In the event a client has any questions
or concerns regarding the mortgage
or the mortgage documents they will be
directed by the assistant to contact
the broker or associate personally, as per
R.E.C.A. guidelines
Why not outsource your processing?
Loan processing is arguably the most tedious, labour-intensive, yet critical task in the mortgage industry.
The complexities of changing loan products take the focus of your valuable time away from your area of expertise--loan origination. As an originator, increasing sales is the heart of your business, not pushing paper.
By outsourcing your processing you can increase your internal productivity and efficiency, and at the same time, reduce costs and increase profit.
Loan processing is our sole business.
OutSource Mortgage Processing's resources, trained expertise in second mortgage processing and innovative solutions have enabled its clients to achieve faster closure on refinances with higher quality.
Do you have loans that are taking forever to close?
OutSource Mortgage Processing services enables second Mortgage Lenders, Brokers and Associates to focus on more Revenue and Growth, while we do your paperwork! We can help you realize your goals! Our goal is to be your personal assistant!
From signed commitment
to closing ONLY $199.00
per file, plus GST
Benefits of outsource mortgage processing
- Helps you offload non-core functions of your business without losing control in the process
- Reduces overhead and frees up resources to increase your revenues
- Improves speed and service
- Increases overall customer satisfaction by shorter closing cycles
- Eliminates staffing problems
- Minimizes capital expenditures
From signed commitment to closing we will
- Provide you and your client one assistant throughout the entire file process providing personalized professional service with updates available via telephone, email or fax
- Submit signbacks to lender
- Collect, review and verify all outstanding conditions, including proof of income
- Send signed authorization forms for mortgage information statements and payoff's to financial institutions
- Order appraisals from lenders approved list, appraisals can be received and reviewed by your assistant, or sent directly to you
- Land titles will be ordered and reviewed upon request only
- Your personal assistant will notify you immediately of any discrepancies in the documentation provided by client or a third party
- Forward completed loan package to lender and clear all underwriting conditions, coordinate with the lender, lawyer or title insurance company to ensure hassle free closing
- After funding we will provide a complete closed paper file for your records and send thank you cards to the client on your behalf