Suma Soft predicts the latest trends in Mortgage BPO Services in USA
to efficiently accomplish mortgage origination, processing and underwriting.
Suma Soft has developed a tested and proven integrated mortgage loan
origination process that ensures collection, organization, and evaluation
of required documents.
What are the latest trends in Mortgage BPO services in USA?
Here are 7 trends or we say processes that are being outsourcing
1. Stacking & Indexing –:
Split of documents and classification of documents as
per document types
2. Loan Boarding –:
Entering initial information from 1003, Income, Credit,
Title & all disclosures available
3. Pre-QC –:
Verifying the data entered in Calyx or Encompass360
& informing the Loan officer on missing documents
4. Third Party Documents ordering & Reviewing –:
Title, Appraisal, HOI, FHA case etc.
5. Initial Submission to Underwriter –:
Clear Underwriting Conditions to take the loan to clear
to close, Uploading the loan package
6. Post-Closing Package –:
Creating postclosing package as per state regulatory
7. Workforce Management Tool –:
Outsourcing Mortgage companies that utilize Workforce
Management tools and have some relative industry
experience that keeps your company competitive edge
Suma Soft provides customized client-specific mortgage loan
fulfillment solutions that reduce costs, provide additional
capacity as a fully compliant loan fulfillment partner. We
can also provide complete end-to-end mortgage loan
fulfillment solutions or component-based Mortgage BPO solutions.
FOR MORE DETAILS CLICK HERE>>>http://www.sumasoft.com/bpo-services-usa/mortgage-bpo-services-usa
Suma Soft’s Mortgage BPO Services USA assists mortgage lenders & brokers to efficiently accomplish financial process related demands including mortgage origination and underwriting.
For Free Consultation, leave a message here...
Suma Soft Private Limited
Name: Stuart Smith
+1 281 764 1825
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