Siize Clear sample file
A fictional brokerage’s pipeline and one DSCR purchase for an LLC, closing in 6 business days, worked end to end: 11 conditions reviewed against the lender’s guideline, the insurance binder, title commitment, operating agreement and bank statement with each finding circled, correction requests with secure upload links, a live asset tie-out and a package in the lender’s order. Everything runs in the browser; nothing is saved.
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.