Mortgage Processing Services
Blue Title 365 Mortgage Processing Services
Mortgage Processing Services
From initial application approval to closing, acquiring a mortgage loan is a tedious, time-consuming, and labour-intensive process for lenders, borrowers, real estate agents, sellers, and anyone else directly or indirectly linked to the mortgage transaction. At Blue Title 365, 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.
Assistance with Mortgage Loan Processing
Our niche mortgage processing services help clients rapidly adapt to changing market conditions while improving their customer retention numbers and satisfaction ratings. Our mortgage process outsourcing support services include -
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
In case if you need, we can also help you with preparing loan estimate (LE)
Reviewing Documents for Compliance
We specialize in stringent document review throughout the entire process of document preparation and fulfilment. 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
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
We can check the latest social security status
We can Review existing loans (with MERS)
We can check for any defaults in tax returns and payments
Credential Verification
As per our client's request, we can also perform a thorough and in-depth verification of.
All the documents submitted by the users
VoE, VoM, VoD
Property’s sale history
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
Why Choose Blue Title 365 for Mortgage Process Outsourcing Support?
To speed up the mortgage pre-processing timeline, we order appraisals only from authorized appraisers by sending an email with the loan application reference and property details. Before placing the appraisal order, we verify the payment receipt (for appraisal fee) to reduce any delays as well.
LE Form Review
The loan estimate form contains every borrower details such as loan term, purpose, product bought, loan type, taxes involved, insurance and overall assessment. Out team od mortgage service professionals ensure complete correctness of the LE form within a brief time.
Blue Title 365 Mortgage Pre-processing Procedure We Follow
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.