Outsource Loan Processing Support for Mortgage

From initial application approval to closing, acquiring a mortgage loan is a tedious, time-consuming, and labor-intensive process for lenders, borrowers, real estate agents, sellers, and anyone else directly or indirectly linked to the mortgage transaction.

At Outsource2india, we believe that with the right tools, access to the latest technology, and with professional mortgage assistants, mortgage loan processing times be dramatically reduced, thereby leading to faster closings and better business growth. For the past 20 years, we have worked with global mortgage lenders and provided our efficient processing support services across the complete mortgage lifecycle. From loan origination to processing support, servicing, pay-off, and lien satisfaction, we ensure that all your requirements are taken care of by our in-house mortgage specialists.

Mortgage Processing Support Services

Our niche mortgage processing services help clients rapidly adapt to changing market conditions while improving their customer retention numbers and satisfaction ratings. Our Mortgage Support Services include -

We also offer the following Mortgage Support Services

1. Document Collection

   One of the major reasons for the delay in mortgage processing is improper or late collection of documents. Our services ensure that the whole process of collecting documents pertaining to the mortgage loan application is completed in as short a time as possible. We can assist you while you collect all the required documents -

   • Bank statements, pat stubs, W2s, etc.
   • Bank/mortgage/pension statements
   • Divorce decrees and escrow documents
   • Child support documentation
   • Property flood certificates and homeowner's insurance documents

   If required, we can also help with preparing loan estimate (LE)

2. Reviewing Documents for Compliance

   We specialize in stringent document review throughout the entire process of document preparation and fulfillment. Our solution can easily deliver thousands of mortgage documents on a per day basis related to both servicing and loss mitigation, each of which has been suitably reviewed for compliance. We can review -

   • Borrower's authorization documents
   • Forms 1008 & 1003, W2s, LE, etc.
   • Any other documents as per your request

3. Credit Scoring

   With the help of our expert credit scoring support services, you can make better lending decisions while receiving richer, more predictive trends in credit scoring behavior by FICO, 3-Bureau, etc. We can -

   • Perform credit check for all your borrowers on a regular basis
   • Pre-screen credentials
   • Check the latest social security status
   • Review existing loans (with MERS)
   • Check for any defaults in payments and tax returns

4. Credential Verification

   As per our client's request, we can also perform a thorough and in-depth verification of -

   • All user submitted documentation
   • VoE, VoM, VoD
   • Sale history of the property

   If required, we can also actively monitor all federal and state-specific forms on a per-user basis and deliver timely reports for the same

5. Mortgage Loan Quality and Retention Support

   We make sure that the loans you approve do not end up as bad loans. From borrower portfolio to correctness and compliance checks we will scrutinize every aspect of the loan to ensure it is in spec with the mortgage laws and regulations.

6. Mortgage User Experience Support

   We can help you enhance the experience of users who land on your business website. To do so, we will make the discovery of services easier along with other information. This enables your mortgage clients to take decisions in an informed manner.

Why Choose O2I for Mortgage Process Outsourcing Support?

Over the years, we have partnered with several top-tier mortgage lenders and have provided end-to-end assistance for mortgage services as per their exact needs. Our value proposition lies within the following -

• Industry Expertise - Our diverse industry-specific knowledge and over 20 years of proven service experience allow us to effectively anticipate the changing demands of the mortgage industry and tailor our services to the same
• Cost Savings - Over the years, we have fine-tuned our processes to rely on proven process automation methods while hiring highly-trained resources who are skilled and knowledgeable in the mortgage business. This translates into better cost savings for our clients
• Customized Solutions - Our solutions are tailored to each individual client's support needs, their business model, and their balance sheets. Our proprietary LOS and other related mortgage technology systems help to automate loan processes for better efficiency, productivity, and scalability

Read our article which lists down the different benefits of hiring a mortgage loan processing company.

Outsource2india - A One-stop-shop for Reliable Mortgage Loan Processing Assistance

Our deep understanding of all compliance and regulatory issues, combined with our skilled pre-qualification support, pre-processing support, and mortgage title support services support allow our clients to achieve their business goals in a cost-effective manner. We pride on delivering superior quality residential loan processing support services for VA, Jumbo, Down payment assistance programs, HARP II, and any other niche programs for portfolio lenders.

Contact us now for timely and cost-effective assistance to mortgage loan processing services.