New Year – New Growth – Less Risk with Contract Processing

Contract Mortgage Loan Processing article as seen in Calyx Software newsletter.

“You have to spend money to make money”…right?

That is what we’ve always been told and there is no question that it is true in most cases. The savvy entrepreneur, however, looks for ways to minimize the cost to grow their business. In mortgage lending one of the major costs of growth is adding processing staff. Traditionally companies would lay out the funds to recruit, hire and train processors in hopes they would have enough ongoing future volume to cover the cost of their guaranteed base salaries and benefits. What if there was another way to scale your company’s growth without the overhead and risk associated with hiring more full-time staff? Your alternative is MTG Processor, a contract mortgage processing company integrated into Calyx Point. MTG Processor offers you the scalability you need to keep up with your fluctuating volume, without the risk, at a lower cost. We charge a flat processing fee when the loan funds and if a loan doesn’t fund, we waive our fee!

MTG Processor has a diverse client base ranging from large companies to individual originators and everyone in between. We are completely paperless and offer a secure, web-based platform for Loan Officers to oversee their pipelines and manage documents. This ability to collaborate on loans and exchange real-time information allows you to connect with our processors as though they were in your office. Our centralized loan processing center employs a team of supervised processors giving originators stability & continuity in their loan operations. With this stability comes the confidence to spend more time growing your business because you are confident loans will continue to move forward without constant involvement.

Whether you want to eliminate the risk of guaranteed base salaries and benefits of in-house processors or leverage the scalability we provide to off-load loans when they are at capacity, we are the solution to help you grow in 2012. Please visit us online at www.mtgprocessor.com or reach us toll free at 877-532-0829.

Written by

Brian Fisicaro is President of MTG Processor LLC. He has 10 years of experience in the mortgage industry in origination, underwriting and fulfillment with companies such as Bank of America. MTG Processor is a completely paperless loan processing company, which utilizes hosted document management software provided by www.atlos.com. Brian can be reached at bfisicaro@mtgprocessor.com or (877) 532-0829