RMLO Services

To fully comply with Dodd-Frank provisions and to keep our client investors fully compliant with the law, we offer a one-stop origination service.

About Our RMLO Services

OFN Processing Services

In the sphere of owner financing, the RMLO acts as a loan processor for informational gathering services. Their job is to obtain financial information on the consumer so that the seller/lender has the ability to ensure they can afford the home, to ensure the seller is providing proper disclosures under RESPA, and to help the seller comply with the SAFE ACT as well as the DODD FRANK ACT when its applicable.

The Owner Finance Network always recommends the use of a RMLO even if the seller may be exempt. Using a RMLO ensures compliance with all state and federal regulations, it tends to make the buyer more comfortable with the process, and it takes the guess work out of each transaction on behalf of the seller.

It is important to remember that the RMLO simply gathers information, they do not substitute for the seller’s decision and approval process for their perspective buyer.

Another benefit to creating an RMLO loan package is if one of your exit strategies is selling the mortgage. This creates a fully documented, pretty packaged loan which could sell at a higher rate if your note buyer feels comfortable that the transaction was properly originated.

At the Owner Finance Network, we hope you will always consider the use of an RMLO.

If you would like to get into contact with us about your RMLO needs, fill out the form!

Have an Inquiry?

Other Services

RMLO
admin

The Ability to Repay Rule

https://youtu.be/KlOmEA1sHk0 The ability to repay rule Is the obligation that you, the lender have to consider and document that your buyer has the ability to repay their monthly mortgage payment. How do you do that? It’s simple! If you use an RMLO, we will gather

Read More »

Ready to Take the Next Step In Your Business?

We have several paid courses to that will go more in depth into these topics and help you navigate the tricky world of real estate investing.
Not Enrolled

Owner Financing For Realtors

Learn how to help sellers who can't sell, and buyers that can't buy in the marketplace.

See more...

Not Enrolled

The Subject to Academy

An online video training program featuring Real Estate/Title Attorney and Investor Scott Horne and Real Estate Investor Brian Carlson. Combined they have completed over 7,000 Owner Finance Transactions and specialize in buying properties Subject To the existing debt.

See more...

Not Enrolled

1 Day Recorded Training on Owner Finance Real Estate Investing

7+ hours of recorded training from one of Scott Horne's live trainings on owner financing (June 2020) and how you can mimic a bank's business model when it comes to real estate.

See more...

Not Enrolled

Everything You Need To Know About Liens

3+ hours of recorded training from one of Scott Horne's live trainings on Liens which will help you learn how to find, navigate, and remove any liens on a property so that you can acquire more deals and increase your profit margin.

See more...

Not Enrolled

Owner Finance Real Estate Investment Training

This course will teach you owner financing and how you can mimic a bank's business model when it comes to real estate.

See more...


OFN Processing Services, LLC. provides RMLO Loan Origination Services Company NMLS #1819300

sylvia@OFNprocessing.com

Need to get into contact with Owner Finance Network Processing Services?

Fill out the form so that a representative can get into contact with you about your needs.