Mortgage Title Support
Outsource Title Support Services For Lenders
Title Support Services for Lenders
Are you facing challenges associated with the transfer of property title from the seller to the buyer? Are you tired addressing several legal issues which arise during the entire process? Then, it's high time you outsource title support services to an experienced mortgage support service provider, experienced and skilled enough to allow you to concentrate on your activities.
Blue Title365 has been a pioneer in providing offshore title support services for lenders for almost two decades now. We have been catering to the needs of clients from different parts of the world from different industry verticals. We have handled title support for clients of varying sizes, right from small and mid-sized companies to large corporations.
Title Support Services for Lenders We Offer
We have a highly professional team of mortgage experts who work towards reducing the delays and boost the accuracy of the title support process. Some of the key services we offer include:
Ordering
Our team works with the loan officer and gets the details of the mortgage title company and place the order for the title property. We work in a highly proactive manner which enables us to receive the title within a quick turnaround time.
Examination
In title examination, our team reviews the title received along with other details of the property such as owner history, a timeline of purchase, transaction details, buyer details, etc. We ensure that all the details are correct and updated by verifying each of the entries thoroughly.
Commitment
Our team uses state-of-the-art technologies to ensure that all the details relating to the title property are correct and error-free. This ensures that the tax filing, encumbrances, and commitment easement processes are completed in a smooth manne.
Policy Production
We generate the required documents such as the Short Form, Long Form, and owner policies by leveraging the endorsements and exceptions mentioned in the title commitment report. We follow a systematic and streamlined approach to produce the final policy which will help lenders to reduce the operational costs.
Insurance
Our team can help you order the title insurance which will ensure that your business interests are fully protected. When you outsource to us, you can rest assured that you will receive the best title insurance for your property. This reduces the risk associated with title properties.
Settlement & Closing
We can also help you with the preparation of HUD-1 or the closing statement. We help you to collate all the information such as the title company charges, document preparation charges, real estate commission fees, lender charges, survey fees, etc. Our closing services are aimed to help you execute the transfer process in the shortest possible time.
Why Choose Us for Title Support Services for Lenders?
Being a leading mortgage title support services company and having been in the industry for over 20 years now, we understand the exact requirements of the client and provide the services accordingly. Outsourcing title support for lenders to us can give access to the following benefits:
Flexible Pricing Options:
We provide our mortgage clients with highly flexible pricing options and they have to pay for only the services they render. Our prices help clients to save on overall costs and increase their revenues.
Best Infrastructure:
We have access to the best infrastructure in terms of world-class office spaces, the latest title support tools and technologies, and uninterrupted network connections, etc.
Information Security:
Blue Title 365 is an ISO 27001:2013 ISMS certified organization which ensures that all your data is completely safe with us. This may include legal, financial, insurance, client, and property data.
Experience Mortgage Experts:
We have a team of highly experienced mortgage experts who have over 100+ man years of experience and have catered to the needs of clients from different parts of the world.
Single Point of Contact:
We assign a dedicated project manager when you outsource title support for lenders to us who will be a single point of contact for all your needs 24/7
Ease of Scalability:
We have the required bandwidth and resources to scale up or down the services as per your requirements and work volume with ease
Multiple Delivery Centers:
We can deliver our title support services within a quick turnaround time through our delivery centers which are spread across time zones in different parts of the world.
24/7 Availability:
Our mortgage experts, contact center executives, and project managers are available 24/7 irrespective of the time zone you are working in to address your issues via phone or email.
Title Support for Companies
Unclear title is a common cause of concern for mortgage lenders. It results in monetary losses when title transfer between seller and buyer is overseen with the lack of fiscal prudence. If you are a lender and share the same concern, it is your responsibility to order title services to keep you safe in the event of disputes between buyers and sellers after mortgage closure. Mortgage title support services are resource-intensive tasks, which is best left to experts like us. At Blue Title 365, we possess a high-level know-how of title ordering, title analysis, property transfer rights, and title insurance. Being a one-stop solution for your mortgage needs, we have 200+ certified mortgage professionals who are adept at legal requisites and regulatory compliances to provide complete assistance for mortgage title.
Title Support Services for Companies We Offer:
If you are a mortgage title support company, it is crucial to have a 360-degree view of the property's transaction history to provide better service experience as well as to be financially secure. When you come to us for mortgage title support services we delve into the depth of property records to prevent grave delinquencies. Our service is aimed to cut the turnaround time and speed up decision making. The service we provide as part of mortgage title support are as follows:
Ordering Mortgage Title:
To avoid legal contention from coming in the way of business it is crucial to have a title insurance that safeguards lenders and buyers from financial risks. Lenders and borrowers must require a separate insurance because lender's insurance does not protect a buyer's interest. Blue Title 365orders a mortgage title on the lender's behalf to ensure that the collateral has a mortgage lien.
Title Search:
By noting the buyer's need, we search and order titles on city, county, and even specific to the area. Optionally, if you have the infrastructure to carry out a title search, we can assist you with ordering. Our expert loan officers collaborate with title companies to fetch highly-accurate title reports. We routinely follow-up with concerned stakeholders as part of mortgage title support.
