Our Services to mortgage
brokers (net branches included) can be classified into two categories
1. Lead Generation Services
- Take the loan application
- Collect signed disclosures
- Collect borrower docs
2. Loan Processing Services (Conventional and FHA files)
- Order appraisal and title
- Order payoff and subordination agreement (if
necessary)
- Verify disclosures are accurate and complete (very important for audit)
- Review credit report, bank statements, pay stubs &
W-2's
- Submit loan package to lender
- Clear lender conditions
- Contact hazard insurance company for new mortgagee
clause
- Prepare fee sheet for review by broker, then submit to
lender
- Coordinate closing schedule
- Follow up to confirm closing was successful
- Assemble a Post Closing loan package and deliver to
broker
- HMDA compliance (LAR)
- Audit Compliance (FREE on all CLOSED files)