¤
Within 24 hours of receiving a file, Outsource Mortgage
Processing will input the loan into the mortgage software.
¤ We will then notify the Loan
Officer to review the file and go over any missing items.
¤ Title/Escrow and appraisal is
ordered, if applicable.
¤ We will order all VOE’s,
VOD’s. VOM’s, and documentation required by third parties.
¤ We work with all parties involved
to collect all needed items. Once all items are received, the file
will be submitted to the lender provided
by the Loan Officer.
¤ Once we receive the approval
from the lender, we will fax a copy to the loan officer and work with
all applicable parties to clear all
conditions.
¤ We will request that a copy
of the preliminary HUD be faxed to us prior to closing for verification
of figures and review with the originator.
¤ We will order the evidence of
insurance.
¤ We will coordinate and schedule
the signing appointment.
¤ The loan package will be returned
to the originator’s office after funding.
You will have access to your
pipeline reports that include updated loan status on every file.
Pipeline reports include the information you need to manage
your loans. Days in process, rate lock expiration, rates,
points, loan amounts, to name a few.
OUR
GOAL IS TO BE YOUR PERSONAL ASSISTANT. WE WILL TAILOR THE
PROGRAM TO FIT YOUR NEEDS.
TELL US WHAT YOU NEED, AND WE WILL WORK OUT A SYSTEM TO HELP YOU.
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