links for borrowers to start and complete their loan applications. The learning curve is easy for those with experience in Calyx or Encompass.

What is your Lender Paid Comp set at?

Our comp plan is set at 2.00 with our wholesale lenders. This often allows for very competitive pricing along with a healthy commission payout for LOs. We allow the option for borrower paid comp as long as the origination fee is set at a minimum of 50 bps to cover the TSG admin fee.

How can I run credit?

Once a complete 1003 is in the LOS, we can then invoice the LO or the borrower for the credit pull. Credit will be run after the invoice is paid and the report will be imported into the file.

Why the monthly fee?

This allows LOs to gain access to our LOS and wholesale lender portals to price loans and generate pre-approvals. In addition, LOs receive a personalized TSG email account for a professional look with clients.

Do I need to be licensed with the CA-DFPI?

Yes. TSG Lending is licensed as a CFL through the CA-DFPI. We cannot accommodate those MLOs with only a DRE license.