Mortgage Process

Flatworld Solutions has been offering mortgage solutions to mortgage professionals, bankers, brokers and lenders across the globe for over 16 years. Our mortgage services are streamlined, process-oriented, and focused on internationally accepted standards, and help our clients get best return on their investments.

Have a look at our detailed mortgage process flow:

Loan Setup

01

• Splitting document and indexing to appropriate folders
• Completing 1003 and other forms in LOS

Loan
Processing Support

02

• Initial QC, Credit check, and Pre-approval
• Ordering & receiving third-party docs (Title, VOE & HOI)
• Fetching case numbers for FHA and VA loans
• Reviewing complete file & all supporting documents
• Running DU/LP and ensuring there are no red Flags
• Submitting the file for Underwriting

Underwriting Support

03

• Reviewing Asset, Income, and Title report
• Appraisal review and revision request
• Reviewing AUS findings and clearing conditions
• Final sign-off and approval for funding

Closing Support

04

• Closing document preparation, and final review
• Clearing closing conditions and sending closing instructions
• Preparing the Prelim document and reviewing the final document
• Scheduling and coordinating closing

Shipping/
Loan Delivery

05

• Preparing and reviewing loan packages
• Uploading documents on the Investor's portals
• Filling up loan delivery form and submitting the package

Post Closing Support

06

• Trailing document retrieval
• Post-closing compliance audit
• Quality control audit

Contact us today, to learn more about our mortgage process, and outsource your mortgage requirements.