Mortgage Outsourcing Companies India
At StraightSource, we pride ourselves on being trustworthy and efficient above all else. They say the devil is in the details; they forget to mention that most of those details are in the paperwork. Mortgage processing can really slow down your loan officers when every compliance must be met and every minor detail has to be recorded properly. Simply put, all that paperwork and processing takes time and money, both of which could be better spent acquiring new customers, putting out advertising, analyzing sales, and so on. By taking the burden of processing off your loan officers, you free them to focus on their customers while also saving costs on their reduced work.
Here’s How We Handle Your Mortgage Processing
Mortgage outsourcing companies exist across India, but ours has a carefully structured plan that eliminates mistakes. After all, the fastest processing in the world is pointless if it’s full of clerical errors and non-compliances. Here’s how we handle your paperwork:
- Before we begin any kind of filling out, we organize documents into clear categories for quicker referral and easy location later. We also fill out the 1003 at this point, without fail. Customers cannot simply neglect their Form 65, so we should not have that luxury either.
- At this point come the various background checks required for loan approval. If everything is in order, we then order the third-party documents involved in the process, including the VOE and HOI. We also check thoroughly for any red flags using DU/LP.
- If nothing comes up as a glaring problem, we send the loan file in for underwriting, where appraisal begins. We carefully inspect the reports involved (Income, Asset, and Title), and we approve the loan after any necessary revisions of previous steps.
- Once approval has gone through, we focus on organizing the closing documents. We make sure we and the customer have both met all conditions for closing, and with that, we schedule closing after readying a Prelim document as well.
- Next, we make sure our loan packages are seamless in every regard before uploading them for the Investor. Finally, the package goes through.
- We’re always looking to improve, so our final step involves compliance and quality control audits. If we have made any obvious errors, we examine for possible systemic flaws in the process. If we need to adjust our plan, we do so quickly and without any inconvenience for your company.
Mortgage Outsourcing in India that Employs Only the Best and Most Productive
That burden can then be placed on our professionals who have refined the process to a science. We have our mortgage processing labor follow a strict 6-step plan to ensure compliance and flawlessness at every step of the way. Plus, almost all mortgage outsourcing companies in India will cost you less than hiring more in-house workers. In other words, you’re getting a faster, more carefully screened process while paying less overall. What says “business savvy” more than that?
Hire A Mortgage Outsourcing Company in India To Begin Saving Costs
Companies in everything from product recall to IT outsource work to Indian processing companies, and they usually flourish afterwards thanks to an increased budget with no dips in productivity. We also specialise in delivering high-quality BPO services in India, call center outsourcing services in India & telemarketing services in India. If your company is perfectly situated to gain from this too, simply fill out the form to get in touch with us.