Outsource Mortgage Loan Setup Services
Our holistic loan set up services helps you ensure greater efficiency, improved accuracy and faster turnaround times
Expert Mortgage Assistance provides comprehensive back-office support to your loan set up requirements. Our wide experience in effectively ordering and tracking required loan documents, processing loan origination and improving process flow for closing and funding will assist you immensely in making your operations leaner, more transparent and accurate, and time-bound. We leverage our expertise in the mortgage process support and our proficiency with industry standard software packages to help lenders achieve significant savings.
As a premier mortgage loan set up services company, we have grown organically to become the trusted partner of a large number of lenders and credit unions. We have successfully initiated protocols that have been effective at driving efficiency in the entire loan set up process. At the same time, we specialize in adapting to your requirements to give you a customized experience with our loan set up services.
The thrust of our services lies on reducing the time taken to process reports and loan documents. Our clients prefer to outsource mortgage loan set up services to us to achieve faster turnaround times and ensure complete accuracy at all times.
Our End-to-End Mortgage Loan Set Up services
Loan Document Management
We oversee the collection, review and maintenance of all supporting documents, income statements, purchase agreements that are crucial for loan approval. Details like the certificate of eligibility, tax transcripts, home insurance policy updates and insurance documentation are necessary for the loan to be approved by the underwriter. We request for all the mandatory loan documents and initiate due diligence to ensure the accuracy of components that are necessary for the approval process. With our loan set up services and we provide complete accountability for the accuracy and authenticity of the information provided in the loan documents.
Loan Packaging and Review
Our team of experienced mortgage experts assist your loan approval process by working closely with loan processors and loan officers to complete loan packaging. Completing a customer profile and facilitating loan packaging is a long and a tedious process. We enable the timely and accurate packaging of all loans originated by loan officers. We conduct a detailed review of all documents supplied by your customers and request for inaccurate or missing information during the course of the loan packaging process. Crucial details like employment status, eligibility status, home insurance policy and credit check statuses are thoroughly reviewed before it is dispatched to the loan originator.
A detailed check of the property documents is paramount to the success of your mortgage process. Any lapses in the accuracy of information of the property such as, lawsuits, unpaid taxes, discrepancy in ownership details can attract unpleasant legal consequences and culminate in foreclosures. As a premium mortgage loan set up services company we offer back-office support to mortgage title review service. We thoroughly review all aspects of the title report to ensure that there are no problems at the time of title transfer.
An efficient mortgage appraisal process plays a critical role in loan approval. Our team of mortgage experts liaise with partners to ensure that property inspection and report generation happen according to the turnaround times directed by established SLAs. We review appraisal reports to spot inaccuracies if any. This directly translates to accurate property profile creation and reduces the risks associated with the mortgage process. All details like property sales history, location maps and tax returns are thoroughly reviewed and maintained with this service.
Our fraud review services will help you identify inconsistencies with the loan file of a customer. We assist the underwriter by incorporating preliminary fraud review steps in order to spot frauds early. By undertaking this activity, we outfit your mortgage process with a second level of security that helps uncover fraudulent activity with loans. We blend efficient industry standard practices, modern day CRM suites and a linear review process, to bring down the risk of fraud.
Why Outsource Loan Set up Services to Expert Mortgage Assistance?
We have grown to be the trusted partner of many lenders and credit unions because of our ability to provide unmatched levels of services. As a premier mortgage loan set up company, we bring a great mix of mortgage experts, state of the art technology and best industry practices to enable the transformation of mortgage activity. We follow a ‘no compromise’ approach to document verification and maintenance, so that all business-related risks stand eliminated.
Here are some of the reasons why you should outsource mortgage loan set up services to us:
- Over 8 years of experience in mortgage loan set up services
- Access to 1000+ mortgage professionals with expertise in all aspects of mortgage process
- Well-established loan set up process with comprehensive attention to every requirement
- Well established processes for underwriting, appraisal and title support
- High quality maintained through multi-tier check
- Expert group to deal with regulatory requirements
- A 24/7 work model guarantees 30% reduction in TAT
- Up to 40% reduction in per employee operational cost
- Up to 50% of work scalability
- Flexible staffing model
- 100% data confidentiality and privacy
Looking for an experienced loan set up services to empower your loan origination process? Outsource loan set up services to Expert Mortgage Assistance for robust support with your entire mortgage operation.