Flatworld’s Workflow-based Loan Processing Helped Residential Mortgage Lender Grow His Business from $1BN to $10BN in a Year
The client is one of the leading Texas-based residential mortgage lenders. They have over 100 employees based over 4 different branches and are one of the fastest-growing loan origination and servicing companies.
The client was looking for a reliable workflow-based loan processing service providing company that could help them with cost-effective services. They were looking to ramp up the funding from 500 to 1500 loans per month. They wanted a partner who could help them ramp up and meet the deadlines caused due to increasing demands.
Our team at Flatworld Solutions had to face a few challenges while implementing the workflow-based loan processing project. Some of the key challenges we faced during the project were -
- We had to gather all the documents and ensure that they were compliant with the loan program.
- We had to classify and key in the data from the different documents we received.
- We had to collect the additional data and verifying the required information.
- We had to sort out the inaccurate paperwork with no title or deeds.
- We had to juggle among several responsibilities while delivering the best quality services.
Keeping the client’s requirements and business challenges in mind, our team at FWS devised a solution for the client. We verified each of the documents for completeness, accuracy, and if they comply with the loan program. We helped the client with accurate and highly error-free workflow-based loan processing services which would suit their business requirements.
The client was extremely impressed to see the results garnered by our team with the loan processing services. The client was able to ramp up their loan processing capacity and grow its assets from less than $1BN to over $10BN in a year. They were not only impressed by the quality of the services provided by our team but also the cost-effectiveness of the entire project.
Outsource Loan Processing Services to Flatworld Solutions
Flatworld Solutions has been a pioneer in providing quality mortgage loan processing support services and a series of other mortgage support services to global clients. We have some of the most experienced and skilled loan processing experts who can take care of all your requirements with ease. We leverage the latest tools and technologies while delivering the best quality services.
If you are looking for an efficient and cost-effective loan processing service providing company, then you have come to the right place. Get in touch with us today!