Mortgage lenders and brokers agree that mortgage loan processing is a painstaking and time-consuming procedure. It requires highly trained underwriters (and a large support system) to work together to move a borrower's application through the system and towards closing.
Flatworld Solutions (FWS) is a leading provider of mortgage processing services and has been working with lenders and brokers for over a decade, helping them with back-office services that save significant amounts of time and money in the processing of mortgage loans. Additionally, we preach and follow the use of the Qualified Mortgage Rule to all our brokers and lenders to ensure efficiency in their operations. Our team of mortgage specialists has vast experience working with loans of every stripe and is thoroughly familiar with the intricacies involved in each type of loan.
We provide a comprehensive range of mortgage loan processing support services. These include -
Flatworld's mortgage user experience support is designed to enhance the quality of engagement with mortgage clients. We can provide reports you can count upon to enhance the quality of customer experience. Outsource mortgage processing services to us to see a visible difference in your bottom-line.
Transferring loan portfolios and other accounts data from the system to another system is simplified with mortgage loan boarding support services. Our services are important for your business if accuracy is a concern. Since we possess the expertise in boarding portfolios of different sizes, our service is all that you will need.
The whole loan purchase review is an essential part of the acquisition, sales, and servicing of loan collateral. We are one of the leading mortgage processing outsourcing companies and will thoroughly review the loan file to ensure the availability, completeness, and accuracy of all the essential loan documents. This review will be diligently completed to mitigate the risk for vendors.
Are you approving loans without a robust verification? You could be at risk if loans become bad and salvaging the funds can be a challenge. Don't let it happen to you. Outsource mortgage loan quality and retention services to spare yourself the grueling struggle against defaulters. Our loan processing assistance can also save you significant amounts of time and money.
We review all the loan documents such as Forms 1003 & 1008, W2s, pay stubs, borrower's authorization, LE, and so on, making sure that all necessary documentation has been filed and compliant with state and federal regulations. We also obtain the appropriate VA case numbers online.
Our team at Flatworld Solutions can help clients collect all the required supporting documents. We can also order homeowner's insurance and the flood certificate for the property. That's not all! With our loan processing back-office services, we also help you with the preparation of the mandatory LE disclosures.
We do a thorough credit check of the borrower(s), pre-screening credentials, pulling credit reports ,and checking credit history, Social Security status, as well as looking out for existing loans (with MERS), any payment defaults, tax returns, and other pertinent information.
We liaise with approved, licensed appraisers and order the appropriate kind of appraisal (depending on the loan amount, loan-to-value ratio, etc.) after providing relevant information to the appraiser and reviewing the fees charged for the service.
To verify the prospective borrower's credentials, we perform exhaustive verification checks on all submitted documentation, as well as for employment (VoE), mortgages (VoM), deposit (VoD), and property sale history.
We provide a comprehensive range of additional loan processing outsourcing services that include -
Flatworld Solutions is a leading provider of mortgage loan processing support services and can help you effectively and efficiently process your mortgage loans. Some other reasons to work with us include -
We provide our mortgage loan processing support services at highly affordable rates, helping you keep costs down.
We take the security of your mortgage loan processing data extremely seriously. We are also ISO/IEC 27001:2013-certified.
All our mortgage loan processing support specialists are highly proficient in using the latest software tools, technologies, and the latest best practices to provide high-quality mortgage loan processing support services.
We leave no stone unturned and are meticulous when it comes to providing our mortgage loan processing support services.
Our mortgage loan processing support team is comprised of highly experienced professionals with industry-leading expertise in providing high-quality mortgage loan processing support services.
Our mortgage loan processing support professionals work out of state-of-the-art infrastructure facilities.
Since we take deadlines very seriously, we will always provide our mortgage loan processing support services ahead of schedule and within budget.
A leading US-based client was looking for ways to reduce their loan closing time. We used our automated MSuite software to help them significantly reduce their loan processing time.
A leading US-based residential lender was looking for reliable and efficient underwriting services. Our team at FWS helped the client with cost-effective services.
I cannot thank you all enough for all your hard work and all your assistance!! We are so blessed and thankful for the amazing work you do!Assist. VP, Disclosure Manager, Mortgage Company, Norfolk, VA More Testimonials »
Isn't it time you reaped the benefits of globalization by outsourcing your mortgage processing support tasks to seasoned professionals? Save big on costs and time while streamlining your business process and focusing on growth with the help of our loan processing advice for mortgage brokers!
Let us handle the extensive paperwork and follow-ups needed to put together the documentation for every loan. You'll find that working with us will lead to greater customer satisfaction, reduced processing times, increased revenues, and minimized expenditure on recruitment, training, and infrastructure.
Contact us now! Let Flatworld Solutions be your reliable and cost-effective partner for loan processing support.