Our Mortgage Process Outsourcing
Pre- Qualification Check’s
- Review, Sort, Categorize and Label initial documentation.
- Pre-qualify the borrower.
- Enter Data onto software systems e.g Encompass & Point.
- Deep analysis on documents.
Mortgage Loan Processing Services
- We Gather mandatory documents from the Loan Officer like Intial application, borrower paystubs, W2’s, bank statements, Borrower authorization letter etc..
- Ensure on all documents are verified as per the State & Federal Guidelines.
- Pre Underwriting Support & Submission to the Lender.
- Reviewing 1003, 1008, W2, paystubs, bank statements, borrower authorization letter, loan estimation etc.
- Setting up the loan in Encompass / Calyx application.
- Reviewing and updating the fees sections.
- Sending Initial disclosures for FHA & VA loans to the borrower.
Loan Document Management – Ordering Services
- Data Conversion Services.
- Credit Report.
- VOE & VVOE.
Pre-Underwriting Support & Submission to Lender
- Setting up the loan in Encompass & Calyx.
- Data Entry & Validation of all borrower information.
Setting up all documents and updating all fees sections –
- Calculating Income
- Reviewing Asset
- DTI Ratio
- Credit history
- List for missing information / documents
- Submit the file to Lender / Underwriter to proceed with Underwriting.
Mortgage Closing Support Services
- Reviewing Pay-off’s, collecting taxes, insurance & fees from the settlement company.
- Preparing initial closing disclosure.
- Review all required documents like Appraisals, Title, Flood certificate, Inspection reports, home owner's insurance, purchase contract's and loan Estimates.
- Reviewing closing conditions.
- Sending the closing package.