Every condition reviewed before the underwriter sees it.
Upload the approval and the documents. In about 3 hours Siize Clear reviews every condition against the lender’s guideline, tells you exactly what clears each one, drafts the letters and chases title and insurance for the corrections. The file goes back once, complete.
The bottleneck
At the best wholesale lenders, each round of non-QM conditions takes 48 hours or more, and rounds come back with new conditions: a mortgagee clause one word off, a missing month of statements, an operating agreement nobody read. Siize Clear reviews every condition before it goes back, so the file goes back once.
What it checks
- Insurance: mortgagee clause and ISAOA wording, loan number, rent loss, dwelling coverage against the loan amount, effective dates, address.
- Title: proposed insured and amount, vesting in the borrowing entity, commitment date, Schedule B-I requirements.
- Entity: operating agreement authority, members and percentages, good standing date, EIN, guarantors.
- Assets: consecutive months, gaps, large deposits traced, transfers matched, cash to close and reserves tied out.
- Letters of explanation drafted from the borrower’s own answers for the borrower to sign.
- One package in the lender’s order with a cover memo.
How it works
- Upload the conditional approval and the documents.
- Every condition reviewed in about 3 hours against the lender’s guideline.
- Corrections requested from title, insurance and the borrower with secure upload links, re-reviewed on arrival.
- One complete package for the underwriter.
$99 a file until clear to close · 10 files for $890 · $79 a file for Siize Studio loan officers.
Open the sample file: a 2-unit DSCR purchase, every condition reviewed.
Questions
What is Siize Clear?
An automated condition review service for non-QM loan officers, brokers and processors. It reads the lender’s conditional approval and every document in the file, reviews each condition against that lender’s guideline and closing instructions, says exactly what clears each one, drafts the correction requests to title and insurance and the letters of explanation, and builds one complete package in the lender’s order.
How fast is the review?
About 3 hours from upload, best efforts. Corrected documents are re-reviewed as they arrive.
What does a file cost?
$99 a file, prepaid, until clear to close: every condition round, the requests, the letters and the package. Ten files are $890. Loan officers whose site is hosted by Siize Studio pay $79 a file. Launch offer: buy 3 files, get 2 more free.
Who makes the credit decision?
The lender’s underwriter, always. Siize Clear prepares and checks the file, drafts letters for the borrower to confirm, and drafts requests for the loan officer to approve. It never alters a document and reviews eligibility, never pricing.
Do you contact title companies and insurers?
Only with the loan officer’s approval. Each request is drafted for approval, sent with the minimum information needed, and includes a secure link for the corrected document.