Understanding vendor's mortgage process is important before outsourcing. Take a look at our loan process.
The mortgage industry, which is finally seeing an uptick in the total amount of business generated ($395 billion in 2015 as compared to $297 billion in 2013) faces heavy challenges in the near future because of sweeping regulatory changes. CFBP regulations demand that mortgage lenders act more responsibly so as to avoid regulatory penalties and lawsuits. Combined with an ever-growing increase in the costs, a lot of lenders are therefore looking at outsourcing their entire mortgage process; from mortgage origination to mortgage servicing.
At Flatworld, our mortgage origination underwriting services are ideal for clients looking to process loan applications, while taking care of the underwriting and loan funding operations amongst other administrative tasks. Our licensed loan originators are available 24/7 to manage both inbound and outbound calls so as to prequalify customers looking for mortgage loans, and also take loan applications. We empower global lenders to transform and streamline their loan manufacturing process while providing them with low-cost, complaint, and quality solutions.
Our mortgage underwriting and origination services are aimed at easing the origination process for lenders with solutions that help to streamline their loan manufacturing. Our team is comprised of expert loan and credit professionals who possess a broad range of capabilities and leverage the latest technology and their industry expertise for both large and small-scale mortgage lenders. Our services include -
Presently, the mortgage lending industry is facing tough challenges owing to frequent consolidation by the big few, reduced incoming loan volumes and increased regulatory scrutiny. As a result, companies need to stay competitive and remain profitable if they want to stay afloat in such testing times. Our mortgage loan underwriting services help lenders meet some of the more common challenges prevalent in the industry, while providing their customers with high-quality services. Let us show you how we do it -
A complete lack of integrated loan origination offerings
We provide our clients with a robust loan origination platform, along with other related mortgage services under one roof for better costs savings. We have exceptional end-to-end mortgage operational management capabilities.
Loan volume fluctuation
We offer dynamic and intensely scalable workforce solutions with the ability to ramp up or ramp down in the space of a day. This coupled with our flexible pricing modules ensure enhanced client satisfaction
Aligning business volumes to cost structures
In certain cases, we also offer a "Pay-as-you-go" variable pricing model for better cost predictability
Stringent regulatory compliance
Our services offer robust regulatory compliance with the help of in-depth reporting features, thereby ensuring zero regulatory headache
Our processes are built around the tenets of process efficiency which help to reduce fixed costs while allowing you to observe radical productivity improvements
With more than a decade's experience behind our backs, we offer our clients several inherent benefits such as -
At Flatworld, we make it our business to offer robust, end-to-end mortgage origination underwriting services. We have worked with clients spanning the residential, leisure, commercial, retail, and business mortgage sector, and our expertise ensures quality delivery which our clients love!
Our detailed procedures and complete underwriting functions further allow you to make business critical decisions efficiently, while remaining compliant with all regulations. Contact us right away for mortgage services which would help you achieve your goals faster!