Our Loan Processing Service Includes:
- Collecting and identifying required documents for the mortgage loan file.
- Imaging and indexing loan documents.
- Pre-Underwriting review and analysis of the entire loan file including all documentation
- Analysis of complex loan documentation.
- Working in automated underwriting and registration systems (DO, LP, FHA Connection, etc.).
- Organizing all documents for mortgage loan file submission to an underwriter.
- Loan Submission to underwriting via website, secure e-mail, etc.
- Ordering third party services (Appraisal, Title, and Insurance).
- Ordering VOE, VOD, etc.
- Collecting additional conditions requested by the underwriter and obtaining Clear to Close
- Coordinating Closing.
- Making the completed indexed loan file available to LO for download.
*** This is not a comprehensive list. For additional details on our process, click here
Our Quality Commitment
These core values are the foundation upon which MTG Processor was built. They are evident and on display everyday. We understand the enormous gravity of entrusting your loans to a processing company, because every loan is so important. That is why we will work hard every day to earn your trust and become your processing partner.
Though unattainable, perfection
is our goal. We strive to always do things right the first time.
Our processes and our experience
combined equals a higher level of efficiency for us all.
We do what we say we will do,
and we do it ethically and with moral responsibility.
By keeping our Loan Officers
informed, we establish trust and build long-term relationships.
Customize Your Experience
Your Control
We like to stay relatively static in our process as it is key to our efficiency. Our efficiency is what allows us to provide a high quality service at an affordable price. We also know that everyone works differently and has individual needs and preferences with respect to the process. At the beginning of our relationship, we look to capture these preferences and set expectations accordingly thereby ensuring a smooth workflow from day one.
Communication
Just as in any relationship, communication is paramount. And not just communication…good communication. We outline a communication routine with you at the outset to make sure that you are kept informed. The method of communication is completely up to you. This can be anything from a weekly call for pipeline review to daily contact via e-mail, telephone and/or our system. In any event, you should never wonder what is happening on your loans.
You or Us…It’s your choice!
- The borrower’s primary point of contact
- Run AUS (Initial & Re-runs)
- Order Title/Appraisal
- Register new loans in our system
- Upload documentation to our system
- Most other pieces of the loan process
We are glad to take care of any and all of these for you. However, if you would rather handle them yourself, we understand and we can modify our process to accommodate most requests. The amount of your involvement is completely up to you!
