Challenge: Inconsistent loan volume can make it difficult for lenders of all sizes to maintain consistent profit margins. Furthermore, hiring full-time specialized loan processors for each step in the loan processing cycle can be costly, especially during market downtimes.
Solution: We offer outsourced loan processing services that cover every incremental step of the cycle, from loan application receipt to loan closing to servicing transfer, thereby replacing the need for expensive in-house loan processors.
Normally a file is reviewed within 24 hours of receiving it. As you know, the processing time for a file depends on a number of factors including the type of loan, how complete the file is when submitted to us, how quick the title companies and appraisers are, how cooperative your borrowers are, etc. Taking this into consideration, it is in everyone’s best interest for us to complete the process as quickly as possible.
All correspondence from us will indicate that we are the processing center for __”Your”__ Mortgage Co.
Once a file is closed, we provide you with a secure link to an electronic copy of the final package for your records.
Please see our pricing.
We send an invoice to escrow/title. Our fee is added to the CD as the processing fee and we are paid from escrow similar to any other 3rd party charge.
Ultimately, compliance is the broker’s responsibility. However, we will assist you to help make sure all issues are covered.
Simply complete a loan processing agreement and fax it to us at 678.956.6977, or email it to processing@asmoothprocess.com. There is no waiting period so we can get started as soon as your files arrive to us.
Why not outsource your loan processing?