Mortgage Process Events Testimonials

Mortgage Process at Flatworld Solutions

Flatworld Solutions has been offering mortgage solutions to mortgage professionals, bankers, brokers and lenders across the globe for over 10 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
Loan Setup
01
  • Splitting document and indexing to appropriate folders
  • Completing 1003 and other forms in LOS
Loan Processing
Loan
Processing
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
Underwriting
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
Closing
04
  • Closing document preparation, and final review
  • Clearing closing conditions and sending closing instructions
  • Preparing the Prelim HUD and Reviewing the Final HUD
  • Scheduling and coordinating closing
Shipping/Loan Delivery
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
Post Closing
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.

Our Process

Our Process

Understanding vendor's mortgage process is important before outsourcing. Take a look at our loan process.

Resources

Resources

Outsourcing mortgage services to Flatworld Solutions can help you streamline your operations.

Free Quote

Get a Free Quote

Tell us your requirements and get a free quote.