Title Assessment:
A clear title brings a big relief to both lenders and borrowers. When you outsource title support services to us, we scan property title to look for unresolved disputes and irregularities. Mortgage title support service is a fraud deterrent that alerts the lender if a property is riddled with legal complications and do not qualify as an ideal collateral. In the search we look for past lawsuits, liens, defaulted taxes, and legal claims tied to the title that can affect the lender.
Title Commitment:
A commitment report is the endmost summary of title search and ordering. It encompasses the title insurance conditions. The title commitment is a mop-up process to unknot faults and peculiarities that were picked up by the title assessment service. The commitment report will facilitate mortgage closure between lender and borrower.
Mortgage Title Insurance:
If you lack the know-how of fetching title insurance for your clients, we got you covered. We offer an array of title support services which include obtaining title insurance. With broader knowledge of policy terms and compliances, we offer back-office mortgage title support where data is extracted and indexed from documents using automated tools. In this way, we ensure that your insurance requirements are met within a minimum timeframe.
Benefits Companies Can Avail by Outsourcing Title Support Services to Blue Title 365
Blue Title 365 provides back-office services for mortgage title that is aimed to mitigate or eliminate the risks faced by lenders during mortgage closure. Our services are customized to lift you out of scenarios that lead to financial losses. The benefits are more than a mere cost and time-saving. The mortgage title support for companies we provide can help you avail the following advantages-
1. Access to 200+ certified and accredited mortgage experts with over 10 years of service experience
2. 40% savings on expenditure and 70% in turnaround time
3. Customized services that match your business size and spending capacity
4. Experience the power of process automation along with higher efficiency
Title Support Services Process We Follow
From rendering customized services to making them cost-effective, we have numerous merits that emphasize why you should title support to Blue Title 365. The workflow we follow is fine tuned to streamline the mortgage processing. Here is the transparent workflow we follow to handle your project:
Document Collection: The inputs in the form of seller information sheet and commitment letter are gathered by our team from banks and other sources. We issue an acknowledgment on receipt of documents.
Evaluation of Tax Records We pull up tax payment records by consulting tax authority and look for unpaid tax dues owed by the property seller
Creation of Paper Trails: We analyze the tax payment history and create a strong paper trail that is mapped end to end during the property's timeline
Title History Evaluation: We perform title checks to see if the collateral was the bone of contention in the past and if the title transfer was done without tort
Title Commitment Report: Once the collateral is deemed clear we issue a commitment report that will allow lenders to take decisions based on qualitative analysis
Sale and Closing Transaction Execution: Get a single-view of the mortgage portfolio based on which you can deny or close mortgage to finance the client
Why Choose Blue Title 365's Mortgage Title Support Services?
Reliable service, timely reports, and round-the-clock support are hard to come by when your budget size is limited. But not if your choice is Blue Title 365in need of assistance for mortgage title. We are providers of custom mortgage title support services that are crafted with your needs in focus. Here is a list of benefits that await you by outsourcing title support services for companies to Blue Title 365:
Certified Title Support Company:
We are an ISO certified company as well as a member of the mortgage bankers association (MBA). Our services offer limitless potential to see through faulty titles to give lenders a shot at serving responsible borrowers by mitigating their financial risk.
Data Security:
If you want to work with people who would treat your confidential data with diligence, you look no further. Working with us is a risk-free experience. We safeguard your data by handling with care.
High Accuracy and Quality Service:
From title examination to ordering a mortgage title we follow proven practices that deliver results of superior quality. Every project involving mortgage service is handled with care to lower errors and avoid rework. We double-check every report to ensure that the output adheres to the SLA.
Short Turnaround:
Industry compliances and policies are labyrinthine. It becomes challenging for lenders to stay abreast with every regulation. This is where we come in. With decades of experience in the mortgage projects, we handle your needs within the stipulated time.
Scalability:
The reason why we are a notch above the rest is that we specialize in customizing services that allow you to scale up when required.
Pocket-friendly Pricing Options:
We not only serve clients who outsource high-value projects, but also individuals and small enterprises with a limited budget. Our mortgage services are priced flexibly to let you choose services within your budget.
Single-point Contact:
If you are tired of bot responses, fret not! We assign a dedicated human representative who will be your exclusive agent for communicating with us. You can get project updates and inputs in real-time without delay.
Experienced Team of Mortgage Analysts, Developers, and Title Experts:
We know why it matters to have qualified experts on the task. With varying challenges such as complexity and volume we know it is best to let accredited mortgage professionals (AMP), certified mortgage banker (CMB), certified residential underwriters (CRU), certified mortgage bankers (CMB), and residential certified mortgage services professionals (RCMS) with 10+ years of experience to handle title support services. This guarantees satisfaction and peace of mind.
Modern Infrastructure:
To facilitate fast and accurate services our teams are supported by state-of-the-art infrastructure where all latest technology and automation tools are housed and readied for deployment once the project commences.
Secure Data Exchange:
We have the most secure data exchange system that eliminates the chance of data being exposed to unauthorized elements and misuse. We routinely check the health of VPN and secure FTP to keep them ready for securely pushing and pulling project files.
Round-the-Clock Availability:
Want to reach us immediately? Get in touch by phone or email and get responded in no time. We know time is money and have qualified resources to provide 24/7-time zone support no matter where you are.