In this article we will discuss the following:
A simple overview of Payouts
A detailed overview of Payouts
Other helpful tips and tricks for Payouts
**There is a $15 platform fee per order + Stripe processing fees (2.9% + 30 cents).
Simple Payouts Overview
Payouts with lenders occur through the "Payouts" functionality in the Integrations tab.
Find the "Setup Payouts" bar in the Integration panel.
Click the "Provide More Details" button to set up your payment information.
Follow the steps on the screen.
You will be paid once the order is completed.
Detailed Payouts Overview
Begin by entering your phone number and email address on the form that appears on your screen (Account > Integrations > Payouts).
You will get a text message with a verification code to the phone number you entered. Enter the verification code on the screen.
Next, select your country and type of business.
**Note: Payouts and the UWM Appraisal Direct program are currently only
available for users in the United States.
**Note: Use the "Company" business type to enter your EIN.
Select your business structure based on the business type you just chose.
Fill out all of the fields that appear on-screen. Some fields may be marked as optional.
Enter your bank account details so when payouts happen, they will be delivered to your account.
Submit the details to confirm the setup.
Tips & Other Helpful Information
You must enter a US address and phone number in the Stripe form. PO Boxes are not valid for this feature.
SSN is required for your own protection and security. If Stripe does not have access to that information, anyone could sign up pretending to be you and start requesting payments on your behalf.
The following fields can be updated:
Date of birth
Business tax ID
Tax ID registrar
Personal ID #
The following fields CAN'T be updated:
**Anow is a technology provider and NOT an AMC.