Mortgage Process at Flatworld Solutions

Flatworld Solutions has been offering mortgage solutions to mortgage professionals, bankers, brokers and lenders across the globe for over 11 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.