Whether you are a mortgage banker, lender, or credit union we make your loan boarding process easier, efficient, & cost-saving with our support
Are you inundated with loan application backlogs? Are you often moving deadlines to buy time for your team to cope with increased workload? Are competence issues and pricey quotes making you feel skeptical about hiring a full-time professional? If so, you are not alone. Companies partner with providers like us because we charge our clients only for the service which seems to justify the purpose of outsourcing mortgage loan boarding support services.
At Flatworld Solutions, we prevent your workflow from becoming stalled due to high operating expense. To do so, we offer customized mortgage loan boarding support services such as 90-day regular loan boarding, and 30-day priority loan boarding. Our services can cleverly curb wastage of your valuable time and expense. So, count your gains by outsourcing your needs to a mortgage loan boarding support service provider like FWS.
Mortgage Loan Boarding Support Services We Offer
The mortgage loan boarding support services from Flatworld Solutions is a service you can count upon in all weather because we can handle your needs no matter how challenging it is. Over 100,000 loans have been processed by our team including BTL, non-performing, and second lien variants. We handle all types of loan-boarding needs from banks and mortgage institutions. Our mortgage loan boarding support services include -
1. Pre-purchase Analysis Flatworld Solutions provide the best mortgage loan boarding outsourcing support services because we have the skills needed to extensively run analytics to determine the accuracy of loan portfolios before the boarding process. From correctness to availability of crucial loan documents we will thoroughly evaluate the needs to determine if there are fallacies unnoticed in the preliminary evaluation. The inaccurate data will be flagged to prevent payment complications.
2. Extraction of Data and Document Indexing Your client's mortgage data can be quickly searched and retrieved by outsourcing your loan boarding needs to us. Whether it is the reconciliation of data integrity or obtaining data from mortgage documentation, we can deliver what you need at a fraction of the cost. By blending technology and data extraction strategy, we can efficiently fetch select mortgage data via the OCR software. We use loan servicing software to obtain data that is essential for your business.
3. Automated Reporting & Identification of Deficiency We use software suites to create concise reports that include the information you need. Fundamentally, reports we generate will indicate incomplete loan types and other discrepancies before loans are boarded. Our smart algorithms can identify deficiencies so that you can increase the chance of selling loans that are easily sold as securities. Our reports will ensure that you are always informed with reliable data.
4. Mortgage Data Documentation Services Accuracy can be a concern when a large volume of the loan portfolio is involved. We will load your client's loan portfolio into the service platform without lag. Our team will work efficiently to complete the boarding process in quick TAT.
5. Centralization of Mortgage Workflow If you are looking for a mortgage loan boarding support services for on-going subscription, we can stay committed to your project and deliver consistent results. We can help you reduce the operational cost by cutting out the task to several professionals. With this, you can save over 30% of the origination cost.
Mortgage Loan Boarding Process We Follow
Transparency in the loan boarding process helps you understand how we deal with challenges that were hard to resolve on your own. When you understand the efforts, we take you would feel confident about our professionals and their skill. The mortgage loan boarding process is as follows -
01. Problem Discovery
We will collect information on your existing workflow to understand drawbacks, discrepancies, and compliance with standards
02. Document Availability and Compliance Checks
The availability of necessary documents will be checked to avoid delay in the loan boarding. We will check risks, compliances, and other aspects to streamline the process
03. Eligibility and Property Appraisal
Our team will thoroughly check if your client's mortgage loan portfolios meet the prescribed standards. We will carry out desk & field review to leave no stone unturned
04. Quality Assurance
The mortgage loan boarding support services will entail comprehensive audits that will check if the reported data is complete and accurate
As evaluation by our QC experts, we will compile the information to create a comprehensive report that is readable and clear about the process
Why Choose Flatworld as Your Mortgage Loan Boarding Support Service Providing Company?
Flatworld Solutions is a top choice when it comes to choosing the best mortgage loan boarding service providing company. This is because we have a systematic workflow that is easy to comprehend, and we allocate the tasks to the team who are competent and know the nitty-gritty without becoming overwhelmed. Here are more reasons why people consider our support for mortgage loan boarding -
Certified Mortgage Loan Boarding Service Company
Flatworld Solutions is an ISO 9001:2015 certified professional loan boarding expert with 16 years of industry exposure in various mortgage services.
Data Security and Privacy
At Flatworld Solutions, we follow ISO/IEC 27001:2013 accredited security and privacy compliances that will always keep your data protected from unauthorized management and potential hazards.
Guaranteed Accuracy and Quality Service
The quality is a top concern where we always take timely measures to audit the performance. We scrutinize every aspect of the loan portfolio before it is approved for boarding.
Quick Turnaround Time
We know that clients like services that come assured with a quick TAT. While it is a fact of the matter that accuracy can suffer when decisions are rushed, we take prudent measures to ensure that our services are executed 40% faster while the quality is given equal importance.
The mortgage loan boarding services can be scaled in any way you prefer. We support easy scaling because we understand that loan volume can evolve during the project.
We always keep track of the loan boarding process to ensure adherence to compliance. We have a dedicated team of quality control experts who will manually verify that the compliances are always met irrespective of the complexity.
You can always get cost benefits by working with us because you can save up to 40% of your expenses by outsourcing mortgage loan boarding rather than hiring a certified loan boarding specialist.
Single Point of Contact
You can get a dedicated manager assigned to provide guidance and report from time-to-time. Our project lead is highly available to resolve nearly all the challenges you face during the project.
A Trustworthy Team of Loan Boarding Experts
Having 10+ years of experience in mortgage loan boarding services, our team of specialized loan boarding experts is certified to manage your project without deviating from the SLA. Our team complies with the NDA to maintain the confidentiality of the project.
At Flatworld Solutions, we use a savvy infrastructure that is Cloud-based and supported by robust hardware. We have housed our resources in a secure brick and mortar facility where the access is restricted to people who are approved to handle your requirement.
Secure Data Sharing
We provide our clients access to SFTP and VPN that facilitates data movement without risk of attacks. You can upload files on our Cloud-based storage, and we will retrieve the same from our end.
We value your concerns and therefore provide the necessary support to ensure that you assisted personally during and after the project. This will leave you free from worries related to the mortgage loan boarding.
Client Success Stories
FWS Helped A Mortgage Lender Improve Conversions by 15%
Robust underwriting support was provided to a mortgage lending client to enable 15% of their loan volume to scale up. The client was fretting about the accuracy, but we delivered 100% satisfying results.
Flatworld has 16 years of experience in mortgage services and our success is driven by a team of skilled mortgage specialists who are adept at mortgage loan boarding, mortgage processing support, and much more. Over the years, we have enhanced the loan processing efficiency of mortgage companies who approach us for our specialty in nearly all mortgage issues. We have always earned recognition for delivering services within a tight turnaround time and holding on to our clients longer than other providers.
Contact us by your preferred channel and talk to us about your requirements. We assure you a free quote and that will help you achieve the best results.