The Direct Bid Process
In a normal mortgage application, brokers and lenders control the process – meaning they shop rates, consider bids, and decide what fits for you.
We do things differently. Our Direct Bid Process puts you in control, creating competition for your mortgage and allowing you to decide which bids to consider.
Here’s how it works:
- Apply Online. You complete and submit our simple online application through the Origin homepage. If you need help, Mortgage Advisors are always available by phone or live chat. Completing an application does not commit you to accepting a bid.
- Challenge Lenders. We invite lenders to join a transparent bidding process for your mortgage! Within 4 hours, you’ll receive three competitive bids from lenders. As always, we’ll be available every step of the way to answer any questions.
- Consider Your Options.Once you’ve had time to consider the bids, you’re free to:
- Choose one of the lender bids to consider further
- Choose not to consider any of the lender bids
- Choose to pursue one of the lender bids right away with the help of a Mortgage Advisor
Note: Choosing one of the bids does not commit you to accepting a mortgage. Commitment only comes after you have signed official mortgage documents.
- Finalize. Should you choose to accept a bid, the process can be finalized in as little as 48 hours. After your chosen lender has been provided with your personal documentation, the lender will begin a qualification process. Your Mortgage Advisor will work with you to ensure all necessary documents are provided.
The entire Direct Bid Process can be completed in as little as three business days, but on average takes eight business days from start to finish.
Get started! Apply Now.
