Outsource Mortgage Processing Services
From basic application approval to closing, acquiring a mortgage loan is a time-consuming, tiresome and labor-intensive process for lenders, real estate agents, sellers, borrowers and anyone else directly or indirectly linked to the mortgage transaction.
At Outsource2Rescue, we believe that with the access to the latest technology, right tools, and with professional mortgage assistants, mortgage loan processing times be dramatically reduced, thereby leading to faster closings and fast business growth. For the past 4 years, we have worked with global mortgage lenders and provided our effective processing services across the complete mortgage lifecycle. From loan origination to processing, pay-off, servicing and lien satisfaction, we ensure that all your requirements are taken care of by our in-house mortgage experts.
Our Offerings for Mortgage Loan Processing
Our efficient mortgage processing services help clients to quickly adapt to competitive market conditions while improving their customer retention numbers and satisfaction ratings. Our services include -
Document Collection
Improper or late collection of documents is one of the major reasons for the delay in mortgage processing. Our services ensure that the whole process of collecting documents pertaining to the mortgage loan application is completed in as quickly as possible. We can help you with collecting --
- Bank statements, pat stubs, W2s, etc.
- Bank/mortgage/pension statements
- Divorce decrees and escrow documents
- Property flood certificates and homeowner's insurance documents
- Child support documentation
If needed, we can also help with preparing TIL and GFE disclosures
Reviewing Documents for Compliance
We mastered in stringent document review throughout the entire process of document preparation and fulfillment. O2R’s solution can easily deliver thousands of mortgage documents on daily basis related to both servicing and loss mitigation that can be suitably reviewed for compliance. We can review -
- Borrower's authorization documents
- Forms 1008 & 1003, W2s, GFE, TIL, etc.
- Any other documents as per your request
Credit Scoring
With the help of our specialist credit scoring services, you can make better lending decisions while receiving richer, more predictive tendency in credit scoring behavior by FICO, 3-Bureau, etc. We can -
- Perform credit check for all your borrowers on a regular basis
- Pre-screen credentials and FHA authorizations
- Check the latest social security status
- Review existing loans (with MERS)
- Check for any defaults in payments and tax returns
Credential Verification
As per our client's need, we can also perform a thorough and in-depth verification of -
- All user submitted documentation
- VoE, VoM, VoD
- Sale history of the property
If needed, we can also actively monitor all state specific and federal forms on a per-user basis and deliver timely reports for the same
Why Choose O2R for Mortgage Loan Processing Services?
Over the years, we have associated with several top-tier mortgage lenders and have provided end-to-end mortgage services catered to their needs. Our value proposition lies within the following –
- Industry Expertise: Our vast industry-specific knowledge and the extensive scope of our proven services permit us to effectively anticipate the changing and upcoming demands of the mortgage industry and cater our services to the same
- Cost Savings: Over the years, we have improved our processes to trust on proven process automation methods while hiring highly-trained resources who are knowledgeable and skilled in the mortgage business. This translates into better cost savings for our clients
- Customized Solutions: O2R’s solutions are catered to each individual client's support needs, their business model and their balance sheets. O2R’s proprietary LOS and other related mortgage technology systems help to automate loan processes for better productivity, efficiency and scalability
Outsource2Rescue - A One-stop-shop for All Your Mortgage Loan Processing Requirements
O2R’s deep understanding of all compliance and regulatory issues, along with our skilled pre-qualification, mortgage title services and pre-processing allow our clients to achieve their business targets in a cost-effective manner. We pride on delivering high quality residential loan processing services for Jumbo, FHA, VA, Down payment assistance programs, HARP II, and any other niche programs for lenders. Contact Outsource2Rescue now for timely and cost-effective mortgage loan processing services.